Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MUNJALSHOW) Munjal Showa complete technical analysis [charts+indicators] | Buy/Sell Munjal Showa | (MUNJALSHOW) share price targets

Complete technical analysis of Munjal Showa (MUNJALSHOW) by charts plus indicators, forecast predictions and share price targets for Munjal Showa (MUNJALSHOW)

Munjal Showa trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Munjal Showa is 257286

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	155.20	156.05	159.80	152.20	0.855 times
15 Fri Mar 2024	156.00	157.85	159.85	150.65	0.623 times
14 Thu Mar 2024	157.05	146.00	159.95	144.35	1.149 times
13 Wed Mar 2024	145.50	159.15	163.45	143.00	1.151 times
12 Tue Mar 2024	159.15	167.00	167.65	157.40	1.084 times
11 Mon Mar 2024	167.50	175.50	176.50	165.50	0.86 times
07 Thu Mar 2024	176.95	178.70	182.50	174.00	0.677 times
06 Wed Mar 2024	177.95	183.75	187.20	175.65	1.012 times
05 Tue Mar 2024	183.75	187.20	190.60	182.10	0.693 times
04 Mon Mar 2024	187.40	195.75	196.30	186.05	1.526 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 161.2, but if it comes above 161.2, then a intra day buy could be more profitable.
If you take a sell trade below 161.2, then use 161.2 as stoploss and 145 as target. However if you take a buy trade in stock , then use 161.2 as stoploss and 174.66 as target.

Share price targets for Munjal Showa (MUNJALSHOW)

Target Type	Value
Downside Target	126.40
Downside Target	131.30
Downside Target	141.80
Downside Target	147.00
Downside Target	152.20
Upside Target	159.80
Upside Target	168.50
Upside Target	174.00
Upside Target	194.00
Upside Target	196.30
Upside Target	201.00
Upside Target	203.90
Upside Target	211.90

Intraday share price targets for Munjal Showa (MUNJALSHOW)

Target Type	Value
Downside Intraday Target	151.67
Downside Intraday Target	148.13
Upside Intraday Target	159.27
Upside Intraday Target	163.33
Upside Intraday Target	155.73

Weekly technical analysis of Munjal Showa (MUNJALSHOW)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	155.20	156.05	159.80	152.20	0.176 times
15 Fri Mar 2024	156.00	175.50	176.50	143.00	1.245 times
07 Thu Mar 2024	176.95	195.75	196.30	174.00	0.268 times
02 Sat Mar 2024	195.70	181.65	201.00	169.50	5.568 times
23 Fri Feb 2024	181.10	185.35	194.00	178.30	0.646 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Munjal Showa (MUNJALSHOW)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	155.20	171.60	201.00	143.00	1.036 times
29 Thu Feb 2024	170.45	197.10	211.90	168.50	0.293 times
31 Wed Jan 2024	196.80	144.40	203.90	141.80	4.291 times
29 Fri Dec 2023	144.40	139.90	153.40	131.30	1.163 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Munjal Showa (MUNJALSHOW)

Price action analysis of Munjal Showa ( (MUNJALSHOW) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Munjal Showa ( (MUNJALSHOW) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Munjal Showa ( (MUNJALSHOW) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Munjal Showa ( (MUNJALSHOW) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Munjal Showa stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Munjal Showa in short term and the sell signal is strong.

Munjal Showa Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Munjal Showa in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Munjal Showa is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 166.94 and Munjal Showa (MUNJALSHOW) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Munjal Showa (MUNJALSHOW) stock. Volume based technical analysis of Munjal Showa (MUNJALSHOW) stock is negative.

Munjal Showa Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.