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(MMFL) Mm Forgings complete technical analysis [charts+indicators] | Buy/Sell Mm Forgings | (MMFL) share price targets

Complete technical analysis of Mm Forgings (MMFL) by charts plus indicators, forecast predictions and share price targets for Mm Forgings (MMFL)

Mm Forgings trades in NSE in Other Industrial Products sector.

10 day averaged volume of Mm Forgings is 41589

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	380.70	403.75	404.00	378.00	2.931 times
07 Fri Feb 2025	399.20	408.00	413.90	396.60	1.28 times
06 Thu Feb 2025	411.70	415.50	430.00	407.95	1.318 times
05 Wed Feb 2025	425.45	414.00	431.45	414.00	1.705 times
04 Tue Feb 2025	413.60	408.35	418.45	408.35	0.707 times
03 Mon Feb 2025	408.15	427.10	433.30	402.60	1.265 times
31 Fri Jan 2025	434.00	428.60	436.80	419.55	0.518 times
30 Thu Jan 2025	426.90	422.10	429.85	417.50	0.465 times
29 Wed Jan 2025	421.30	401.45	426.00	401.45	0.827 times
28 Tue Jan 2025	405.05	412.95	414.05	399.00	0.952 times

Stock of Mm Forgings (MMFL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 381.9, for a target of 405.4 or 424.91

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	378.00
Upside Target	396.60
Upside Target	415.00
Upside Target	423.50
Upside Target	452.80
Upside Target	462.55
Upside Target	472.00
Upside Target	477.95
Upside Target	480.00
Upside Target	519.00
Upside Target	582.00
Upside Target	604.70

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	371.13
Downside Intraday Target	361.57
Upside Intraday Target	397.13
Upside Intraday Target	413.57
Upside Intraday Target	387.57

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	380.70	403.75	404.00	378.00	0.467 times
07 Fri Feb 2025	399.20	427.10	433.30	396.60	1.685 times
31 Fri Jan 2025	434.00	421.15	436.80	399.00	0.873 times
24 Fri Jan 2025	424.85	451.00	462.55	423.50	0.48 times
17 Fri Jan 2025	466.10	422.00	472.00	415.00	1 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 Mm Forgings (MMFL)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	380.70	427.10	433.30	378.00	0.291 times
31 Fri Jan 2025	434.00	460.90	477.95	399.00	0.699 times
31 Tue Dec 2024	465.15	499.70	582.00	452.80	2.131 times
29 Fri Nov 2024	500.80	489.00	519.00	429.40	0.957 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 Mm Forgings (MMFL)

Price action analysis of Mm Forgings ( (MMFL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mm Forgings ( (MMFL) ) 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 Mm Forgings ( (MMFL) ) 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 Mm Forgings ( (MMFL) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Mm Forgings in short term and the sell signal is strong.

Mm Forgings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Mm Forgings in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mm Forgings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 406.16 and Mm Forgings (MMFL) 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 Mm Forgings (MMFL) stock. Volume based technical analysis of Mm Forgings (MMFL) stock is negative.

Mm Forgings 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.