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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.

Showing technical analysis as on 2024-12-02 View latest technical analysis

10 day averaged volume of Mm Forgings is 54690

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	497.30	499.70	501.95	493.05	0.386 times
29 Fri Nov 2024	500.80	508.00	509.80	498.00	0.364 times
28 Thu Nov 2024	506.85	509.80	519.00	500.00	1.423 times
27 Wed Nov 2024	505.25	461.40	514.00	459.30	3.495 times
26 Tue Nov 2024	459.60	461.45	465.50	452.20	0.401 times
25 Mon Nov 2024	461.45	464.20	464.20	454.05	0.351 times
22 Fri Nov 2024	458.70	469.00	470.95	455.00	0.402 times
21 Thu Nov 2024	468.20	470.55	470.55	447.80	0.71 times
19 Tue Nov 2024	469.30	452.15	479.45	450.00	1.112 times
18 Mon Nov 2024	450.15	440.00	454.95	430.00	0.828 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 495.1, but if it comes below 495.1, then a intra day sell could be more profitable.
If you take a sell trade below 495.1, then use 495.1 as stoploss and 474.12 as target. However if you take a buy trade in stock , then use 495.1 as stoploss and 520.2 as target.

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	429.40
Downside Target	452.20
Downside Target	473.15
Downside Target	493.05
Upside Target	502.45
Upside Target	519.00
Upside Target	522.70
Upside Target	532.00
Upside Target	604.70
Upside Target	610.00
Upside Target	618.80

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	492.92
Downside Intraday Target	488.53
Upside Intraday Target	501.82
Upside Intraday Target	506.33
Upside Intraday Target	497.43

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	497.30	499.70	501.95	493.05	0.064 times
29 Fri Nov 2024	500.80	464.20	519.00	452.20	1.977 times
22 Fri Nov 2024	458.70	440.00	479.45	430.00	1.001 times
14 Thu Nov 2024	439.90	482.00	482.00	429.40	0.791 times
08 Fri Nov 2024	475.40	502.05	502.45	473.15	1.317 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
02 Mon Dec 2024	497.30	499.70	501.95	493.05	0.024 times
29 Fri Nov 2024	500.80	489.00	519.00	429.40	0.957 times
31 Thu Oct 2024	487.45	603.85	604.70	480.00	0.734 times
30 Mon Sep 2024	599.95	603.00	610.00	522.70	0.641 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 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.

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

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mm Forgings in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mm Forgings Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Mm Forgings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 487.65 and Mm Forgings (MMFL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.