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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 2024-12-05 View latest technical analysis

10 day averaged volume of Mm Forgings is 52861

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	553.80	538.50	582.00	537.00	10.652 times
04 Wed Dec 2024	527.05	503.20	530.00	503.20	1.71 times
03 Tue Dec 2024	503.20	495.65	509.70	495.30	0.498 times
02 Mon Dec 2024	497.30	499.70	501.95	493.05	0.399 times
29 Fri Nov 2024	500.80	508.00	509.80	498.00	0.377 times
28 Thu Nov 2024	506.85	509.80	519.00	500.00	1.472 times
27 Wed Nov 2024	505.25	461.40	514.00	459.30	3.616 times
26 Tue Nov 2024	459.60	461.45	465.50	452.20	0.415 times
25 Mon Nov 2024	461.45	464.20	464.20	454.05	0.363 times
22 Fri Nov 2024	458.70	469.00	470.95	455.00	0.416 times

Stock of Mm Forgings (MMFL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 544.2, for a target of 509 or 479.63

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
Downside Target	519.00
Downside Target	522.70
Downside Target	532.00
Upside Target	582.00
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	503.9
Downside Intraday Target	454
Upside Intraday Target	592.85
Upside Intraday Target	631.9
Downside Intraday Target	542.95

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	553.80	499.70	582.00	493.05	2.124 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mm Forgings (MMFL)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	553.80	499.70	582.00	493.05	0.794 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 up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mm Forgings in short term and BUY signal is strong.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530.19 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 positive

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