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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 2024-12-10 View latest technical analysis

10 day averaged volume of Mm Forgings is 110971

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	566.15	535.00	573.35	531.55	1.408 times
09 Mon Dec 2024	532.45	540.00	544.75	531.25	0.287 times
06 Fri Dec 2024	542.35	546.20	552.80	533.80	0.596 times
05 Thu Dec 2024	553.80	538.50	582.00	537.00	5.074 times
04 Wed Dec 2024	527.05	503.20	530.00	503.20	0.814 times
03 Tue Dec 2024	503.20	495.65	509.70	495.30	0.237 times
02 Mon Dec 2024	497.30	499.70	501.95	493.05	0.19 times
29 Fri Nov 2024	500.80	508.00	509.80	498.00	0.18 times
28 Thu Nov 2024	506.85	509.80	519.00	500.00	0.701 times
27 Wed Nov 2024	505.25	461.40	514.00	459.30	1.722 times

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 574.1, for a target of 528.1 or 489.8

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	429.40
Downside Target	452.20
Downside Target	479.45
Downside Target	493.05
Downside Target	519.00
Downside Target	532.00
Upside Target	573.35
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	540.48
Downside Intraday Target	514.82
Upside Intraday Target	582.58
Upside Intraday Target	599.02
Downside Intraday Target	556.92

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	566.15	540.00	573.35	531.25	0.245 times
06 Fri Dec 2024	542.35	499.70	582.00	493.05	2.324 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

Price has moved up 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 Tue Dec 2024	566.15	499.70	582.00	493.05	1.082 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 and the buy signal is strong.

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 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 538.98 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.