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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 2024-12-18 View latest technical analysis

10 day averaged volume of Mm Forgings is 141670

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	529.45	552.80	555.45	526.00	0.312 times
17 Tue Dec 2024	545.80	562.45	566.00	542.00	0.306 times
16 Mon Dec 2024	561.05	555.00	575.25	545.55	0.893 times
13 Fri Dec 2024	549.95	540.55	572.00	531.00	1.905 times
12 Thu Dec 2024	540.55	560.00	560.00	535.00	0.244 times
11 Wed Dec 2024	555.20	560.50	560.50	549.40	0.244 times
10 Tue Dec 2024	566.15	535.00	573.35	531.55	1.103 times
09 Mon Dec 2024	532.45	540.00	544.75	531.25	0.225 times
06 Fri Dec 2024	542.35	546.20	552.80	533.80	0.467 times
05 Thu Dec 2024	553.80	538.50	582.00	537.00	3.975 times

My analysis of stock is bullish for shortterm, and stock might move up till 552.9 or till 594.5. Use a stoploss of 518.26 and if this stock hits its stoploss, then it can fall down till 483.63

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
Upside Target	573.35
Upside Target	575.25
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	511.88
Downside Intraday Target	494.32
Upside Intraday Target	561.13
Upside Intraday Target	592.82
Upside Intraday Target	543.57

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	529.45	555.00	575.25	526.00	0.406 times
13 Fri Dec 2024	549.95	540.00	573.35	531.00	0.687 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

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
18 Wed Dec 2024	529.45	499.70	582.00	493.05	1.708 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, and volume has increased substantially. This means that the move can 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 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 and the buy signal is strong.

Mm Forgings Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 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 552.73 and Mm Forgings (MMFL) stock is trading below this level. This means that stock is falling with high volumes. 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.