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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 2025-01-08 View latest technical analysis

10 day averaged volume of Mm Forgings is 63648

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	430.50	436.90	443.40	426.00	1.223 times
07 Tue Jan 2025	435.85	436.30	448.00	430.05	1.546 times
06 Mon Jan 2025	431.55	450.00	453.65	427.40	1.934 times
03 Fri Jan 2025	449.75	464.20	464.20	444.30	1.702 times
02 Thu Jan 2025	459.75	473.10	477.95	457.50	1.411 times
01 Wed Jan 2025	467.80	460.90	477.90	460.90	0.721 times
31 Tue Dec 2024	465.15	463.60	468.70	452.80	0.577 times
30 Mon Dec 2024	461.20	480.30	485.00	459.00	0.766 times
27 Fri Dec 2024	474.50	480.00	487.45	473.00	0.438 times
26 Thu Dec 2024	480.65	490.40	490.50	476.95	0.505 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 448, but if it comes above 448, then a intra day buy could be more profitable.
If you take a sell trade below 448, then use 448 as stoploss and 397.6 as target. However if you take a buy trade in stock , then use 448 as stoploss and 490.07 as target.

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	426.00
Upside Target	444.30
Upside Target	473.00
Upside Target	519.00
Upside Target	522.70
Upside Target	531.00
Upside Target	573.35
Upside Target	575.25
Upside Target	582.00
Upside Target	604.70
Upside Target	610.00

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	419.78
Downside Intraday Target	409.07
Upside Intraday Target	447.43
Upside Intraday Target	464.37
Upside Intraday Target	436.72

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	430.50	450.00	453.65	426.00	0.908 times
03 Fri Jan 2025	449.75	480.30	485.00	444.30	2.46 times
27 Fri Dec 2024	474.50	483.00	492.00	473.00	0.364 times
20 Fri Dec 2024	483.00	555.00	575.25	480.45	0.698 times
13 Fri Dec 2024	549.95	540.00	573.35	531.00	0.687 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
08 Wed Jan 2025	430.50	460.90	477.95	426.00	0.289 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
31 Thu Oct 2024	487.45	603.85	604.70	480.00	0.734 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 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 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 448.92 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.