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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 2025-01-16 View latest technical analysis

10 day averaged volume of Mm Forgings is 69923

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	442.70	428.50	445.00	428.25	0.376 times
15 Wed Jan 2025	426.25	423.00	434.95	423.00	0.498 times
14 Tue Jan 2025	430.15	423.70	432.95	419.00	0.497 times
13 Mon Jan 2025	421.45	422.00	428.00	415.00	0.884 times
10 Fri Jan 2025	422.85	431.70	434.50	421.55	0.567 times
09 Thu Jan 2025	433.05	431.20	440.80	430.50	0.44 times
08 Wed Jan 2025	430.50	436.90	443.40	426.00	1.113 times
07 Tue Jan 2025	435.85	436.30	448.00	430.05	1.407 times
06 Mon Jan 2025	431.55	450.00	453.65	427.40	1.761 times
03 Fri Jan 2025	449.75	464.20	464.20	444.30	1.549 times

My analysis of stock is bearish for shortterm, and stock might move down till 429.6 or till 399.3. Use a stoploss of 454.8 and if the stock hits stoploss, then it can shoot up till 480.05

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	415.00
Upside Target	444.30
Upside Target	473.00
Upside Target	485.00
Upside Target	492.00
Upside Target	519.00
Upside Target	522.70
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	423.47
Downside Intraday Target	404.23
Upside Intraday Target	453.47
Upside Intraday Target	464.23
Downside Intraday Target	434.23

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	442.70	422.00	445.00	415.00	0.426 times
10 Fri Jan 2025	422.85	450.00	453.65	421.55	1.122 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

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
16 Thu Jan 2025	442.70	460.90	477.95	415.00	0.41 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a SELL signal for Mm Forgings in short term and the sell signal is strong.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 433.83 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 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.