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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 2025-01-21 View latest technical analysis

10 day averaged volume of Mm Forgings is 66305

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	449.60	459.05	459.05	448.00	0.32 times
20 Mon Jan 2025	454.50	451.00	462.55	451.00	0.703 times
17 Fri Jan 2025	466.10	440.75	472.00	438.00	3.199 times
16 Thu Jan 2025	442.70	428.50	445.00	428.25	0.396 times
15 Wed Jan 2025	426.25	423.00	434.95	423.00	0.526 times
14 Tue Jan 2025	430.15	423.70	432.95	419.00	0.524 times
13 Mon Jan 2025	421.45	422.00	428.00	415.00	0.932 times
10 Fri Jan 2025	422.85	431.70	434.50	421.55	0.598 times
09 Thu Jan 2025	433.05	431.20	440.80	430.50	0.464 times
08 Wed Jan 2025	430.50	436.90	443.40	426.00	1.174 times

My analysis of stock is bullish for shortterm, and stock might move up till 469.3 or till 493. Use a stoploss of 449.57 and if this stock hits its stoploss, then it can fall down till 429.83

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	415.00
Downside Target	444.30
Upside Target	472.00
Upside Target	480.00
Upside Target	485.00
Upside Target	492.00
Upside Target	519.00
Upside Target	522.70
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	444.22
Downside Intraday Target	438.83
Upside Intraday Target	458.77
Upside Intraday Target	467.93
Upside Intraday Target	453.38

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	449.60	451.00	462.55	448.00	0.184 times
17 Fri Jan 2025	466.10	422.00	472.00	415.00	1 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

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
21 Tue Jan 2025	449.60	460.90	477.95	415.00	0.559 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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 but SELL signal is weak.

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 444.93 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 negative.

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