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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 2025-02-06 View latest technical analysis

10 day averaged volume of Mm Forgings is 36866

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	411.70	415.50	430.00	407.95	1.487 times
05 Wed Feb 2025	425.45	414.00	431.45	414.00	1.924 times
04 Tue Feb 2025	413.60	408.35	418.45	408.35	0.798 times
03 Mon Feb 2025	408.15	427.10	433.30	402.60	1.427 times
31 Fri Jan 2025	434.00	428.60	436.80	419.55	0.585 times
30 Thu Jan 2025	426.90	422.10	429.85	417.50	0.525 times
29 Wed Jan 2025	421.30	401.45	426.00	401.45	0.933 times
28 Tue Jan 2025	405.05	412.95	414.05	399.00	1.074 times
27 Mon Jan 2025	410.85	421.15	424.25	403.55	1.086 times
24 Fri Jan 2025	424.85	432.80	432.80	423.60	0.456 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 412.6, but if it comes above 412.6, then a intra day buy could be more profitable.
If you take a sell trade below 412.6, then use 412.6 as stoploss and 394 as target. However if you take a buy trade in stock , then use 412.6 as stoploss and 428.13 as target.

Share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Target	399.00
Upside Target	415.00
Upside Target	452.80
Upside Target	453.65
Upside Target	462.55
Upside Target	472.00
Upside Target	477.95
Upside Target	480.00
Upside Target	519.00
Upside Target	582.00
Upside Target	604.70

Intraday share price targets for Mm Forgings (MMFL)

Target Type	Value
Downside Intraday Target	398.43
Downside Intraday Target	385.17
Upside Intraday Target	429.13
Upside Intraday Target	446.57
Upside Intraday Target	415.87

Weekly technical analysis of Mm Forgings (MMFL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	411.70	427.10	433.30	402.60	1.341 times
31 Fri Jan 2025	434.00	421.15	436.80	399.00	0.873 times
24 Fri Jan 2025	424.85	451.00	462.55	423.50	0.48 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

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
06 Thu Feb 2025	411.70	427.10	433.30	402.60	0.158 times
31 Fri Jan 2025	434.00	460.90	477.95	399.00	0.699 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

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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Mm Forgings in short term but the buy signal is initial and weak.

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 coming down

CCI has generated a SELL signal for Mm Forgings in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 416.64 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.