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(MRO-TEK) Mro Tek complete technical analysis [charts+indicators] | Buy/Sell Mro Tek | (MRO-TEK) share price targets

Complete technical analysis of Mro Tek (MRO-TEK) by charts plus indicators, forecast predictions and share price targets for Mro Tek (MRO-TEK)

Mro Tek trades in NSE in Telecom Equipment sector.

Showing technical analysis as on 2024-12-10 View latest technical analysis

10 day averaged volume of Mro Tek is 44847

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	92.91	91.31	95.70	91.00	2.278 times
09 Mon Dec 2024	91.53	97.40	97.90	91.40	1.629 times
06 Fri Dec 2024	94.77	88.29	96.07	86.72	5.077 times
05 Thu Dec 2024	87.34	88.00	88.30	85.51	0.347 times
04 Wed Dec 2024	86.66	87.74	88.48	86.03	0.235 times
03 Tue Dec 2024	87.06	89.00	89.00	86.30	0.28 times
02 Mon Dec 2024	86.67	87.00	88.39	84.19	0.449 times
29 Fri Nov 2024	85.33	83.99	86.29	83.30	0.418 times
28 Thu Nov 2024	83.99	87.59	90.02	82.25	1.212 times
27 Wed Nov 2024	86.55	86.72	87.55	85.42	0.163 times

Stock of Mro Tek (MRO-TEK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 91.5, but if it comes below 91.5, then a intra day sell could be more profitable.
If you take a sell trade below 91.5, then use 91.5 as stoploss and 88.25 as target. However if you take a buy trade in stock , then use 91.5 as stoploss and 95.4 as target.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	82.00
Downside Target	88.00
Downside Target	90.02
Upside Target	95.75
Upside Target	96.07
Upside Target	97.75
Upside Target	97.90
Upside Target	102.00
Upside Target	106.50
Upside Target	113.70
Upside Target	119.46

Intraday share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Intraday Target	89.97
Downside Intraday Target	87.04
Upside Intraday Target	96.87
Upside Intraday Target	100.84
Upside Intraday Target	93.94

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	92.91	97.40	97.90	91.00	0.612 times
06 Fri Dec 2024	94.77	87.00	96.07	84.19	2.953 times
29 Fri Nov 2024	85.33	86.70	90.02	82.25	1.491 times
22 Fri Nov 2024	84.82	91.60	92.00	83.55	1.232 times
14 Thu Nov 2024	88.43	91.25	95.75	88.00	1.002 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 Mro Tek (MRO-TEK)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	92.91	87.00	97.90	84.19	1.669 times
29 Fri Nov 2024	85.33	92.68	97.75	82.25	0.152 times
31 Thu Oct 2024	91.37	106.50	106.50	82.00	3.815 times
04 Wed Sep 2024	112.83	111.42	113.70	102.00	0.287 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 Mro Tek (MRO-TEK)

Price action analysis of Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mro Tek stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mro Tek 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.

Mro Tek 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mro Tek in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mro Tek is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.61 and Mro Tek (MRO-TEK) 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 Mro Tek (MRO-TEK) stock. Volume based technical analysis of Mro Tek (MRO-TEK) stock is negative.

Mro Tek 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.