(MTNL) Mahanagar Telephone complete technical analysis [charts+indicators] | Buy/Sell Mahanagar Telephone | (MTNL) share price targets
Complete technical analysis of Mahanagar Telephone (MTNL) by charts plus indicators, forecast predictions and share price targets for Mahanagar Telephone (MTNL)
Mahanagar Telephone trades in NSE in Telecom Services sector.
Showing technical analysis as on 2024-04-05 View latest technical analysis
10 day averaged volume of Mahanagar Telephone is 3012385
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 39.60 | 36.40 | 39.90 | 35.60 | 3.19 times |
04 Thu Apr 2024 | 36.30 | 37.00 | 37.95 | 35.65 | 0.827 times |
03 Wed Apr 2024 | 36.60 | 35.25 | 37.15 | 35.20 | 1.172 times |
02 Tue Apr 2024 | 35.55 | 34.70 | 36.10 | 34.65 | 1.544 times |
01 Mon Apr 2024 | 34.40 | 33.45 | 34.40 | 33.25 | 0.243 times |
28 Thu Mar 2024 | 32.80 | 34.50 | 35.10 | 32.45 | 1.202 times |
27 Wed Mar 2024 | 33.95 | 32.50 | 33.95 | 32.40 | 1.467 times |
26 Tue Mar 2024 | 32.35 | 33.50 | 33.90 | 32.00 | 0.883 times |
22 Fri Mar 2024 | 33.45 | 33.75 | 34.40 | 33.20 | 0.842 times |
21 Thu Mar 2024 | 33.75 | 32.55 | 33.75 | 32.55 | 0.917 times |
Stock of Mahanagar Telephone (MTNL) 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 37.9, but if it comes below 37.9, then a intra day sell could be more profitable.
If you take a sell trade below 37.9, then use 37.9 as stoploss and 35.21 as target. However if you take a buy trade in stock , then use 37.9 as stoploss and 41.1 as target.
Share price targets for Mahanagar Telephone (MTNL)
Target Type | Value |
Downside Target | 28.60 |
Downside Target | 31.20 |
Downside Target | 32.00 |
Downside Target | 33.25 |
Downside Target | 34.85 |
Downside Target | 37.00 |
Downside Target | 39.15 |
Upside Target | 39.90 |
Upside Target | 40.70 |
Upside Target | 44.10 |
Upside Target | 44.40 |
Upside Target | 51.80 |
Upside Target | 52.40 |
Intraday share price targets for Mahanagar Telephone (MTNL)
Target Type | Value |
Downside Intraday Target | 35.27 |
Downside Intraday Target | 30.93 |
Upside Intraday Target | 41.92 |
Upside Intraday Target | 44.23 |
Downside Intraday Target | 37.58 |
Weekly technical analysis of Mahanagar Telephone (MTNL)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 39.60 | 33.45 | 39.90 | 33.25 | 1.964 times |
28 Thu Mar 2024 | 32.80 | 33.50 | 35.10 | 32.00 | 0.809 times |
22 Fri Mar 2024 | 33.45 | 33.50 | 34.85 | 31.20 | 0.636 times |
15 Fri Mar 2024 | 33.20 | 40.70 | 40.70 | 31.20 | 1.238 times |
07 Thu Mar 2024 | 40.55 | 44.00 | 44.10 | 39.15 | 0.621 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mahanagar Telephone (MTNL)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 39.60 | 33.45 | 39.90 | 33.25 | 0.324 times |
28 Thu Mar 2024 | 32.80 | 43.55 | 44.40 | 31.20 | 0.249 times |
29 Thu Feb 2024 | 42.95 | 50.60 | 52.40 | 37.00 | 0.525 times |
31 Wed Jan 2024 | 49.85 | 33.90 | 51.80 | 32.15 | 2.017 times |
Scroll below to view daily charts
Price has moved up 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 Mahanagar Telephone (MTNL)
Price action analysis of Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) based on a mid to longer 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.
ADX buy sell signal for Mahanagar Telephone stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mahanagar Telephone 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.
Mahanagar Telephone 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 buy signal for Mahanagar Telephone 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 Mahanagar Telephone is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.76 and Mahanagar Telephone (MTNL) 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 Mahanagar Telephone (MTNL) stock. Volume based technical analysis of Mahanagar Telephone (MTNL) stock is negative.
Mahanagar Telephone 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.
Price action analysis of Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) 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 Mahanagar Telephone ( (MTNL) ) based on a mid to longer 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.
ADX buy sell signal for Mahanagar Telephone stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mahanagar Telephone 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.
Mahanagar Telephone 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 buy signal for Mahanagar Telephone 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 Mahanagar Telephone is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.76 and Mahanagar Telephone (MTNL) 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 Mahanagar Telephone (MTNL) stock. Volume based technical analysis of Mahanagar Telephone (MTNL) stock is negative.
Mahanagar Telephone 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.
Click here for Mahanagar Telephone charts
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Daily charts
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