(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 2024-04-26 View latest technical analysis
10 day averaged volume of Mahanagar Telephone is 3014642
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 37.55 | 37.65 | 38.30 | 36.95 | 0.92 times |
25 Thu Apr 2024 | 37.45 | 37.25 | 38.00 | 36.80 | 0.697 times |
24 Wed Apr 2024 | 37.25 | 38.35 | 38.60 | 36.95 | 0.822 times |
23 Tue Apr 2024 | 37.95 | 36.30 | 39.70 | 35.85 | 3.272 times |
22 Mon Apr 2024 | 36.10 | 35.45 | 36.35 | 35.30 | 0.658 times |
19 Fri Apr 2024 | 35.05 | 34.95 | 35.45 | 34.20 | 0.627 times |
18 Thu Apr 2024 | 35.75 | 35.00 | 36.90 | 35.00 | 0.814 times |
16 Tue Apr 2024 | 34.80 | 34.60 | 36.40 | 34.30 | 1.168 times |
15 Mon Apr 2024 | 35.20 | 35.95 | 36.20 | 34.30 | 0.638 times |
12 Fri Apr 2024 | 36.65 | 37.40 | 38.10 | 36.45 | 0.562 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38.2 as stoploss in an intra day sell trade for a target of 36.46. However, stock will show a bullish move above 38.2.
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 | 34.20 |
Downside Target | 35.10 |
Upside Target | 39.70 |
Upside Target | 39.90 |
Upside Target | 40.75 |
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 | 35.33 |
Downside Intraday Target | 33.12 |
Upside Intraday Target | 39.73 |
Upside Intraday Target | 41.92 |
Downside Intraday Target | 37.52 |
Weekly technical analysis of Mahanagar Telephone (MTNL)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 37.55 | 35.45 | 39.70 | 35.30 | 1.962 times |
19 Fri Apr 2024 | 35.05 | 35.95 | 36.90 | 34.20 | 0.744 times |
12 Fri Apr 2024 | 36.65 | 39.75 | 40.75 | 36.45 | 0.626 times |
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 |
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 |
26 Fri Apr 2024 | 37.55 | 33.45 | 40.75 | 33.25 | 0.973 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing 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 36.74 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 falling down
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 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.
Price action analysis of Mahanagar Telephone ( (MTNL) ) 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing 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 36.74 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 falling down
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 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.
Click here for Mahanagar Telephone charts
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Daily charts
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