(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)
10 day averaged volume of Mahanagar Telephone is 2728428
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 43.94 | 44.12 | 45.69 | 43.35 | 0.8 times |
| 18 Mon Nov 2024 | 44.16 | 43.26 | 45.34 | 42.23 | 1.041 times |
| 14 Thu Nov 2024 | 44.33 | 43.82 | 45.09 | 43.40 | 0.946 times |
| 13 Wed Nov 2024 | 44.03 | 46.44 | 46.90 | 43.70 | 1.31 times |
| 12 Tue Nov 2024 | 47.31 | 48.72 | 50.20 | 46.25 | 1.033 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 43.1, for a target of 45.6 or 47.74
Share price targets for Mahanagar Telephone (MTNL)
| Target Type | Value |
| Downside Target | 39.90 |
| Downside Target | 42.23 |
| Downside Target | 43.40 |
| Upside Target | 45.32 |
| Upside Target | 47.53 |
| Upside Target | 49.51 |
| Upside Target | 51.56 |
| Upside Target | 51.94 |
| Upside Target | 56.96 |
| Upside Target | 59.00 |
| Upside Target | 60.80 |
| Upside Target | 81.56 |
| Upside Target | 101.93 |
Intraday share price targets for Mahanagar Telephone (MTNL)
| Target Type | Value |
| Downside Intraday Target | 42.22 |
| Downside Intraday Target | 40.49 |
| Upside Intraday Target | 45.68 |
| Upside Intraday Target | 47.41 |
| Upside Intraday Target | 43.95 |
Weekly technical analysis of Mahanagar Telephone (MTNL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 43.94 | 43.26 | 45.69 | 42.23 | 0.44 times |
| 14 Thu Nov 2024 | 44.33 | 48.70 | 50.25 | 43.40 | 0.926 times |
| 08 Fri Nov 2024 | 48.57 | 49.09 | 51.94 | 47.53 | 2.77 times |
| 01 Fri Nov 2024 | 48.99 | 47.70 | 49.69 | 47.69 | 0.582 times |
| 30 Wed Oct 2024 | 48.47 | 47.00 | 49.51 | 46.12 | 0.306 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 Mahanagar Telephone (MTNL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 43.94 | 48.93 | 51.94 | 42.23 | 0.265 times |
| 31 Thu Oct 2024 | 48.59 | 52.00 | 59.00 | 45.32 | 1.392 times |
| 30 Mon Sep 2024 | 52.05 | 60.60 | 60.80 | 51.56 | 0.193 times |
| 30 Fri Aug 2024 | 60.32 | 80.00 | 81.56 | 56.96 | 0.53 times |
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 Mahanagar Telephone (MTNL)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 29, 43 | Sell |
| MACD | -4, -3 | Sell |
| Stochastics | 16 | Sell |
| CCI | -84 | Buy |
| RSI | 52 | Buy |
| OBV | -1394866 | Sell |
| VWAP | 47 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mahanagar Telephone ( (MTNL) ) based on a short 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 Mahanagar Telephone ( (MTNL) ) based on a short 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 Mahanagar Telephone ( (MTNL) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mahanagar Telephone in short term and the sell signal is strong.
Mahanagar Telephone Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mahanagar Telephone in short term but BUY 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
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 47.09 and Mahanagar Telephone (MTNL) 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 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.
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