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Stock analysis Mangal Credit N Fincorp L MANCREDIT

More indepth analysis on MunafaSutra.com

Moving Averages for Mangal Credit N Fincorp L

  • 5Day Average: 159.24
  • 12Day Average: 159.21
  • 20Day Average: 161.35
  • 50Day Average: 161.76
  • 100Day Average: 161.05
  • 150Day Average: 154.92

MANCREDIT Indicators & signals

Indicator MACD (12,26,9)

159.64, 160.56, -0.83
Indicator MACD is in negative zone

Indicator ADX (14)

24.76, 10.87, 18.02
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANCREDIT Mangal Credit N Fincorp L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Wed May 2025 157.53 156.52 to 161.61 -2% 0.92 times
13 Tue May 2025 160.75 156.34 to 162.00 -0.61% 0.86 times
12 Mon May 2025 161.74 151.71 to 162.08 2.93% 1.7 times
09 Fri May 2025 157.14 156.02 to 162.00 -1.18% 0.59 times
08 Thu May 2025 159.02 158.25 to 161.70 -1.63% 0.64 times
07 Wed May 2025 161.66 153.49 to 163.00 3.07% 1.96 times
06 Tue May 2025 156.84 152.26 to 160.25 -0.73% 0.94 times
05 Mon May 2025 157.99 157.55 to 160.21 0.57% 0.75 times
02 Fri May 2025 157.09 156.51 to 162.90 -2.12% 0.78 times
30 Wed Apr 2025 160.50 158.94 to 161.50 0.7% 0.91 times
29 Tue Apr 2025 159.39 157.94 to 161.50 -0.94% 0.86 times
28 Mon Apr 2025 160.90 156.24 to 161.80 1.96% 0.88 times

Technical analysis forecast for Mangal Credit N Fincorp L Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mangal Credit N Fincorp L MANCREDIT at this time. Stock is falling and might fall more.

It appears as if Mangal Credit N Fincorp L MANCREDIT gave a large move recently.

Stock of Mangal Credit N Fincorp L (MANCREDIT) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Mangal Credit N Fincorp L is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 156.4 as stoploss in an intra day buy trade for a target of 160.22. However, stock will show a bearish move below 156.4.

More indepth analysis on MunafaSutra.com