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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: 144.77
  • 12Day Average: 144.49
  • 20Day Average: 141.56
  • 50Day Average: 140.13

MANCREDIT Indicators & signals

Indicator MACD (12,26,9)

143.95, 142.2, 1.25
Indicator MACD is in positive zone

Indicator ADX (14)

24.78, 21.93, 13.22
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
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
19 Tue Nov 2024 147.30 145.25 to 154.00 1.72% 1.41 times
18 Mon Nov 2024 144.81 143.02 to 148.00 0.42% 0.94 times
14 Thu Nov 2024 144.20 143.02 to 149.00 0.1% 1.17 times
13 Wed Nov 2024 144.05 140.87 to 145.58 0.38% 0.9 times
12 Tue Nov 2024 143.50 141.35 to 146.40 -1.78% 0.73 times
11 Mon Nov 2024 146.10 142.49 to 150.00 0.7% 0.96 times
08 Fri Nov 2024 145.09 134.15 to 148.44 1.02% 2.1 times
07 Thu Nov 2024 143.62 142.05 to 153.00 -2.57% 1 times
06 Wed Nov 2024 147.41 141.62 to 149.80 2.6% 0.69 times
05 Tue Nov 2024 143.67 140.02 to 146.00 1.13% 0.93 times
04 Mon Nov 2024 142.07 139.71 to 144.01 -0.03% 0.59 times
01 Fri Nov 2024 142.11 140.85 to 143.25 1.08% 0.46 times

Technical analysis forecast of Mangal Credit N Fincorp L Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mangal Credit N Fincorp L MANCREDIT at this time. Stock is rising and might rise 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 above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Mangal Credit N Fincorp L is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mangal Credit N Fincorp L stays above 146.7, but if it comes below 146.7, then a intra day sell could be more profitable.
If you take a sell trade below 146.7, then use 146.7 as stoploss and 142.72 as target. However if you take a buy trade in Mangal Credit N Fincorp L, then use 146.7 as stoploss and 151.6 as target.

More indepth analysis on MunafaSutra.com