Stock analysis Madhav Copper Limited MCL
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Recent prices of MCL Madhav Copper Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 39.50 | 38.55 to 41.95 | -1.99% | 0.21 times |
| 02 Thu May 2024 | 40.30 | 40.00 to 42.65 | -3.93% | 0.18 times |
| 30 Tue Apr 2024 | 41.95 | 41.10 to 44.85 | -2.56% | 0.28 times |
| 29 Mon Apr 2024 | 43.05 | 42.00 to 43.50 | 2.74% | 0.58 times |
| 26 Fri Apr 2024 | 41.90 | 41.65 to 42.90 | 0.48% | 0.26 times |
| 25 Thu Apr 2024 | 41.70 | 40.80 to 43.20 | 1.34% | 0.39 times |
| 24 Wed Apr 2024 | 41.15 | 40.00 to 43.05 | 0.37% | 1.03 times |
| 23 Tue Apr 2024 | 41.00 | 39.05 to 41.00 | -9.09% | 0.59 times |
| 10 Wed Jan 2024 | 45.10 | 45.10 to 45.75 | -4.95% | 0.57 times |
| 09 Tue Jan 2024 | 47.45 | 47.45 to 50.90 | -5.01% | 1.45 times |
| 08 Mon Jan 2024 | 49.95 | 46.55 to 50.05 | 9.78% | 4.67 times |
| 05 Fri Jan 2024 | 45.50 | 42.80 to 45.50 | 9.9% | 3.06 times |
Technical analysis forecast for Madhav Copper Limited 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 Madhav Copper Limited MCL at this time. Stock is falling and might fall more.
It appears as if Madhav Copper Limited MCL gave a large move recently.
Stock of Madhav Copper Limited (MCL) 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 Madhav Copper Limited is bearish for shortterm, and stock might move down till 36.6 or till 32.1. Use a stoploss of 40.37 and if the stock hits stoploss, then it can shoot up till 44.14