Stock analysis Meghmani Finechem Limited MFL
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Recent prices of MFL Meghmani Finechem Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
08 Fri Sep 2023 | 1063.85 | 1057.50 to 1119.95 | -1.84% | 0.55 times |
07 Thu Sep 2023 | 1083.80 | 1033.00 to 1108.00 | 4.22% | 1.26 times |
06 Wed Sep 2023 | 1039.95 | 1023.00 to 1045.00 | 1.3% | 0.29 times |
05 Tue Sep 2023 | 1026.60 | 1021.00 to 1048.95 | -0.47% | 0.25 times |
04 Mon Sep 2023 | 1031.40 | 1006.35 to 1052.85 | 2.74% | 0.6 times |
01 Fri Sep 2023 | 1003.85 | 996.00 to 1026.70 | -0.21% | 0.29 times |
31 Thu Aug 2023 | 1005.95 | 987.55 to 1036.60 | -2.01% | 0.55 times |
30 Wed Aug 2023 | 1026.55 | 1000.05 to 1052.00 | 3.35% | 2.1 times |
29 Tue Aug 2023 | 993.25 | 887.00 to 1006.90 | 12.15% | 4.39 times |
28 Mon Aug 2023 | 885.65 | 884.05 to 900.00 | 0.06% | 0.14 times |
25 Fri Aug 2023 | 885.15 | 880.00 to 895.00 | 0.06% | 0.12 times |
24 Thu Aug 2023 | 884.65 | 881.00 to 899.95 | -0.43% | 0.16 times |
Technical analysis forecast of Meghmani Finechem Limited 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 Meghmani Finechem Limited MFL at this time. Stock is rising and might rise more.
It appears as if Meghmani Finechem Limited MFL gave a large move recently.
Stock of Meghmani Finechem Limited (MFL) 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 Meghmani Finechem Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Meghmani Finechem Limited stays above 1057.4, but if it comes below 1057.4, then a intra day sell could be more profitable.
If you take a sell trade below 1057.4, then use 1057.4 as stoploss and 985.95 as target. However if you take a buy trade in Meghmani Finechem Limited, then use 1057.4 as stoploss and 1143.2 as target.