Stock analysis Mangalam Global Ent Ltd MGEL
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Recent prices of MGEL Mangalam Global Ent Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 16 Tue Jul 2024 | 29.14 | 28.00 to 30.43 | 3.59% | 0.54 times |
| 15 Mon Jul 2024 | 28.13 | 27.57 to 29.23 | -3.07% | 0.14 times |
| 12 Fri Jul 2024 | 29.02 | 28.92 to 31.29 | -5.29% | 0.25 times |
| 11 Thu Jul 2024 | 30.64 | 27.13 to 32.00 | 12.4% | 0.81 times |
| 10 Wed Jul 2024 | 27.26 | 24.15 to 28.20 | -2.47% | 0.36 times |
| 09 Tue Jul 2024 | 27.95 | 27.56 to 29.26 | -0.78% | 0.31 times |
| 08 Mon Jul 2024 | 28.17 | 27.25 to 29.64 | 4.22% | 1.17 times |
| 05 Fri Jul 2024 | 27.03 | 26.40 to 29.30 | 2.62% | 2.21 times |
| 04 Thu Jul 2024 | 26.34 | 22.09 to 26.34 | 20% | 2.78 times |
| 03 Wed Jul 2024 | 21.95 | 20.80 to 22.30 | 2.95% | 0.37 times |
| 02 Tue Jul 2024 | 21.32 | 20.25 to 22.50 | 1.52% | 1.59 times |
| 01 Mon Jul 2024 | 21.00 | 20.73 to 22.70 | -6.08% | 0.33 times |
Technical analysis forecast of Mangalam Global Ent Ltd 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 Mangalam Global Ent Ltd MGEL at this time. Stock is rising and might rise more.
It appears as if Mangalam Global Ent Ltd MGEL gave a large move recently.
Stock of Mangalam Global Ent Ltd (MGEL) 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 Mangalam Global Ent Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mangalam Global Ent Ltd stays above 29.1, but if it comes below 29.1, then a intra day sell could be more profitable.
If you take a sell trade below 29.1, then use 29.1 as stoploss and 25.54 as target. However if you take a buy trade in Mangalam Global Ent Ltd, then use 29.1 as stoploss and 33.3 as target.