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Stock analysis Mishra Dhatu Nigam Ltd MIDHANI

More indepth analysis on MunafaSutra.com

Moving Averages for Mishra Dhatu Nigam Ltd

  • 5Day Average: 314.75
  • 12Day Average: 319.25
  • 20Day Average: 318.72
  • 50Day Average: 342.06
  • 100Day Average: 348.94
  • 150Day Average: 380.73
  • 200Day Average: 397.88

MIDHANI Indicators & signals

Indicator MACD (12,26,9)

316.46, 323.97, -6.93
Indicator MACD is in negative zone

Indicator ADX (14)

21.53, 20.73, 32.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MIDHANI Mishra Dhatu Nigam Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Tue Feb 2025 306.30 297.50 to 314.90 2.36% 6.53 times
03 Mon Feb 2025 299.25 295.40 to 307.20 -8.81% 2.03 times
31 Fri Jan 2025 328.15 317.35 to 331.70 2.5% 1.16 times
30 Thu Jan 2025 320.15 317.80 to 327.80 0.08% 0.83 times
29 Wed Jan 2025 319.90 303.10 to 325.40 4.97% 1.55 times
28 Tue Jan 2025 304.75 295.65 to 311.30 -0.73% 1.12 times
27 Mon Jan 2025 307.00 306.00 to 317.00 -4.23% 0.76 times
24 Fri Jan 2025 320.55 317.25 to 328.10 -1.48% 0.53 times
23 Thu Jan 2025 325.35 321.85 to 330.00 0.08% 0.52 times
22 Wed Jan 2025 325.10 316.50 to 332.45 -1.92% 0.87 times
21 Tue Jan 2025 331.45 330.10 to 345.10 -3.4% 0.64 times
20 Mon Jan 2025 343.10 341.25 to 348.60 0.72% 1.19 times

Technical analysis forecast for Mishra Dhatu Nigam Ltd 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 Mishra Dhatu Nigam Ltd MIDHANI at this time. Stock is falling and might fall more.

It appears as if Mishra Dhatu Nigam Ltd MIDHANI gave a large move recently.

Stock of Mishra Dhatu Nigam Ltd (MIDHANI) 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 Mishra Dhatu Nigam Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mishra Dhatu Nigam Ltd stays below 308.6, but if it comes above 308.6, then a intra day buy could be more profitable.
If you take a sell trade below 308.6, then use 308.6 as stoploss and 293.7 as target. However if you take a buy trade in Mishra Dhatu Nigam Ltd, then use 308.6 as stoploss and 320.96 as target.

More indepth analysis on MunafaSutra.com