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Stock analysis Mittal Life Style Limited MITTAL

More indepth analysis on MunafaSutra.com

Moving Averages for Mittal Life Style Limited

  • 5Day Average: 2.78
  • 12Day Average: 2.53
  • 20Day Average: 2.42
  • 50Day Average: 2.21
  • 100Day Average: 5.85
  • 150Day Average: 7.53
  • 200Day Average: 8.69

MITTAL Indicators & signals

Indicator MACD (12,26,9)

2.59, 2.48, 0.05
Indicator MACD is in positive zone

Indicator ADX (14)

0, 37.5, 37.5
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 29
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of MITTAL Mittal Life Style Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Wed Feb 2024 2.75 2.45 to 2.80 1.85% 0.62 times
13 Tue Feb 2024 2.70 2.65 to 3.20 -11.48% 0.94 times
12 Mon Feb 2024 3.05 2.80 to 3.25 10.91% 1.77 times
09 Fri Feb 2024 2.75 2.50 to 2.85 3.77% 0.73 times
08 Thu Feb 2024 2.65 2.45 to 2.95 -1.85% 1.48 times
07 Wed Feb 2024 2.70 2.25 to 2.70 20% 2.94 times
06 Tue Feb 2024 2.25 2.20 to 2.35 -2.17% 0.51 times
05 Mon Feb 2024 2.30 2.20 to 2.30 2.22% 0.29 times
02 Fri Feb 2024 2.25 2.25 to 2.40 -4.26% 0.4 times
01 Thu Feb 2024 2.35 2.30 to 2.40 2.17% 0.62 times
31 Wed Jan 2024 2.30 2.30 to 2.35 -2.13% 0.31 times
30 Tue Jan 2024 2.35 2.25 to 2.40 0% 0.82 times

Technical analysis forecast of Mittal Life Style 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 Mittal Life Style Limited MITTAL at this time. Stock is rising and might rise more.

It appears as if Mittal Life Style Limited MITTAL gave a large move recently.

Stock of Mittal Life Style Limited (MITTAL) 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 Mittal Life Style Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mittal Life Style Limited stays above 2.7, but if it comes below 2.7, then a intra day sell could be more profitable.
If you take a sell trade below 2.7, then use 2.7 as stoploss and 2.49 as target. However if you take a buy trade in Mittal Life Style Limited, then use 2.7 as stoploss and 3 as target.

More indepth analysis on MunafaSutra.com