Homepage Active Options Active Stocks

Stock analysis Meghmani Organics Limited MOL

More indepth analysis on MunafaSutra.com

Moving Averages for Meghmani Organics Limited

  • 5Day Average: 87.66
  • 12Day Average: 86.84
  • 20Day Average: 85.17
  • 50Day Average: 86.71
  • 100Day Average: 84.32
  • 150Day Average: 81.88
  • 200Day Average: 82.23

MOL Indicators & signals

Indicator MACD (12,26,9)

86.92, 86.11, 0.21
Indicator MACD is in positive zone

Indicator ADX (14)

27.04, 25.44, 14.61
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MOL Meghmani Organics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 90.15 87.50 to 92.70 3.15% 2.16 times
23 Tue Apr 2024 87.40 86.60 to 88.45 -0.51% 0.65 times
22 Mon Apr 2024 87.85 87.00 to 89.50 -0.4% 0.77 times
19 Fri Apr 2024 88.20 82.75 to 90.50 4.13% 1.9 times
18 Thu Apr 2024 84.70 84.10 to 87.70 -1.74% 0.51 times
16 Tue Apr 2024 86.20 85.50 to 88.15 -0.52% 0.78 times
15 Mon Apr 2024 86.65 84.60 to 88.00 -2.48% 1.5 times
12 Fri Apr 2024 88.85 86.20 to 89.45 1.78% 1.55 times
10 Wed Apr 2024 87.30 82.85 to 88.10 4.86% 1.29 times
09 Tue Apr 2024 83.25 82.70 to 85.10 -1.83% 0.54 times
08 Mon Apr 2024 84.80 84.30 to 87.30 -2.19% 0.52 times
05 Fri Apr 2024 86.70 84.60 to 87.25 0.93% 0.6 times

Technical analysis forecast of Meghmani Organics 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 Organics Limited MOL at this time. Stock is rising and might rise more.

It appears as if Meghmani Organics Limited MOL gave a large move recently.

Stock of Meghmani Organics Limited (MOL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Meghmani Organics Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Meghmani Organics Limited stays above 89.4, but if it comes below 89.4, then a intra day sell could be more profitable.
If you take a sell trade below 89.4, then use 89.4 as stoploss and 86.28 as target. However if you take a buy trade in Meghmani Organics Limited, then use 89.4 as stoploss and 93.2 as target.

More indepth analysis on MunafaSutra.com