Homepage Active Options Active Stocks

Stock analysis MRF Limited MRF

More indepth analysis on MunafaSutra.com

Moving Averages for MRF Limited

  • 5Day Average: 135548.5
  • 12Day Average: 132823.47
  • 20Day Average: 131481.38
  • 50Day Average: 128873.14
  • 100Day Average: 131300.33
  • 150Day Average: 133547.6
  • 200Day Average: 128003.36

MRF Indicators & signals

Indicator MACD (12,26,9)

133592.76, 131372.12, 1397.1
Indicator MACD is in positive zone

Indicator ADX (14)

35.59, 22.26, 10.58
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
26 Fri Jul 2024 138870.35 136206.05 to 139322.95 0.93% 0.87 times
25 Thu Jul 2024 137590.10 134500.15 to 139995.00 0.23% 1.16 times
24 Wed Jul 2024 137272.65 130955.55 to 137876.00 3.99% 1.51 times
23 Tue Jul 2024 132004.70 126225.60 to 133736.05 0% 1.25 times
23 Tue Jul 2024 132004.70 126225.60 to 133736.05 0.79% 1.25 times
22 Mon Jul 2024 130974.50 126600.15 to 131560.00 2.23% 1.27 times
19 Fri Jul 2024 128123.55 127500.00 to 132250.00 -3.16% 1.21 times
18 Thu Jul 2024 132300.85 130786.00 to 133174.85 -0.66% 0.38 times
16 Tue Jul 2024 133181.60 131400.00 to 133480.00 1.46% 0.56 times
15 Mon Jul 2024 131261.85 130220.00 to 134350.00 1.21% 1.12 times
12 Fri Jul 2024 129690.90 129221.15 to 130999.95 -0.7% 0.28 times
11 Thu Jul 2024 130605.90 130280.00 to 131332.95 -0.2% 0.26 times

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

It appears as if MRF Limited MRF gave a large move recently.

Stock of MRF Limited (MRF) 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!

Although my analysis for MRF Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 138779.1, for a target of 135123 or 132076.29

More indepth analysis on MunafaSutra.com