Stock analysis Mahanagar Telephone Nigam Limited MTNL
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Recent prices of MTNL Mahanagar Telephone Nigam Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Fri Jul 2024 | 97.08 | 97.08 to 97.08 | 5% | 0.02 times |
| 25 Thu Jul 2024 | 92.46 | 89.46 to 92.46 | 5% | 0.21 times |
| 24 Wed Jul 2024 | 88.06 | 86.30 to 88.06 | 5% | 0.09 times |
| 23 Tue Jul 2024 | 83.87 | 70.25 to 83.87 | 0% | 1.45 times |
| 23 Tue Jul 2024 | 83.87 | 70.25 to 83.87 | 9.99% | 1.45 times |
| 22 Mon Jul 2024 | 76.25 | 70.40 to 76.25 | 10% | 0.83 times |
| 19 Fri Jul 2024 | 69.32 | 65.40 to 70.48 | 8.18% | 1.65 times |
| 18 Thu Jul 2024 | 64.08 | 54.52 to 64.08 | 20% | 1.7 times |
| 16 Tue Jul 2024 | 53.40 | 50.02 to 55.73 | 9.11% | 1.06 times |
| 15 Mon Jul 2024 | 48.94 | 46.13 to 52.50 | 5.95% | 1.05 times |
| 12 Fri Jul 2024 | 46.19 | 42.24 to 47.90 | 9.17% | 0.52 times |
| 11 Thu Jul 2024 | 42.31 | 41.78 to 43.50 | 1.22% | 0.06 times |
Technical analysis forecast of Mahanagar Telephone Nigam 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 Mahanagar Telephone Nigam Limited MTNL at this time. Stock is rising and might rise more.
It appears as if Mahanagar Telephone Nigam Limited MTNL gave a large move recently.
Stock of Mahanagar Telephone Nigam Limited (MTNL) 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 Mahanagar Telephone Nigam Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mahanagar Telephone Nigam Limited stays above 86.1, but if it comes below 86.1, then a intra day sell could be more profitable.
If you take a sell trade below 86.1, then use 86.1 as stoploss and 65.92 as target. However if you take a buy trade in Mahanagar Telephone Nigam Limited, then use 86.1 as stoploss and 110.4 as target.