Stock analysis Mukka Proteins Limited MUKKA
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Technical analysis forecast for Mukka Proteins Limited 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 Mukka Proteins Limited MUKKA at this time. Stock is falling and might fall more.
It appears as if Mukka Proteins Limited MUKKA gave a large move recently.
Stock of Mukka Proteins Limited (MUKKA) 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 Mukka Proteins Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.6 as stoploss in an intra day buy trade for a target of 37.62. However, stock will show a bearish move below 36.6.
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