Stock analysis Mahindra & Mahindra Limited MnM
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Recent prices of MnM Mahindra & Mahindra Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
21 Mon Oct 2024 | 2998.20 | 2892.90 to 3001.40 | 1.15% | 1.74 times |
18 Fri Oct 2024 | 2964.25 | 2914.70 to 2988.85 | -0.01% | 1.17 times |
17 Thu Oct 2024 | 2964.60 | 2952.20 to 3065.30 | -3.37% | 1.25 times |
16 Wed Oct 2024 | 3068.00 | 3052.15 to 3147.90 | -2.78% | 0.68 times |
15 Tue Oct 2024 | 3155.80 | 3086.55 to 3192.95 | 0.03% | 0.77 times |
14 Mon Oct 2024 | 3154.90 | 3115.00 to 3174.00 | 0.66% | 0.83 times |
11 Fri Oct 2024 | 3134.35 | 3121.00 to 3210.50 | -1.88% | 0.57 times |
10 Thu Oct 2024 | 3194.30 | 3155.00 to 3220.30 | 1.31% | 0.86 times |
09 Wed Oct 2024 | 3153.00 | 3145.00 to 3204.30 | -0.41% | 0.84 times |
08 Tue Oct 2024 | 3165.85 | 3066.00 to 3176.90 | 3.45% | 2.09 times |
07 Mon Oct 2024 | 3060.20 | 2982.90 to 3066.95 | 1.42% | 0.94 times |
04 Fri Oct 2024 | 3017.45 | 3009.50 to 3157.60 | -3.59% | 1.47 times |
Technical analysis forecast for Mahindra & Mahindra 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 Mahindra & Mahindra Limited MnM at this time. Stock is falling and might fall more.
It appears as if Mahindra & Mahindra Limited MnM gave a large move recently.
Stock of Mahindra & Mahindra Limited (MnM) 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 Mahindra & Mahindra Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2968.7 as stoploss in an intra day buy trade for a target of 3040.1. However, stock will show a bearish move below 2968.7.