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(MahaanFoods) Mahaan Foods complete technical analysis [charts+indicators] | Buy/Sell Mahaan Foods | (MahaanFoods) share price targets

Complete technical analysis of Mahaan Foods (MahaanFoods) by charts plus indicators, forecast predictions and share price targets for Mahaan Foods (MahaanFoods)

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of Mahaan Foods is 5372

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	43.52	43.00	44.99	41.56	0.681 times
18 Thu Jan 2024	41.67	43.00	43.00	41.50	0.179 times
17 Wed Jan 2024	43.00	42.00	47.50	41.50	0.855 times
16 Tue Jan 2024	43.68	44.91	46.98	43.00	1.489 times
15 Mon Jan 2024	44.91	43.45	46.90	41.00	3.119 times
12 Fri Jan 2024	42.57	41.85	43.75	39.51	0.89 times
11 Thu Jan 2024	41.86	39.00	42.70	38.10	1.74 times
10 Wed Jan 2024	39.00	38.40	39.55	38.40	0.401 times
09 Tue Jan 2024	38.17	39.20	39.20	38.00	0.827 times
08 Mon Jan 2024	38.10	39.55	39.55	38.00	0.099 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.3, but if it comes below 42.3, then a intra day sell could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 39.84 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 45.3 as target.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Target	26.50
Downside Target	27.50
Downside Target	28.10
Downside Target	30.00
Downside Target	32.50
Downside Target	34.85
Downside Target	35.95
Downside Target	38.00
Downside Target	39.50
Downside Target	40.40
Downside Target	41.00
Upside Target	43.75
Upside Target	47.50

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Intraday Target	40.51
Downside Intraday Target	37.51
Upside Intraday Target	47.01
Upside Intraday Target	50.51
Upside Intraday Target	44.01

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	43.52	43.45	47.50	41.00	1.598 times
12 Fri Jan 2024	42.57	39.55	43.75	38.00	0.957 times
05 Fri Jan 2024	38.59	37.90	40.00	36.66	3.773 times
29 Fri Dec 2023	37.57	38.00	39.50	36.00	1.041 times
22 Fri Dec 2023	38.49	40.00	40.00	36.00	0.346 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahaan Foods (MahaanFoods)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	43.52	37.90	47.50	36.66	1.519 times
29 Fri Dec 2023	37.57	33.00	40.40	32.50	0.793 times
30 Thu Nov 2023	34.04	31.90	35.95	28.10	1.259 times
31 Tue Oct 2023	31.11	28.04	34.85	27.50	0.542 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mahaan Foods (MahaanFoods)

Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mahaan Foods stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mahaan Foods in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahaan Foods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mahaan Foods in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mahaan Foods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.87 and Mahaan Foods (MahaanFoods) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mahaan Foods (MahaanFoods) stock. Volume based technical analysis of Mahaan Foods (MahaanFoods) stock is negative.

Mahaan Foods Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.