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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 2024-01-24 View latest technical analysis

10 day averaged volume of Mahaan Foods is 5747

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	43.71	44.33	45.49	43.00	0.395 times
23 Tue Jan 2024	44.33	44.40	45.88	42.63	0.643 times
22 Mon Jan 2024	42.64	43.52	45.00	42.05	0.613 times
19 Fri Jan 2024	43.52	43.00	44.99	41.56	0.636 times
18 Thu Jan 2024	41.67	43.00	43.00	41.50	0.168 times
17 Wed Jan 2024	43.00	42.00	47.50	41.50	0.799 times
16 Tue Jan 2024	43.68	44.91	46.98	43.00	1.392 times
15 Mon Jan 2024	44.91	43.45	46.90	41.00	2.916 times
12 Fri Jan 2024	42.57	41.85	43.75	39.51	0.832 times
11 Thu Jan 2024	41.86	39.00	42.70	38.10	1.627 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.3, but if it comes below 43.3, then a intra day sell could be more profitable.
If you take a sell trade below 43.3, then use 43.3 as stoploss and 40.67 as target. However if you take a buy trade in stock , then use 43.3 as stoploss and 46.5 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	42.05
Upside Target	43.75
Upside Target	45.88
Upside Target	47.50

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Intraday Target	41.88
Downside Intraday Target	40.05
Upside Intraday Target	45.71
Upside Intraday Target	47.71
Upside Intraday Target	43.88

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	43.71	43.52	45.88	42.05	0.279 times
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

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mahaan Foods (MahaanFoods)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	43.71	37.90	47.50	36.66	1.706 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahaan Foods in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.53 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.