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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 2024-01-30 View latest technical analysis

10 day averaged volume of Mahaan Foods is 4879

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	45.90	45.60	48.50	44.05	0.633 times
29 Mon Jan 2024	45.60	47.25	47.25	44.05	0.619 times
25 Thu Jan 2024	45.80	43.00	45.80	43.00	0.474 times
24 Wed Jan 2024	43.71	44.33	45.49	43.00	0.465 times
23 Tue Jan 2024	44.33	44.40	45.88	42.63	0.758 times
22 Mon Jan 2024	42.64	43.52	45.00	42.05	0.722 times
19 Fri Jan 2024	43.52	43.00	44.99	41.56	0.75 times
18 Thu Jan 2024	41.67	43.00	43.00	41.50	0.198 times
17 Wed Jan 2024	43.00	42.00	47.50	41.50	0.942 times
16 Tue Jan 2024	43.68	44.91	46.98	43.00	1.64 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.7, but if it comes below 44.7, then a intra day sell could be more profitable.
If you take a sell trade below 44.7, then use 44.7 as stoploss and 41.94 as target. However if you take a buy trade in stock , then use 44.7 as stoploss and 48 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	40.00
Downside Target	42.05
Downside Target	43.75
Downside Target	45.88
Upside Target	47.50
Upside Target	48.50

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Intraday Target	43.8
Downside Intraday Target	41.7
Upside Intraday Target	48.25
Upside Intraday Target	50.6
Upside Intraday Target	46.15

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	45.90	47.25	48.50	44.05	0.518 times
25 Thu Jan 2024	45.80	43.52	45.88	42.05	0.347 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

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
30 Tue Jan 2024	45.90	37.90	48.50	36.66	1.871 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but buying is losing 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 43.99 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 falling down

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.