Stock analysis MM Forgings Limited MMFL
More indepth analysis on MunafaSutra.com
Recent prices of MMFL MM Forgings Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
28 Fri Mar 2025 | 338.60 | 330.00 to 347.95 | 2.31% | 1.88 times |
27 Thu Mar 2025 | 330.95 | 330.00 to 339.85 | -1.4% | 0.8 times |
26 Wed Mar 2025 | 335.65 | 333.45 to 352.20 | -3.91% | 0.98 times |
25 Tue Mar 2025 | 349.30 | 347.10 to 363.90 | -3.05% | 0.65 times |
24 Mon Mar 2025 | 360.30 | 357.00 to 368.00 | 1.29% | 1.76 times |
21 Fri Mar 2025 | 355.70 | 348.55 to 367.30 | 1.83% | 2.54 times |
20 Thu Mar 2025 | 349.30 | 348.50 to 359.00 | -1.06% | 0.97 times |
19 Wed Mar 2025 | 353.05 | 351.60 to 364.00 | -0.9% | 0.74 times |
18 Tue Mar 2025 | 356.25 | 339.00 to 360.00 | 4.33% | 0.73 times |
17 Mon Mar 2025 | 341.45 | 336.60 to 358.00 | -2.39% | 0.41 times |
13 Thu Mar 2025 | 349.80 | 347.40 to 355.40 | -1.07% | 0.42 times |
12 Wed Mar 2025 | 353.60 | 350.00 to 362.10 | -1.5% | 0.46 times |
Technical analysis forecast for MM Forgings 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 MM Forgings Limited MMFL at this time. Stock is falling and might fall more.
It appears as if MM Forgings Limited MMFL gave a large move recently.
Stock of MM Forgings Limited (MMFL) 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 MM Forgings Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MM Forgings Limited stays below 339.7, but if it comes above 339.7, then a intra day buy could be more profitable.
If you take a sell trade below 339.7, then use 339.7 as stoploss and 325 as target. However if you take a buy trade in MM Forgings Limited, then use 339.7 as stoploss and 351.94 as target.