Stock analysis Mahanagar Telephone Nigam Limited MTNL
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Recent prices of MTNL Mahanagar Telephone Nigam Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 45.13 | 44.89 to 47.77 | -4.28% | 0.77 times |
| 09 Thu Jan 2025 | 47.15 | 46.90 to 49.45 | -3.68% | 0.73 times |
| 08 Wed Jan 2025 | 48.95 | 48.31 to 49.85 | -1.09% | 0.57 times |
| 07 Tue Jan 2025 | 49.49 | 48.01 to 50.14 | 2.55% | 1.04 times |
| 06 Mon Jan 2025 | 48.26 | 47.50 to 51.84 | -6.51% | 1.46 times |
| 03 Fri Jan 2025 | 51.62 | 50.90 to 53.41 | 1.26% | 1.56 times |
| 02 Thu Jan 2025 | 50.98 | 50.55 to 51.62 | -0.68% | 0.67 times |
| 01 Wed Jan 2025 | 51.33 | 49.35 to 52.45 | 1.95% | 1.07 times |
| 31 Tue Dec 2024 | 50.35 | 48.51 to 51.20 | 3.45% | 1.21 times |
| 30 Mon Dec 2024 | 48.67 | 48.50 to 50.49 | -2.91% | 0.89 times |
| 27 Fri Dec 2024 | 50.13 | 49.91 to 51.48 | -0.89% | 0.81 times |
| 26 Thu Dec 2024 | 50.58 | 49.95 to 52.70 | -3.6% | 0.77 times |
Technical analysis forecast for Mahanagar Telephone Nigam 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 Mahanagar Telephone Nigam Limited MTNL at this time. Stock is falling and might fall more.
It appears as if Mahanagar Telephone Nigam Limited MTNL gave a large move recently.
Stock of Mahanagar Telephone Nigam Limited (MTNL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Mahanagar Telephone Nigam Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mahanagar Telephone Nigam Limited stays below 47.2, but if it comes above 47.2, then a intra day buy could be more profitable.
If you take a sell trade below 47.2, then use 47.2 as stoploss and 43.6 as target. However if you take a buy trade in Mahanagar Telephone Nigam Limited, then use 47.2 as stoploss and 50.13 as target.