Mel (538834) Technical (Analysis) Reports Mel ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Mel (538834)
Technical Analysis Report for BSE stock 538834 Mel. Dated: 05 Dec 2025 Updated Daily. Stock trades in BSE stock exchange
If you are looking for Tomorrow's Movement Predictions for BSE stock 538834 Mel then click here. or read Experts views on Mel or Forecast & share price targets of Mel
Mel Opened at 17.40 and Closed at: 16.08, which is -2.86% of previous session's close. It moved within a range of 16.00 and 17.40
The session was a Bearish session with an average volume of 17302, which is -1.4% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
Support for tomorrow is 15.34 and resistance for tomorrow is 16.74
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 15.59, 15.09 resistance for tomorrow's hourly charts is 16.99, 17.89
10 Day SMA for Mel (538834) is 16.73 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Mel (538834) is 16.64 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Mel (538834) is 15.66 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 15.82 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Mel is 21.7 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Mel is at 16.64 and 200 DMA is at 21.7, while 50 DMA and 100 DMA are at 15.66 and 15.82 respectively
Mel (538834) moving average of 20 SMA is at 16.64 and 20 EMA is at 16.45
| Date | Closing Price | 20 SMA | 20 EMA |
| 05 Fri Dec | 16.08 | 16.64 | 16.45 |
| 04 Thu Dec | 16.54 | 16.57 | 16.49 |
| 03 Wed Dec | 17.10 | 16.51 | 16.49 |
| 02 Tue Dec | 17.29 | 16.39 | 16.43 |
| 01 Mon Dec | 16.96 | 16.26 | 16.34 |
| 28 Fri Nov | 16.44 | 16.15 | 16.27 |
Mel (538834) moving average of 50 SMA is at 15.66 and 50 EMA is at 16.25
| Date | Closing Price | 50 SMA | 50 EMA |
| 05 Fri Dec | 16.08 | 15.66 | 16.25 |
| 04 Thu Dec | 16.54 | 15.64 | 16.26 |
| 03 Wed Dec | 17.10 | 15.6 | 16.25 |
| 02 Tue Dec | 17.29 | 15.56 | 16.22 |
| 01 Mon Dec | 16.96 | 15.51 | 16.18 |
| 28 Fri Nov | 16.44 | 15.47 | 16.15 |
Mel (538834) moving average of 100 SMA is at 15.82 and 100 EMA is at 17.61
| Date | Closing Price | 100 SMA | 100 EMA |
| 05 Fri Dec | 16.08 | 15.82 | 17.61 |
| 04 Thu Dec | 16.54 | 16.04 | 17.64 |
| 03 Wed Dec | 17.10 | 16.26 | 17.66 |
| 02 Tue Dec | 17.29 | 16.47 | 17.67 |
| 01 Mon Dec | 16.96 | 16.66 | 17.68 |
| 28 Fri Nov | 16.44 | 16.85 | 17.69 |
Mel (538834) moving average of 200 SMA is at 21.7 and 200 EMA is at 20.1
| Date | Closing Price | 200 SMA | 200 EMA |
| 05 Fri Dec | 16.08 | 21.7 | 20.1 |
| 04 Thu Dec | 16.54 | 21.75 | 20.14 |
| 03 Wed Dec | 17.10 | 21.8 | 20.18 |
| 02 Tue Dec | 17.29 | 21.85 | 20.21 |
| 01 Mon Dec | 16.96 | 21.89 | 20.24 |
| 28 Fri Nov | 16.44 | 21.94 | 20.27 |
Mel Technical analysis of indicators
Price action analysis of Mel (538834) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Mel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.76 and Mel 538834 stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mel 538834 stock. Volume based technical analysis of Mel 538834 stock is negative.
Mel Stock has given negative 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for BSE stock 538834 Mel These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And 538834 Experts View which covers a lot of information including buying and selling signals
538834 future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Mel or View Candle Stick Charts here
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