ebook Munafa Stock Market Course + Intraday & FNO calls  

       

Munafa technical analysis MEL 538834 technical analysis buy or sell

Munafa technical analysis MEL 538834 technical analysis buy or sell Analysis of MEL 538834 to buy or sell for Daily, weekly or monthly

Date Close Open High Low
05 Fri Dec 16.08 17.40 17.40 16.00
04 Thu Dec 16.54 17.40 17.40 16.42
03 Wed Dec 17.10 17.29 17.46 16.80
02 Tue Dec 17.29 17.90 17.90 16.85
01 Mon Dec 16.96 17.00 17.25 16.45

Stock of MEL closed at 16.08 and it opened at 17.40
It moved inside a range of 16.00 and 17.40

52 week High is 41.00 and 52 week Low is 13.60
Financial Year High is 41.00 and Low is 13.60
This year High is 41.00 and Low is 13.60

MEL 538834 Daily Analysis to buy or sell

As per my analysis of MEL 538834, 12 day returns for MEL 538834 have been negative, with total returns of -0.54, which is -3.25% with investment starting at 16.62.
An investment of 100,000 bucks in MEL would have become 96750 bucks today.

MEL 538834 moves in a range of 0.5 points on a day to day basis. This means that a total of approx 0.5 plus points of returns can be expected in a bullish day, and a total of 0.5 minus points can be expected in a bearish day.
This is about 3.11% of returns per day.

MEL Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MEL 538834 at this time.

It appears as if MEL 538834 gave a large move recently.

Stock of MEL (538834) 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 MEL is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15.8 as stoploss in an intra day buy trade for a target of 16.64. However, stock will show a bearish move below 15.8.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of MEL 538834

Candle stick analysis of MEL as on 05 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 8.8 HC: 8.2 LC: 0.5 OC: 0

MEL is moving towards a low expiry

MEL is forming a DOJI candle

Candle stick analysis of MEL as on 04 Thu Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 6 HC: 5.2 LC: 0.7 OC: 0

MEL is moving towards a low expiry

MEL is forming a DOJI candle

Candle stick analysis of MEL as on 03 Wed Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 3.9 HC: 2.1 LC: 1.8 OC: 1

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 02 Tue Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 6.2 HC: 3.5 LC: 2.6 OC: 0

MEL is moving towards a low expiry

MEL is forming a DOJI candle

Candle stick analysis of MEL as on 01 Mon Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 4.9 HC: 1.7 LC: 3.1 OC: 1.5

MEL is moving towards a high expiry

MEL 538834 Weekly Analysis to buy or sell

As per my analysis of MEL 538834, 12 week returns for MEL 538834 have been positive, with total returns of 1.4, which is 9.54% with investment starting at 14.68.
An investment of 100,000 bucks in MEL would have become 109540 bucks today.

MEL 538834 moves in a range of 0.7 points on a week to week basis. This means that a total of approx 0.7 plus points of returns can be expected in a bullish week, and a total of 0.7 minus points can be expected in a bearish week.
This is about 4.35% of returns per week.

Weekly Candle Stick analysis of MEL 538834

Candle stick analysis of MEL as on 05 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 11.9 HC: 11.3 LC: 0.5 OC: 5.3

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 28 Fri Nov 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 9.6 HC: 7.7 LC: 1.8 OC: 1.8

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 21 Fri Nov 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 15.7 HC: 12.6 LC: 2.8 OC: 10.3

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 14 Fri Nov 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 31.4 HC: 14.4 LC: 14.9 OC: 25.6

MEL is moving towards a high expiry

Candle stick analysis of MEL as on 07 Fri Nov 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 10 HC: 7.3 LC: 2.6 OC: 3.3

MEL is moving towards a low expiry

MEL 538834 Monthly Analysis to buy or sell

As per my analysis of MEL 538834, 12 month returns for MEL 538834 have been negative, with total returns of -10.81, which is -40.2% with investment starting at 26.89.
An investment of 100,000 bucks in MEL would have become 59800 bucks today.

MEL 538834 moves in a range of 3.6 points on a month to month basis. This means that a total of approx 3.6 plus points of returns can be expected in a bullish month, and a total of 3.6 minus points can be expected in a bearish month.
This is about 22.39% of returns per month.

Monthly Candle Stick analysis of MEL 538834

Candle stick analysis of MEL as on 05 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 11.9 HC: 11.3 LC: 0.5 OC: 5.3

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 28 Fri Nov 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 31.4 HC: 15.5 LC: 13.8 OC: 23.3

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 31 Fri Oct 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 27.1 HC: 19.5 LC: 6.4 OC: 15.6

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 26 Fri Sep 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 14 HC: 2.4 LC: 11.3 OC: 9.2

MEL is moving towards a high expiry

Candle stick analysis of MEL as on 29 Fri Aug 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 28.7 HC: 26 LC: 2.2 OC: 1.9

MEL is moving towards a low expiry

Videos related to: Munafa technical analysis MEL 538834 technical analysis buy or sell

Hindi Video Correct Way Of Technical Analysis How To Find Entry Exit Points On Charts

Hindi Basics How To Trade In FnO Futures Options Stock Market

Munafa technical analysis MEL 538834 technical analysis buy or sell

 

Back to top