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
02 Mon Mar 13.82 13.30 14.49 13.24
27 Fri Feb 14.30 14.49 14.80 14.00
26 Thu Feb 14.33 14.27 14.49 14.01
25 Wed Feb 14.35 14.90 14.98 14.22
24 Tue Feb 14.59 14.50 15.50 14.26

Stock of MEL closed at 13.82 and it opened at 13.30
It moved inside a range of 13.24 and 14.49

52 week High is 41.00 and 52 week Low is 11.99
Financial Year High is 13.82 and Low is 13.24
This year High is 16.47 and Low is 11.99

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 -0.3, which is -2.12% with investment starting at 14.12.
An investment of 100,000 bucks in MEL would have become 97880 bucks today.

MEL 538834 moves in a range of 0.4 points on a day to day basis. This means that a total of approx 0.4 plus points of returns can be expected in a bullish day, and a total of 0.4 minus points can be expected in a bearish day.
This is about 2.89% of returns per day.

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

Stock is 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 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 13.8 as stoploss in an intra day buy trade for a target of 14.25. However, stock will show a bearish move below 13.8.

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 02 Mon Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 9.4 HC: 4.9 LC: 4.4 OC: 9

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 27 Fri Feb 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 5.7 HC: 3.5 LC: 2.1 OC: 2.1

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 26 Thu Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 3.4 HC: 1.1 LC: 2.3 OC: 1.5

MEL is moving towards a high expiry

Candle stick analysis of MEL as on 25 Wed Feb 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 5.3 HC: 4.4 LC: 0.9 OC: 0.5

MEL is moving towards a low expiry

MEL is forming a DOJI candle

Candle stick analysis of MEL as on 24 Tue Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 8.7 HC: 6.2 LC: 2.3 OC: 6.9

MEL is moving towards a low expiry

MEL 538834 Weekly Analysis to buy or sell

As per my analysis of MEL 538834, 12 week returns for MEL 538834 have been negative, with total returns of -1.78, which is -11.41% with investment starting at 15.60.
An investment of 100,000 bucks in MEL would have become 88590 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 5.07% of returns per week.

Weekly Candle Stick analysis of MEL 538834

Candle stick analysis of MEL as on 02 Mon Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 9.4 HC: 4.9 LC: 4.4 OC: 9

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 27 Fri Feb 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 19.4 HC: 15.2 LC: 3.6 OC: 12.8

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 20 Fri Feb 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 10.2 HC: 6.3 LC: 3.6 OC: 3.4

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 13 Fri Feb 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 18.6 HC: 10.5 LC: 7.4 OC: 5.3

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 06 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 13.6 HC: 5.5 LC: 7.7 OC: 12.7

MEL is moving towards a high 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 -16.53, which is -54.46% with investment starting at 30.35.
An investment of 100,000 bucks in MEL would have become 45540 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 26.05% of returns per month.

Monthly Candle Stick analysis of MEL 538834

Candle stick analysis of MEL as on 02 Mon Mar 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 9.4 HC: 4.9 LC: 4.4 OC: 9

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 27 Fri Feb 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 25.3 HC: 15.2 LC: 8.8 OC: 21

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 30 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 33.3 HC: 14.2 LC: 16.7 OC: 6.5

MEL is moving towards a high expiry

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

Candle stick ratios of MEL are:
HL: 24.3 HC: 20.2 LC: 3.4 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

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