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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

Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis

Date Close Open High Low
26 Fri Dec 14.89 14.90 15.68 14.52
24 Wed Dec 15.27 15.15 16.23 14.50
23 Tue Dec 15.78 15.99 15.99 15.26
22 Mon Dec 15.62 15.10 15.90 15.10
19 Fri Dec 15.60 15.79 15.79 14.75

Stock of MEL closed at 14.89 and it opened at 14.90
It moved inside a range of 14.52 and 15.68

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 -0.42, which is -2.74% with investment starting at 15.31.
An investment of 100,000 bucks in MEL would have become 97260 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 2.69% 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, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

My analysis of MEL is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MEL stays below 15, but if it comes above 15, then a intra day buy could be more profitable.
If you take a sell trade below 15, then use 15 as stoploss and 14.1 as target. However if you take a buy trade in MEL, then use 15 as stoploss and 15.75 as target.

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 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: 8 HC: 5.3 LC: 2.6 OC: 5.2

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 24 Wed Dec 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 11.9 HC: 6.3 LC: 5.3 OC: 7.1

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 23 Tue Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 4.8 HC: 1.3 LC: 3.4 OC: 0

MEL is moving towards a high expiry

MEL is forming a DOJI candle

Candle stick analysis of MEL as on 22 Mon Dec 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of MEL are:
HL: 5.3 HC: 1.8 LC: 3.4 OC: 5.3

MEL is moving towards a high expiry

Candle stick analysis of MEL as on 19 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 7.1 HC: 1.2 LC: 5.8 OC: 0

MEL is moving towards a high expiry

MEL is forming a DOJI candle

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 -0.53, which is -3.44% with investment starting at 15.42.
An investment of 100,000 bucks in MEL would have become 96560 bucks today.

MEL 538834 moves in a range of 0.6 points on a week to week basis. This means that a total of approx 0.6 plus points of returns can be expected in a bullish week, and a total of 0.6 minus points can be expected in a bearish week.
This is about 4.03% of returns per week.

Weekly Candle Stick analysis of MEL 538834

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: 11.9 HC: 9 LC: 2.7 OC: 7.5

MEL is moving towards a low expiry

Candle stick analysis of MEL as on 19 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 7.8 HC: 1.9 LC: 5.8 OC: 0

MEL is moving towards a high expiry

MEL is forming a DOJI candle

Candle stick analysis of MEL as on 12 Fri Dec 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of MEL are:
HL: 19.8 HC: 9.5 LC: 9.4 OC: 9.5

MEL is moving towards a low expiry

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

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 -12, which is -44.63% with investment starting at 26.89.
An investment of 100,000 bucks in MEL would have become 55370 bucks today.

MEL 538834 moves in a range of 3.7 points on a month to month basis. This means that a total of approx 3.7 plus points of returns can be expected in a bullish month, and a total of 3.7 minus points can be expected in a bearish month.
This is about 24.85% of returns per month.

Monthly Candle Stick analysis of MEL 538834

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

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

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Munafa technical analysis MEL 538834 technical analysis buy or sell

 

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