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BSE Stock 538834 Historical charts - MEL

Historical charts for Stock 538834 - Share MEL trades in BSE

Moving Averages for

  • 5Day Average: 16.12
  • 12Day Average: 16.51
  • 20Day Average: 16.69
  • 50Day Average: 15.67
  • 100Day Average: 15.73
  • 150Day Average: 20.3

538834 Indicators & signals

Indicator MACD (12,26,9)

16.29, 16.2, 0.29
Indicator MACD is in positive zone

Indicator ADX (14)

10, 14.4, 17.6
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 538834 are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Tue Dec 2025 15.23 14.51 to 15.75 -2.56% 0.62 times
08 Mon Dec 2025 15.63 14.40 to 17.25 -2.8% 2.01 times
05 Fri Dec 2025 16.08 16.00 to 17.40 -2.78% 0.76 times
04 Thu Dec 2025 16.54 16.42 to 17.40 -3.27% 0.77 times
03 Wed Dec 2025 17.10 16.80 to 17.46 -1.1% 0.59 times
02 Tue Dec 2025 17.29 16.85 to 17.90 1.95% 0.39 times
01 Mon Dec 2025 16.96 16.45 to 17.25 3.16% 1.16 times
28 Fri Nov 2025 16.44 16.25 to 16.95 -0.18% 0.44 times
27 Thu Nov 2025 16.47 16.32 to 17.40 -1.61% 2.19 times
26 Wed Nov 2025 16.74 16.54 to 17.24 2.2% 0.58 times
25 Tue Nov 2025 16.38 16.15 to 17.29 -5.32% 1.11 times
24 Mon Nov 2025 17.30 16.71 to 17.70 3.9% 2.35 times

Technical analysis forecast for 538834 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 538834 538834 at this time. Stock is falling and might fall more.

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

Stock of 538834 (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 538834 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if 538834 stays below 15.5, but if it comes above 15.5, then a intra day buy could be more profitable.
If you take a sell trade below 15.5, then use 15.5 as stoploss and 14.7 as target. However if you take a buy trade in 538834, then use 15.5 as stoploss and 16.26 as target.

Munafa value: 50

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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BSE Stock 538834 Historical charts - Share MEL

 

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