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538834 NEWS why is Mel price falling or rising

538834 NEWS reasons for why stock price of Mel is falling or rising

538834 Mel is falling or rising technical reasons

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

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, and stock might move down till 13.5 or till 12.7. Use a stoploss of 14.22 and if the stock hits stoploss, then it can shoot up till 14.93

538834 Mel is falling or rising NEWS fundamental reasons

AI Uncertainty Melts Away Market Gains Confidence in economic strength began to sharply erode today upon the worst Existing Home Sales report in four years. - NEWS as on 2026-02-12 nasdaq.com

Gainers & Losers: TCS, Vodafone among 6 stocks in limelight on Thursday Indian benchmark indices closed lower on Thursday, dragged by heavy selling in IT stocks. Nifty and Sensex fell amid AI disruption concerns and fading US rate-cut hopes. Coforge, TCS and Infosys led losses, while Lenskart and Hindustan Copper gained on str - NEWS as on 2026-02-12 indiatimes.com

Gainers & Losers: LIC, Godfrey Phillips among 6 stocks that hogged limelight on Friday Indian markets closed higher as buying in consumer and private banks offset losses in auto, IT and pharma. Stock-specific moves in BEML, LIC, Hitachi Energy and others drove action across the board. - NEWS as on 2026-02-06 indiatimes.com

IndiGo to shore up systems after December operational meltdown IndiGo is focusing on strengthening its operations and internal systems this year. This comes after a significant technology failure in December disrupted thousands of flights. The airline is working to solidify its massive daily operations. IndiGo is also - NEWS as on 2026-02-03 indiatimes.com

More announcements and NEWS

538834 Mel current price & indicator signals

Moving Averages for Mel

  • 5Day Average: 14.41
  • 12Day Average: 14.25
  • 20Day Average: 13.89
  • 50Day Average: 14.69
  • 100Day Average: 15.14
  • 150Day Average: 15.73
  • 200Day Average: 19.13

538834 Indicators & signals

Indicator MACD (12,26,9)

14.21, 14.29, -0.18
Indicator MACD is in negative zone

Indicator ADX (14)

0, 18.18, 18.18
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
13 Fri Feb 2026 14.12 13.40 to 14.23 4.21% 0.95 times
12 Thu Feb 2026 13.55 13.15 to 15.30 -12.52% 4.28 times
11 Wed Feb 2026 15.49 14.40 to 15.60 7.27% 2.48 times
10 Tue Feb 2026 14.44 14.25 to 14.75 -0.07% 0.19 times
09 Mon Feb 2026 14.45 14.11 to 14.82 -0.62% 0.12 times
06 Fri Feb 2026 14.54 13.75 to 15.34 3.27% 0.81 times
05 Thu Feb 2026 14.08 13.52 to 14.65 -0.21% 0.41 times
04 Wed Feb 2026 14.11 13.52 to 14.70 -0.91% 0.41 times
03 Tue Feb 2026 14.24 14.10 to 14.84 1.21% 0.41 times
02 Mon Feb 2026 14.07 13.50 to 14.90 0.93% 0.48 times
01 Sun Feb 2026 13.94 13.50 to 14.44 -0.36% 0.41 times
30 Fri Jan 2026 13.99 13.50 to 14.96 2.19% 0.41 times

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538834 NEWS why is Mel price falling or rising

 

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