Munafa MEL (538834) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa MEL (538834) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow MEL intraday tips for today and tomorrow
MEL (538834) Indicator analysis
Recent prices of 538834 MEL are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
20 Fri Dec 2024 | 27.88 | 26.54 to 28.75 | -0.39% | 4.3 times |
19 Thu Dec 2024 | 27.99 | 27.50 to 29.05 | -3.42% | 1 times |
18 Wed Dec 2024 | 28.98 | 28.00 to 32.20 | -2.13% | 1.28 times |
17 Tue Dec 2024 | 29.61 | 27.53 to 30.00 | 4.78% | 1.38 times |
16 Mon Dec 2024 | 28.26 | 27.43 to 29.01 | 1.65% | 0.52 times |
13 Fri Dec 2024 | 27.80 | 25.33 to 28.65 | -0.5% | 0.51 times |
12 Thu Dec 2024 | 27.94 | 27.50 to 30.85 | -2.03% | 1.08 times |
11 Wed Dec 2024 | 28.52 | 28.00 to 29.85 | -1.31% | 1.2 times |
10 Tue Dec 2024 | 28.90 | 28.15 to 30.45 | -0.58% | 0.95 times |
09 Mon Dec 2024 | 29.07 | 27.30 to 31.90 | 0.24% | 1.13 times |
06 Fri Dec 2024 | 29.00 | 27.50 to 30.00 | -0.79% | 0.95 times |
05 Thu Dec 2024 | 29.23 | 29.00 to 30.90 | -3.15% | 0.67 times |
Mel 538834 intraday stock tips
20 Friday December Stock tips for Mel Stock 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.
It appears as if Mel 538834 gave a large move recently.
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 27.7 as stoploss in an intra day buy trade for a target of 28.71. However, stock will show a bearish move below 27.7.
19 Thursday December Stock tips for Mel Stock 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.
It appears as if Mel 538834 gave a large move recently.
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 27.8 as stoploss in an intra day buy trade for a target of 28.8. However, stock will show a bearish move below 27.8.
18 Wednesday December Stock tips for Mel (538834) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Mel 538834 gave a large move recently.
My analysis of Mel is bullish for shortterm, and stock might move up till 29.9 or till 31.1. Use a stoploss of 28.88 and if this stock hits its stoploss, then it can fall down till 27.86
17 Tuesday December Stock tips for Mel (538834) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
It appears as if Mel 538834 gave a large move recently.
My analysis of Mel is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.9 as stoploss in an intra day sell trade for a target of 28.87. However, stock will show a bullish move above 29.9.
16 Monday December Stock tips for Mel Stock 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, stock might keep falling and stock might move lower...
It appears as if Mel 538834 gave a large move recently.
My analysis of Mel is bearish for shortterm, and stock might move down till 27.7 or till 26.4. Use a stoploss of 28.79 and if the stock hits stoploss, then it can shoot up till 29.86
13 Friday December Stock tips for Mel Stock 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, stock might keep falling and stock might move lower...
It appears as if Mel 538834 gave a large move recently.
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 27.7 as stoploss in an intra day buy trade for a target of 28.85. However, stock will show a bearish move below 27.7.
12 Thursday December Stock tips for Mel Stock 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, stock might keep falling and stock might move lower...
It appears as if Mel 538834 gave a large move recently.
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 27.9 as stoploss in an intra day buy trade for a target of 28.96. However, stock will show a bearish move below 27.9.
Mel 538834 tips for tomorrow
Tomorrow's movement Prediction of Mel 538834 appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.
Tomorrow's movement Prediction of Mel 538834 is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.
Munafa value: 49
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.