Munafa MERCANTILE (538942) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

MERCANTILE (538942) Indicator analysis

Mercantile 538942 intraday stock tips

09 Friday January Stock tips for Mercantile 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 Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.5 as stoploss in an intra day buy trade for a target of 24.46. However, stock will show a bearish move below 23.5.

08 Thursday January Stock tips for Mercantile 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 Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mercantile stays below 23.5, but if it comes above 23.5, then a intra day buy could be more profitable.
If you take a sell trade below 23.5, then use 23.5 as stoploss and 22.3 as target. However if you take a buy trade in Mercantile, then use 23.5 as stoploss and 24.53 as target.

07 Wednesday January Stock tips for Mercantile (538942) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Mercantile stays above 25.7, but if it comes below 25.7, then a intra day sell could be more profitable.
If you take a sell trade below 25.7, then use 25.7 as stoploss and 24.7 as target. However if you take a buy trade in Mercantile, then use 25.7 as stoploss and 26.9 as target.

06 Tuesday January Stock tips for Mercantile (538942) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Mercantile stays above 25.5, but if it comes below 25.5, then a intra day sell could be more profitable.
If you take a sell trade below 25.5, then use 25.5 as stoploss and 24.57 as target. However if you take a buy trade in Mercantile, then use 25.5 as stoploss and 26.7 as target.

05 Monday January Stock tips for Mercantile (538942) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25.4 as stoploss in an intra day sell trade for a target of 24.42. However, stock will show a bullish move above 25.4.

02 Friday January Stock tips for Mercantile (538942) 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 Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Mercantile stays above 25.3, but if it comes below 25.3, then a intra day sell could be more profitable.
If you take a sell trade below 25.3, then use 25.3 as stoploss and 24.33 as target. However if you take a buy trade in Mercantile, then use 25.3 as stoploss and 26.4 as target.

01 Thursday January Stock tips for Mercantile (538942) 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 Mercantile 538942 gave a large move recently.

My analysis of Mercantile is bullish for shortterm, and stock might move up till 25 or till 26. Use a stoploss of 24.19 and if this stock hits its stoploss, then it can fall down till 23.36

Mercantile 538942 tips for tomorrow

Tomorrow's movement Prediction of Mercantile 538942 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Mercantile 538942 is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 24.12

Munafa value: 25

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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