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

MERCANTILE (538942) Indicator analysis

Mercantile 538942 intraday stock tips

04 Friday September 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.

Although my analysis for Mercantile is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.1, for a target of 25.5 or 25.02

03 Thursday September 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 24.92 as target. However if you take a buy trade in Mercantile, then use 25.3 as stoploss and 25.8 as target.

02 Wednesday September 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25.2 as stoploss in an intra day sell trade for a target of 24.85. However, stock will show a bullish move above 25.2.

01 Tuesday September 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 25.2, but if it comes below 25.2, then a intra day sell could be more profitable.
If you take a sell trade below 25.2, then use 25.2 as stoploss and 24.83 as target. However if you take a buy trade in Mercantile, then use 25.2 as stoploss and 25.7 as target.

31 Monday August 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 24.4 as stoploss in an intra day buy trade for a target of 24.78. However, stock will show a bearish move below 24.4.

27 Thursday August 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 25.2 or till 25.7. Use a stoploss of 24.81 and if this stock hits its stoploss, then it can fall down till 24.42

26 Wednesday August 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 25.2 or till 25.8. Use a stoploss of 24.8 and if this stock hits its stoploss, then it can fall down till 24.37

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 showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of Mercantile 538942 looks bullish. It has broken an important resistance level of 26 with high volumes

Munafa value: 40

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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