MTNL NEWS why is Mahanagar Telephone Nigam Limited price falling or rising

MTNL NEWS reasons for why stock price of Mahanagar Telephone Nigam Limited is falling or rising

MTNL Mahanagar Telephone is falling or rising technical reasons

Technical analysis forecast of Mahanagar Telephone Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mahanagar Telephone MTNL at this time. Stock is rising and might rise more.

It appears as if Mahanagar Telephone MTNL gave a large move recently.

Stock of Mahanagar Telephone (MTNL) 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.

My analysis of Mahanagar Telephone is bullish for shortterm, and stock might move up till 51.8 or till 54. Use a stoploss of 49.9 and if this stock hits its stoploss, then it can fall down till 48.02

MTNL Mahanagar Telephone is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-11-04

Company Announcement Mahanagar Telephone Nigam Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-10-18

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-10-17

Company Announcement Mahanagar Telephone Nigam Limited has informed the Exchange regarding 'COMPLIANCE CERTIFICATE FOR THE QUARTER ENDED SEPTEMBER 30, 2024 - - NEWS as on 2024-10-16

Company Announcement Mahanagar Telephone Nigam Limited has informed the Exchange with copy of minutes of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-07

Company Announcement Mahanagar Telephone Nigam Limited has informed the Exchange about General Updates - NEWS as on 2024-10-04

Company Announcement Mahanagar Telephone Nigam Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2024. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2024-10-03

More announcements and NEWS

MTNL Mahanagar Telephone Nigam Limited current price & indicator signals

Moving Averages for Mahanagar Telephone Nigam Limited

  • 5Day Average: 49.16
  • 12Day Average: 48.81
  • 20Day Average: 49.69
  • 50Day Average: 53.04
  • 100Day Average: 57.3
  • 150Day Average: 50.76
  • 200Day Average: 48.35

MTNL Indicators & signals

Indicator MACD (12,26,9)

49.3, 50.53, -1.62
Indicator MACD is in negative zone

Indicator ADX (14)

1.79, 22.18, 21.4
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MTNL Mahanagar Telephone Nigam Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Thu Nov 2024 50.09 50.00 to 51.94 -1.36% 1.2 times
06 Wed Nov 2024 50.78 48.15 to 51.70 5.51% 1.73 times
05 Tue Nov 2024 48.13 47.53 to 48.45 0.67% 0.55 times
04 Mon Nov 2024 47.81 47.62 to 49.89 -2.41% 0.6 times
01 Fri Nov 2024 48.99 48.77 to 49.20 0.82% 0.26 times
31 Thu Oct 2024 48.59 48.43 to 49.69 0.25% 0.57 times
30 Wed Oct 2024 48.47 47.69 to 49.51 1.49% 0.96 times
29 Tue Oct 2024 47.76 46.91 to 48.29 0.36% 0.79 times
28 Mon Oct 2024 47.59 46.12 to 48.80 1.49% 1.34 times
25 Fri Oct 2024 46.89 46.52 to 49.30 -4.77% 1.38 times
24 Thu Oct 2024 49.24 48.05 to 52.48 -4.07% 1.83 times
23 Wed Oct 2024 51.33 45.32 to 51.77 9.05% 4.87 times

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MTNL NEWS why is Mahanagar Telephone Nigam Limited price falling or rising

 

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