Munafa Mercantile Ventures Ltd. (MERCANTILE) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Mercantile Ventures Ltd. (MERCANTILE) Indicator analysis

Mercantile Ventures Ltd. stock tips (delivery Volume analysis)

Total 5 day volume for Mercantile Ventures Ltd. is 7876, out of which 6321 went into delivery, which is 80.26 percent of total volumes

Volumes in the last session was 179, out of which 63 went into delivery, which is 35.2 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Mercantile Ventures MERCANTILE intraday stock tips

28 Wednesday October Stock tips for Mercantile Ventures 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 Ventures MERCANTILE gave a large move recently.

Although my analysis for Mercantile Ventures is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 20.3, for a target of 21.3 or 22.02

27 Tuesday October Stock tips for Mercantile Ventures (MERCANTILE) 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 Ventures MERCANTILE gave a large move recently.

My analysis of Mercantile Ventures is bullish for shortterm, and stock might move up till 22.9 or till 23.8. Use a stoploss of 22.17 and if this stock hits its stoploss, then it can fall down till 21.44

26 Monday October Stock tips for Mercantile Ventures 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 Ventures MERCANTILE gave a large move recently.

My analysis of Mercantile Ventures is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mercantile Ventures stays below 21.4, but if it comes above 21.4, then a intra day buy could be more profitable.
If you take a sell trade below 21.4, then use 21.4 as stoploss and 20.5 as target. However if you take a buy trade in Mercantile Ventures, then use 21.4 as stoploss and 22.15 as target.

23 Friday October Stock tips for Mercantile Ventures 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 Ventures MERCANTILE gave a large move recently.

My analysis of Mercantile Ventures is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mercantile Ventures stays below 21.5, but if it comes above 21.5, then a intra day buy could be more profitable.
If you take a sell trade below 21.5, then use 21.5 as stoploss and 20.7 as target. However if you take a buy trade in Mercantile Ventures, then use 21.5 as stoploss and 22.25 as target.

22 Thursday October Stock tips for Mercantile Ventures (MERCANTILE) 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 Ventures MERCANTILE gave a large move recently.

My analysis of Mercantile Ventures is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23 as stoploss in an intra day sell trade for a target of 22.37. However, stock will show a bullish move above 23.

21 Wednesday October Stock tips for Mercantile Ventures 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 Ventures MERCANTILE gave a large move recently.

My analysis of Mercantile Ventures is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.7 as stoploss in an intra day buy trade for a target of 22.32. However, stock will show a bearish move below 21.7.

19 Monday October Stock tips for Mercantile Ventures 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 Ventures MERCANTILE gave a large move recently.

My analysis of Mercantile Ventures is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.7 as stoploss in an intra day buy trade for a target of 22.38. However, stock will show a bearish move below 21.7.

Mercantile Ventures MERCANTILE tips for tomorrow

Tomorrow's movement Prediction of Mercantile Ventures MERCANTILE 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.

Munafa value: 35

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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