Munafa Metalyst Forgings Limited (METALFORGE_BZ) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa Metalyst Forgings Limited (METALFORGE_BZ) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Metalyst Forgings Limited intraday tips for today and tomorrow
Metalyst Forgings Limited (METALFORGE_BZ) Indicator analysis
Recent prices of METALFORGE_BZ Metalyst Forgings Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 17 Fri May 2024 | 4.05 | 4.05 to 4.05 | -4.71% | 3.77 times |
| 16 Thu May 2024 | 4.25 | 4.25 to 4.60 | -3.41% | 0.74 times |
| 15 Wed May 2024 | 4.40 | 4.35 to 4.75 | -3.3% | 0.95 times |
| 14 Tue May 2024 | 4.55 | 4.15 to 4.55 | 4.6% | 2.31 times |
| 13 Mon May 2024 | 4.35 | 4.30 to 4.35 | 1.16% | 0.1 times |
| 10 Fri May 2024 | 4.30 | 4.30 to 4.35 | -4.44% | 0.66 times |
| 09 Thu May 2024 | 4.50 | 4.25 to 4.55 | 1.12% | 0.51 times |
| 08 Wed May 2024 | 4.45 | 4.25 to 4.55 | 1.14% | 1.12 times |
| 07 Tue May 2024 | 4.40 | 4.25 to 4.60 | -1.12% | 0.36 times |
| 06 Mon May 2024 | 4.45 | 4.30 to 4.60 | -1.11% | 0.33 times |
| 03 Fri May 2024 | 4.50 | 4.30 to 4.60 | 0% | 2.91 times |
| 02 Thu May 2024 | 4.50 | 4.50 to 4.90 | -4.26% | 5.6 times |
Metalyst Forgings Limited stock tips (delivery Volume analysis)
Total 5 day volume for Metalyst Forgings Limited is 62174, out of which 0 went into delivery, which is 0 percent of total volumes
Volumes in the last session was 29758, out of which 0 went into delivery, which is 0 percent of total volumes.
Deliveries are extremely low, which means that most trades are getting squared off within the intra day itself. It will not be safe to invest or hold the stock for long. However, intra day trend might continue.
Metalyst Forgings METALFORGE_BZ intraday stock tips
17 Friday May Stock tips for Metalyst Forgings 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
My analysis of Metalyst Forgings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Metalyst Forgings stays below 4.2, but if it comes above 4.2, then a intra day buy could be more profitable.
If you take a sell trade below 4.2, then use 4.2 as stoploss and 3.9 as target. However if you take a buy trade in Metalyst Forgings, then use 4.2 as stoploss and 4.44 as target.
16 Thursday May Stock tips for Metalyst Forgings 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
My analysis of Metalyst Forgings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Metalyst Forgings stays below 4.3, but if it comes above 4.3, then a intra day buy could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 4 as target. However if you take a buy trade in Metalyst Forgings, then use 4.3 as stoploss and 4.48 as target.
15 Wednesday May Stock tips for Metalyst Forgings 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
My analysis of Metalyst Forgings is bearish for shortterm, and stock might move down till 4.3 or till 4.1. Use a stoploss of 4.5 and if the stock hits stoploss, then it can shoot up till 4.69
14 Tuesday May Stock tips for Metalyst Forgings (METALFORGE_BZ) 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
My analysis of Metalyst Forgings is bullish for shortterm, and stock might move up till 4.7 or till 4.9. Use a stoploss of 4.51 and if this stock hits its stoploss, then it can fall down till 4.33
13 Monday May Stock tips for Metalyst Forgings 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
My analysis of Metalyst Forgings is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.3 as stoploss in an intra day buy trade for a target of 4.51. However, stock will show a bearish move below 4.3.
10 Friday May Stock tips for Metalyst Forgings 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
09 Thursday May Stock tips for Metalyst Forgings 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 Metalyst Forgings METALFORGE_BZ gave a large move recently.
My analysis of Metalyst Forgings is bearish for shortterm, and stock might move down till 4.4 or till 4.2. Use a stoploss of 4.55 and if the stock hits stoploss, then it can shoot up till 4.72
Metalyst Forgings METALFORGE_BZ tips for tomorrow
Tomorrow's movement Prediction of Metalyst Forgings METALFORGE_BZ is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 4.1
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.


