Overall Technical outlook

Price Summary

On 2026-04-30, MRF Limited's stock opened at 130355.0, peaked at 131100.0, hit a low of 128750.0, and closed -0.49% lower at 129710.0, with 7903 shares changing hands.
The stock reached its highest price of 162295.0 and lowest price of 124975.0 over the last 52 weeks.
MRF's future price is expected to lie between 113210.0 and 181000.0, with an average expectation of 149866.4, as per the recommendations of 10 analysts.

Technicals

Support and Resistance: The price for MRF at 129710.0 is supported by the 124975.0 level and faces resistance at 132165.0. This range indicates key levels where the price may find buyers near 124975.0 and sellers near 132165.0, defining a trading range.
MRF supportResistance 3250ab
Support/Resistance for MRF


Aroon: Aroon's bearish trend continues, with Aroon Down maintaining its position at the 100 level. This sustained bearish momentum suggests potential ongoing declines. However, to fully understand the trend's implications, it's important to analyze it alongside other indicators to gain a comprehensive view of the market.
MRF aroon 3250ab
Aroon chart for MRF Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
MRF bbands 3250ab
Bolinger Bands chart for MRF Limited


Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for MRF. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher.
MRF psar 3250ab
Parabolic Stop and Reverse chart for MRF Limited


Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, the market shows signs of a mildly bearish trend. This configuration hints at potential weakness, but the bearish sentiment is relatively weak. Traders should stay alert for any further signs of a downturn.
MRF stoch 3250ab
Stochastic chart for MRF Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
MRF trippleSMA 3250ab
Tripple SMA chart for MRF Limited


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.