Overall Technical outlook

Price Summary

On 2025-04-25, MRF's stock began at 130500.0, peaked at 130700.0, dipped to 127400.0, and closed up -1.41% at 128655.0, with a volume of 7468 shares.
In the 52-week period, the stock's peak price is 142249.05, and the lowest price recorded is 102659.4.
MRF's future price is expected to lie between 90667.0 and 160000.0, with an average expectation of 116925.7, as per the recommendations of 10 analysts.

Technicals

Support and Resistance: The price sits at 128655.0, supported by 128057.9 and resisted by 132151.41. This indicates a trading range where 128057.9 provides a floor, preventing declines, and 132151.41 acts as a ceiling, limiting further price increases for MRF.
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Support/Resistance for MRF


Aroon: The Aroon indicator continues to show a bullish trend for MRF Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation.
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Aroon chart for MRF Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
MRF bbands 38d6a4
Bolinger Bands chart for MRF Limited


Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for MRF.
MRF psar 38d6a4
Parabolic Stop and Reverse chart for MRF Limited


Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness.
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Stochastic chart for MRF Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for MRF, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
MRF trippleSMA 38d6a4
Tripple SMA chart for MRF Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.