Overall Technical outlook

Price Summary

On 2025-05-30, MRF Limited's stock opened at 141690.0, spiked to 141845.0, declined to 137165.0, and closed -1.99% lower at 138865.0, with 13773 shares traded.
The stock reached its highest price of 146625.0 and lowest price of 102659.4 over the last 52 weeks.
The future price of MRF is projected to range from 90667.0 to 168426.0, with an average expected price of 133654.4, according to 10 analysts.

Technicals

Support and Resistance: The current price of 138865.0 is supported at 132151.41, with resistance at 140145.0. This suggests that the price for MRF might remain between these levels, where 132151.41 acts as a floor and 140145.0 as a ceiling in the market.
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Support/Resistance for MRF


Aroon: The AROON indicator reflects a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining depressed for MRF. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The low reading of the Aroon Oscillator suggests further weakness.
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Aroon chart for MRF Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Bolinger Bands chart for MRF Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for MRF Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for MRF Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory.
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Tripple SMA chart for MRF Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.