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Mangalam Global Enterprise Limited

MGEL.NS•NSE
Consumer Defensive
Agricultural Farm Products
₹13.32
₹3.27(32.54%)
Indian Market opens in 10h 30m

Mangalam Global Enterprise Limited (MGEL.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mangalam Global Enterprise Limited (NSE:MGEL.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGEL.NS Technical Analysis Summary

Mangalam Global Enterprise Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.00)
Trend Strength:Very Strong (ADX: 40.06)
Volatility:Medium (ATR: 0.65)
Support/Resistance:$9.18 – $11.80 (Bollinger Bands)

Technical conditions suggest Mangalam Global Enterprise Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 60.00

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 47.05

Neutral
Mid-range signal with no clear trend.

Williams %R: -21.30

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 6.17

Strongly Bullish
Strong upside momentum.

Takeaway:Mangalam Global Enterprise Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.38

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 40.06

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.65

Low
Low volatility, stable price action.

CCI (14): 370.70

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Mangalam Global Enterprise Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.80
Middle Band (SMA 20)
$10.49
Lower Band
$9.18
Current Position
Above Upper Band

Takeaway:Mangalam Global Enterprise Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$11.94
Middle Line (EMA 20)
$10.65
Lower Channel
$9.35
Squeeze Status
No Squeeze

Takeaway:Mangalam Global Enterprise Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-1.16M
Money Flow Index74.47Bullish, inflows support continued momentum.
Relative Vigor Index61.07Bullish, price momentum strongly favors buyers.

Overall Takeaway:MGEL.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Mangalam Global Enterprise Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Mangalam Global Enterprise Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ