Is Mega Nirman & Industries Limited stock a buy or sell right now?

Mega Nirman & Industries Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Mega Nirman & Industries Limited’s RSI?

RSI is 48.83, showing balanced momentum within the normal range.

What does MACD indicate for MNIL.BO?

MACD at 0.58 signals bullish momentum with buyers in control.

What are Mega Nirman & Industries Limited’s key support and resistance levels?

Support sits around $40.15, while resistance is near $45.48. If price falls below $40.15, it could trigger extended downside pressure.

Mega Nirman & Industries Limited

MNIL.BO•BSE

Real Estate

Real Estate - Development

₹37.83

₹-4.20(-9.99%)

Indian Market opens in 6h 44m

Mega Nirman & Industries Limited (MNIL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mega Nirman & Industries Limited (BSE:MNIL.BO).

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

MNIL.BO Technical Analysis Summary

Mega Nirman & Industries Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 48.83)

Trend Strength:Weak (ADX: 17.61)

Volatility:High (ATR: 4.12)

Support/Resistance:$40.15 – $45.48 (Bollinger Bands)

Technical conditions suggest Mega Nirman & Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.83

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 63.04

Bullish

Buying momentum building without extremes.

Williams %R: -59.98

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -2.10

Bearish

Selling pressure outweighs buying.

Takeaway:Mega Nirman & Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.58

Bullish

Bullish, trend momentum is strengthening.

ADX: 17.61

Weak

Weak trend, market trading sideways.

ATR (14): 4.12

Medium

Medium volatility, healthy price movement.

CCI (14): 9.05

Neutral

Neutral, no strong directional signal.

Takeaway:Mega Nirman & Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$45.48

Middle Band (SMA 20)

$42.82

Lower Band

$40.15

Current Position

Below Lower Band

Takeaway:Mega Nirman & Industries Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels

Upper Channel

$51.00

Middle Line (EMA 20)

$42.75

Lower Channel

$34.51

Squeeze Status

Squeeze On

Takeaway:Mega Nirman & Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume-20.21K

Money Flow Index61.52Bullish, inflows support continued momentum.

Relative Vigor Index42.43Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MNIL.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Mega Nirman & Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Mega Nirman & Industries Limited are mixed, suggesting a Hold or wait-and-see approach.