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(MMYT) Makemytrip complete technical analysis [charts+indicators] | Buy/Sell Makemytrip | (MMYT) share price targets

Complete technical analysis of Makemytrip (MMYT) by charts plus indicators, forecast predictions and share price targets for Makemytrip (MMYT)

Makemytrip trades in USA in Consumer Services sector.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Makemytrip is 809770

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	65.11	65.00	65.86	64.52	1.172 times
18 Mon Mar 2024	65.14	64.34	65.17	63.47	0.998 times
15 Fri Mar 2024	63.96	63.18	64.42	63.08	1.385 times
14 Thu Mar 2024	63.79	63.96	64.78	61.81	0.883 times
13 Wed Mar 2024	63.47	64.55	64.55	62.40	0.957 times
12 Tue Mar 2024	64.43	62.18	64.45	60.80	0.876 times
11 Mon Mar 2024	62.04	60.81	62.08	59.51	0.83 times
08 Fri Mar 2024	60.82	60.45	61.26	59.70	0.663 times
07 Thu Mar 2024	60.50	60.62	61.18	60.21	0.851 times
06 Wed Mar 2024	60.45	60.00	61.31	59.26	1.282 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 63.6, but if it comes below 63.6, then a intra day sell could be more profitable.
If you take a sell trade below 63.6, then use 63.6 as stoploss and 60.95 as target. However if you take a buy trade in stock , then use 63.6 as stoploss and 66.8 as target.

Share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Target	37.62
Downside Target	41.95
Downside Target	43.31
Downside Target	47.39
Downside Target	54.36
Downside Target	55.60
Downside Target	56.90
Downside Target	59.51
Downside Target	60.94
Downside Target	62.24
Downside Target	63.47
Downside Target	63.79
Downside Target	64.78
Upside Target	65.86

Intraday share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Intraday Target	63.77
Downside Intraday Target	62.42
Upside Intraday Target	66.16
Upside Intraday Target	67.2
Downside Intraday Target	64.81

Weekly technical analysis of Makemytrip (MMYT)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	65.11	64.34	65.86	63.47	0.44 times
15 Fri Mar 2024	63.96	60.81	64.78	59.51	1.006 times
08 Fri Mar 2024	60.82	62.10	62.39	57.59	1.193 times
01 Fri Mar 2024	62.05	57.08	63.79	56.90	0.87 times
23 Fri Feb 2024	56.78	60.08	60.94	55.60	0.862 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Makemytrip (MMYT)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	65.11	62.00	65.86	57.59	0.607 times
29 Thu Feb 2024	61.69	55.25	62.24	54.36	1.23 times
31 Wed Jan 2024	55.39	46.08	56.97	43.31	1.493 times
29 Fri Dec 2023	46.98	42.43	47.39	41.95	0.983 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Makemytrip (MMYT)

Price action analysis of Makemytrip ( (MMYT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Makemytrip ( (MMYT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Makemytrip ( (MMYT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Makemytrip stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Makemytrip in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Makemytrip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Makemytrip in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Makemytrip is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.07 and Makemytrip (MMYT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Makemytrip (MMYT) stock. Volume based technical analysis of Makemytrip (MMYT) stock is negative.

Makemytrip Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.