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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 2024-07-17 View latest technical analysis

10 day averaged volume of Makemytrip is 740876

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	83.20	85.00	85.17	81.33	2.084 times
16 Tue Jul 2024	86.03	92.51	92.95	85.95	1.405 times
15 Mon Jul 2024	91.24	91.57	92.00	88.28	0.679 times
12 Fri Jul 2024	90.23	86.28	91.54	85.02	0.881 times
11 Thu Jul 2024	86.57	89.88	90.10	85.87	0.896 times
10 Wed Jul 2024	89.42	91.86	93.29	88.08	1.331 times
09 Tue Jul 2024	90.72	87.24	92.13	87.24	1.455 times
08 Mon Jul 2024	86.66	86.15	87.95	83.87	1.292 times
05 Fri Jul 2024	85.95	88.71	89.02	85.30	1.075 times
03 Wed Jul 2024	88.78	86.68	89.19	85.83	0.493 times

Stock of Makemytrip (MMYT) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 82.7 as stoploss in an intra day buy trade for a target of 85.89. However, stock will show a bearish move below 82.7.

Share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Target	57.59
Downside Target	60.55
Downside Target	65.54
Downside Target	71.41
Downside Target	77.30
Downside Target	79.14
Downside Target	81.33
Downside Target	82.96
Upside Target	89.19
Upside Target	89.83
Upside Target	92.95
Upside Target	93.29

Intraday share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Intraday Target	78.7
Downside Intraday Target	74.21
Upside Intraday Target	90.32
Upside Intraday Target	97.45
Upside Intraday Target	85.83

Weekly technical analysis of Makemytrip (MMYT)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	83.20	91.57	92.95	81.33	0.712 times
12 Fri Jul 2024	90.23	86.15	93.29	83.87	3.735 times
05 Fri Jul 2024	85.95	86.68	89.19	85.30	0.681 times
03 Wed Jul 2024	88.78	85.14	89.19	82.96	0.755 times
28 Fri Jun 2024	84.10	80.31	85.21	79.14	1.003 times

Price has moved down 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
17 Wed Jul 2024	83.20	85.14	93.29	81.33	0.809 times
28 Fri Jun 2024	84.10	78.00	85.21	72.55	0.742 times
31 Fri May 2024	75.59	65.68	89.83	65.54	0.918 times
30 Tue Apr 2024	66.21	71.40	77.30	60.55	1.24 times

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Makemytrip ( (MMYT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Makemytrip in short term but the sell signal is initial and weak.

Makemytrip Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Makemytrip in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.35 and Makemytrip (MMYT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Makemytrip Stock has given negative 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.