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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 2024-08-02 View latest technical analysis

10 day averaged volume of Makemytrip is 839465

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	84.89	85.49	86.32	82.40	1.128 times
01 Thu Aug 2024	89.49	94.65	94.66	87.82	0.68 times
31 Wed Jul 2024	93.59	95.00	95.46	91.26	0.702 times
30 Tue Jul 2024	93.34	92.25	94.41	91.04	0.54 times
29 Mon Jul 2024	92.25	92.84	95.05	90.57	0.798 times
26 Fri Jul 2024	92.24	91.60	94.08	89.01	0.799 times
25 Thu Jul 2024	89.55	91.09	92.47	86.00	1.114 times
24 Wed Jul 2024	90.87	95.51	96.50	90.34	1.098 times
23 Tue Jul 2024	96.91	91.64	100.22	89.02	2.292 times
22 Mon Jul 2024	89.62	89.19	91.37	87.41	0.92 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 86.5, but if it comes above 86.5, then a intra day buy could be more profitable.
If you take a sell trade below 86.5, then use 86.5 as stoploss and 82.7 as target. However if you take a buy trade in stock , then use 86.5 as stoploss and 89.69 as target.

Share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Target	60.55
Downside Target	65.54
Downside Target	72.55
Downside Target	77.30
Downside Target	81.33
Upside Target	89.19
Upside Target	89.83
Upside Target	92.95
Upside Target	93.29
Upside Target	94.66
Upside Target	95.46
Upside Target	100.22

Intraday share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Intraday Target	79.71
Downside Intraday Target	74.52
Upside Intraday Target	92.77
Upside Intraday Target	100.64
Upside Intraday Target	87.58

Weekly technical analysis of Makemytrip (MMYT)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	84.89	92.84	95.46	82.40	0.619 times
26 Fri Jul 2024	92.24	89.19	100.22	86.00	1.024 times
19 Fri Jul 2024	88.98	91.57	92.95	81.33	1.176 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

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
02 Fri Aug 2024	84.89	94.65	94.66	82.40	0.079 times
31 Wed Jul 2024	93.59	85.14	100.22	81.33	1.512 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

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 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 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 to mid 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 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 91.76 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.