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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 2024-08-23 View latest technical analysis

10 day averaged volume of Makemytrip is 493536

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	100.00	98.64	100.48	98.32	0.739 times
22 Thu Aug 2024	97.77	99.90	100.67	97.46	0.81 times
21 Wed Aug 2024	99.83	94.00	99.90	92.54	1.906 times
20 Tue Aug 2024	93.50	97.22	97.50	92.04	1.262 times
19 Mon Aug 2024	97.97	94.83	98.10	94.25	0.566 times
16 Fri Aug 2024	94.63	96.41	96.75	93.43	1.181 times
15 Thu Aug 2024	96.56	96.00	97.51	94.51	1.179 times
14 Wed Aug 2024	94.94	95.50	96.01	93.82	0.628 times
13 Tue Aug 2024	95.03	93.55	96.05	90.80	0.874 times
12 Mon Aug 2024	92.70	93.00	95.50	92.21	0.993 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 97.5, but if it comes below 97.5, then a intra day sell could be more profitable.
If you take a sell trade below 97.5, then use 97.5 as stoploss and 93.27 as target. However if you take a buy trade in stock , then use 97.5 as stoploss and 102.7 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	76.95
Downside Target	81.33
Downside Target	85.21
Downside Target	89.83
Downside Target	94.93
Downside Target	95.46
Downside Target	97.51
Upside Target	100.22
Upside Target	100.67

Intraday share price targets for Makemytrip (MMYT)

Target Type	Value
Downside Intraday Target	94.47
Downside Intraday Target	88.94
Upside Intraday Target	103.1
Upside Intraday Target	106.2
Downside Intraday Target	97.57

Weekly technical analysis of Makemytrip (MMYT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	100.00	94.83	100.67	92.04	1.088 times
16 Fri Aug 2024	94.63	93.00	97.51	90.80	0.741 times
09 Fri Aug 2024	93.99	77.33	94.93	76.95	1.001 times
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

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
23 Fri Aug 2024	100.00	94.65	100.67	76.95	0.507 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 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 Weak 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 moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 96.38 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.