Mahanagar Telephone Nigam Technical Analysis

Mahanagar Telephone Nigam Ltd Technical Analysis

Mahanagar Telephone Nigam Ltd technical analysis is gaining attention among traders and investors tracking Mahanagar Telephone Nigam Ltd Technical Analysis trends in the Indian stock market. Mahanagar Telephone Nigam Ltd (NSE: MTNL, BSE: 500108) is currently trading at ₹30.68, showing a -1.19% move as of Sat, Feb 28, 2026.

This detailed Mahanagar Telephone Nigam Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Mahanagar Telephone Nigam Ltd Stock Overview

Mahanagar Telephone Nigam Ltd operates in the Communications sector under the Major telecommunications industry. With a market capitalization of ₹19.7B and a PE ratio of 0, Mahanagar Telephone Nigam Ltd remains a key stock to watch in Mahanagar Telephone Nigam Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹19.7B
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Communications
• Industry: Major telecommunications

These fundamentals play an important role in Mahanagar Telephone Nigam Ltd technical analysis and valuation tracking.

Mahanagar Telephone Nigam Ltd Support and Resistance Levels

Classic Pivot Levels

In Mahanagar Telephone Nigam Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 50.96
• Resistance 2: 42.12
• Resistance 1: 38.01
• Pivot Point: 33.28
• Support 1: 29.17
• Support 2: 24.44
• Support 3: 15.60

Conditional Insight

Mahanagar Telephone Nigam Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 29.17 and 24.44.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Mahanagar Telephone Nigam Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 42.12
• Fibonacci R2: 38.74
• Fibonacci R1: 36.66
• Fibonacci Pivot: 33.28
• Fibonacci S1: 29.90
• Fibonacci S2: 27.82
• Fibonacci S3: 24.44

Mahanagar Telephone Nigam Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Mahanagar Telephone Nigam Ltd Moving Average Analysis

Moving averages are key indicators in Mahanagar Telephone Nigam Ltd technical analysis for identifying trend direction.

• 10 EMA: 30.34
• 20 EMA: 30.99
• 30 EMA: 31.62
• 50 EMA: 32.93
• 100 EMA: 35.82
• 200 EMA: 39.38

Trend Logic

Mahanagar Telephone Nigam Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Mahanagar Telephone Nigam Ltd technical analysis remains positive above 200 EMA.

Mahanagar Telephone Nigam Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 38.53
• MACD: -0.89
• Signal: -0.82
• ADX: 13.89
• Momentum: -1.68

RSI Logic

Mahanagar Telephone Nigam Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Mahanagar Telephone Nigam Ltd technical analysis indicates bearish momentum with MACD below signal line.

Mahanagar Telephone Nigam Ltd Overall Recommendation

• Overall Recommendation Score: -0.35
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: 0.09

Overall Mahanagar Telephone Nigam Ltd technical analysis sentiment remains neutral with mixed signals.

Mahanagar Telephone Nigam Ltd Technical Analysis Conclusion

Mahanagar Telephone Nigam Ltd technical analysis suggests that traders should closely monitor price action around ₹30.68 and key pivot level 33.28. Breakouts above resistance or breakdown below support will define the next trend in Mahanagar Telephone Nigam Ltd technical analysis.

Investors searching for Mahanagar Telephone Nigam Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Mahanagar Telephone Nigam Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.