Mandakini Hydropower Limited
MHL — Mandakini Hydropower Limited technical analysis
Mandakini Hydropower Limited (MHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 510.00, up +1.00 (+0.20%) from the previous close of Rs. 509.00, ranging between Rs. 496.50 and Rs. 511.00 on the day on a traded volume of 15,103 shares.
Technical outlook
MHL's technical picture is currently Mildly Bullish. Above 20-day average (Rs. 467.83) — short-term up. 20-day above 50-day — trend up. RSI 72 — overbought. MACD above signal — momentum up.
Key levels
The nearest resistance sits around rs. 513.75. support around rs. 478.68. Over the past year, MHL has traded between a 52-week low of Rs. 433.00 and a high of Rs. 580.00, placing the current price at about 52% of that range.
A recent candlestick signal detected on MHL: Inside Bar — Range contained within the previous candle — consolidation before a move.
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For information only — not financial advice.