MH

Mandakini Hydropower Limited

MHL NEPSE Hydro Power
Rs. 510.00
+1.00 (+0.20%)
End-of-day data
OpenRs. 500.00
HighRs. 511.00
LowRs. 496.50
Prev CloseRs. 509.00
Volume15,103
TurnoverRs. 7,616,237.30
MHL

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.

Automated read, not advice. Guides: RSI guide, candlestick guide and beginner's investing guide.

For information only — not financial advice.