MAKEMYTRIP LIMITED (MMYT) Technical Analysis
Current Price: $54.59
Market analysis updated based on the close of Jul 17, 2026. A significant support floor has been established at 36.50. The underlying trend remains structurally bullish. With 6 stages of the cycle completed, the primary technical objective is set at 87.95. Maintaining price above 38.26 is critical for this setup. The current setup offers a defined risk-to-reward ratio based on these AI-derived boundaries.
Technical Indicators Summary
- Trend Bias: bullish (Score: 80/100) - Strong bullish momentum detected
- Moving Averages: sideways (Score: 50/100) - Price is trading between key moving averages
- Oscillators: bullish (Score: 65/100) - MACD shows bullish momentum
Key Support & Resistance Levels
- Support Levels: $36.50, $49.99, $51.77
- Resistance Levels: $68.97
Trading Tip: The current technical setup for MAKEMYTRIP LIMITED shows bullish momentum. Consider looking for buying opportunities near support levels at $36.5, $49.99, $51.7672.
