Why did MBECL.NS spike pre-market on 03 Jan 2026?

The move was accompanied by heavy volume (198704.00 vs avg 1848.00). No confirmed exchange filing was in this note, so the spike could be driven by a block trade, news or speculative flows; check NSE filings and company announcements before trading.

What are the nearest technical levels for MBECL.NS?

Immediate resistance is near the 50-day average INR 69.15 and stronger resistance near the 200-day average INR 86.44; short-term support lies near the previous close INR 3.27 and the session low INR 2.96.

How does Meyka AI rate MBECL.NS and what does that mean?

Meyka AI rates MBECL.NS with a score out of 100: 61.15 | Grade: B | Suggestion: HOLD; this balances sector and benchmark comparisons, financial growth and forecasts, but is not investment advice and should be one input among many.

What is the Meyka AI price forecast for MBECL.NS?

Meyka AI's forecast model projects a 12-month price of INR 74.72 versus the current price INR 65.40, implying estimated upside of about 14.24%; forecasts are model-based projections and not guarantees.

IN Stocks

MBECL.NS INR 65.40 pre-market rises 03 Jan 2026: watch INR 69.15 resistance

ByDanny Kontos January 2, 2026January 2, 2026

We note McNally Bharat Engineering Company Limited (MBECL.NS) is a pre-market high-volume mover after the price rose to INR 65.40 on 03 Jan 2026 on unusually heavy trade. The spike comes with volume of 198704.00 shares versus an average volume of 1848.00, giving a relative volume of 107.52 and signalling a major intraday flow. This note summarises the NSE trading picture, valuation and risks, and gives short-term levels and a model-based forecast from Meyka AI, the AI-powered market analysis platform.