Makemytrip Stock Forecast

Buy or Hold candidate since Jul 27, 2026 Gain 16.37%

The MakeMyTrip Limited stock price gained 1.50% on the last trading day (Monday, 10th Aug 2026), rising from $60.01 to $60.91. During the last trading day the stock fluctuated 2.15% from a day low at $59.74 to a day high of $61.02. The price has been going up and down for this period, and there has been a 16.37% gain for the last 2 weeks. Volume fell on the last day by -123 thousand shares and in total, 366 thousand shares were bought and sold for approximately $22.28 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 41.77% during the next 3 months and, with a 90% probability hold a price between $73.17 and $91.36 at the end of this 3-month period.

MMYT Signals & Forecast

The MakeMyTrip Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $60.59 and $55.55. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, August 04, 2026, and so far it has fallen -3.65%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for MakeMyTrip Limited stock

MakeMyTrip Limited finds support from accumulated volume at $58.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.28 between high and low, or 2.15%. For the last week, the stock has had daily average volatility of 3.61%.

Our recommended stop-loss: $58.18 (-4.49%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (MMYT) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect MakeMyTrip Limited to open at $60.56, and during the day (based on 14 day Average True Range), to move between $59.44 and $62.38, which gives a possible trading interval of +/-$2.95 (+/-4.96%) up or down from last closing price. If MakeMyTrip Limited takes out the full calculated possible swing range there will be an estimated 4.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $61.20 (0.48%) than the support at $58.19 (4.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is MakeMyTrip Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MakeMyTrip Limited stock to perform well in the short-term.

Current score: 1.550 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - $60.56 ( 0.581%).

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