Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MAGNUM) Magnum Ventures complete technical analysis [charts+indicators] | Buy/Sell Magnum Ventures | (MAGNUM) share price targets

Complete technical analysis of Magnum Ventures (MAGNUM) by charts plus indicators, forecast predictions and share price targets for Magnum Ventures (MAGNUM)

Magnum Ventures trades in NSE in Paper & Paper Products sector.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Magnum Ventures is 216310

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	57.10	61.85	61.85	56.95	1.184 times
07 Thu Mar 2024	59.95	57.95	59.95	56.15	1.534 times
06 Wed Mar 2024	57.10	54.90	57.10	53.00	1.187 times
05 Tue Mar 2024	54.40	56.25	58.85	54.20	1.913 times
04 Mon Mar 2024	57.05	60.05	60.75	57.05	0.898 times
02 Sat Mar 2024	60.05	62.20	62.20	59.15	0.094 times
01 Fri Mar 2024	61.00	60.15	62.25	60.15	0.289 times
29 Thu Feb 2024	61.55	61.10	62.50	59.20	0.68 times
28 Wed Feb 2024	61.50	65.00	65.80	61.25	1.064 times
27 Tue Feb 2024	64.45	63.80	64.45	62.25	1.649 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58, but if it comes above 58, then a intra day buy could be more profitable.
If you take a sell trade below 58, then use 58 as stoploss and 54.3 as target. However if you take a buy trade in stock , then use 58 as stoploss and 61.12 as target.

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	46.00
Downside Target	48.10
Downside Target	52.05
Downside Target	56.95
Upside Target	60.75
Upside Target	61.85
Upside Target	62.25
Upside Target	65.80
Upside Target	66.75
Upside Target	68.00
Upside Target	71.90
Upside Target	81.60

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Intraday Target	55.42
Downside Intraday Target	53.73
Upside Intraday Target	60.32
Upside Intraday Target	63.53
Upside Intraday Target	58.63

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	57.10	61.85	61.85	56.95	0.214 times
07 Thu Mar 2024	59.95	60.05	60.75	53.00	1.238 times
02 Sat Mar 2024	60.05	59.00	65.80	58.50	0.911 times
23 Fri Feb 2024	58.50	66.75	66.75	58.05	1.161 times
16 Fri Feb 2024	64.60	61.90	68.00	59.00	0.876 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Magnum Ventures (MAGNUM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	57.10	60.15	62.25	53.00	0.38 times
29 Thu Feb 2024	61.55	69.45	71.90	58.05	0.5 times
31 Wed Jan 2024	68.45	50.85	81.60	48.10	4.827 times
29 Fri Dec 2023	47.50	51.40	52.05	46.00	2.895 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Magnum Ventures (MAGNUM)

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Magnum Ventures stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Magnum Ventures in short term and the sell signal is strong.

Magnum Ventures Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magnum Ventures in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Magnum Ventures is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.04 and Magnum Ventures (MAGNUM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Magnum Ventures (MAGNUM) stock. Volume based technical analysis of Magnum Ventures (MAGNUM) stock is negative.

Magnum Ventures Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.