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(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 2024-03-14 View latest technical analysis

10 day averaged volume of Magnum Ventures is 172455

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	49.00	49.00	50.15	49.00	3.397 times
13 Wed Mar 2024	51.55	51.55	51.55	51.55	0.17 times
12 Tue Mar 2024	54.25	54.25	54.25	54.25	0.074 times
11 Mon Mar 2024	57.10	61.85	61.85	56.95	1.485 times
07 Thu Mar 2024	59.95	57.95	59.95	56.15	1.924 times
06 Wed Mar 2024	57.10	54.90	57.10	53.00	1.488 times
05 Tue Mar 2024	54.40	56.25	58.85	54.20	2.399 times
04 Mon Mar 2024	57.05	60.05	60.75	57.05	1.127 times
02 Sat Mar 2024	60.05	62.20	62.20	59.15	0.118 times
01 Fri Mar 2024	61.00	60.15	62.25	60.15	0.362 times

Stock of Magnum Ventures (MAGNUM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 49.9, for a target of 54.9 or 59.09

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	46.00
Downside Target	48.10
Upside Target	52.05
Upside Target	58.05
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	44.72
Downside Intraday Target	40.43
Upside Intraday Target	57.57
Upside Intraday Target	66.13
Upside Intraday Target	53.28

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	49.00	61.85	61.85	49.00	0.739 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
14 Thu Mar 2024	49.00	60.15	62.25	49.00	0.535 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining momentum.

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

Magnum Ventures Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.87 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.