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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 2024-03-19 View latest technical analysis

10 day averaged volume of Magnum Ventures is 286461

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	44.65	46.05	47.70	44.50	1.035 times
18 Mon Mar 2024	46.85	46.55	48.85	46.05	0.728 times
15 Fri Mar 2024	47.75	47.30	49.55	46.70	2.009 times
14 Thu Mar 2024	49.00	49.00	50.15	49.00	2.045 times
13 Wed Mar 2024	51.55	51.55	51.55	51.55	0.102 times
12 Tue Mar 2024	54.25	54.25	54.25	54.25	0.045 times
11 Mon Mar 2024	57.10	61.85	61.85	56.95	0.894 times
07 Thu Mar 2024	59.95	57.95	59.95	56.15	1.159 times
06 Wed Mar 2024	57.10	54.90	57.10	53.00	0.896 times
05 Tue Mar 2024	54.40	56.25	58.85	54.20	1.444 times

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 44.2, for a target of 50.9 or 56.48

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	44.50
Upside Target	46.00
Upside 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	71.90
Upside Target	81.60

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Intraday Target	43.15
Downside Intraday Target	41.65
Upside Intraday Target	47.5
Upside Intraday Target	50.35
Upside Intraday Target	46

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	44.65	46.55	48.85	44.50	0.346 times
15 Fri Mar 2024	47.75	61.85	61.85	46.70	1.22 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

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
19 Tue Mar 2024	44.65	60.15	62.25	44.50	0.802 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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

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 51.6 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.