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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 2024-03-27 View latest technical analysis

10 day averaged volume of Magnum Ventures is 268277

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	44.15	45.50	48.15	43.75	1.142 times
26 Tue Mar 2024	45.90	46.30	48.10	44.15	1.299 times
22 Fri Mar 2024	46.25	48.40	48.90	45.75	0.755 times
21 Thu Mar 2024	47.05	44.60	47.05	44.60	0.397 times
20 Wed Mar 2024	44.85	44.95	46.50	43.50	1.182 times
19 Tue Mar 2024	44.65	46.05	47.70	44.50	1.105 times
18 Mon Mar 2024	46.85	46.55	48.85	46.05	0.777 times
15 Fri Mar 2024	47.75	47.30	49.55	46.70	2.145 times
14 Thu Mar 2024	49.00	49.00	50.15	49.00	2.184 times
13 Wed Mar 2024	51.55	51.55	51.55	51.55	0.109 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.3, but if it comes above 46.3, then a intra day buy could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 38.8 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 52.6 as target.

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	43.50
Upside Target	46.00
Upside Target	48.10
Upside Target	52.05
Upside Target	58.05
Upside Target	58.50
Upside Target	60.75
Upside Target	61.85
Upside Target	62.25
Upside Target	65.80
Upside Target	71.90
Upside Target	81.60

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Intraday Target	42.55
Downside Intraday Target	40.95
Upside Intraday Target	46.95
Upside Intraday Target	49.75
Upside Intraday Target	45.35

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	44.15	46.30	48.15	43.75	0.579 times
22 Fri Mar 2024	46.25	46.55	48.90	43.50	0.775 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

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
27 Wed Mar 2024	44.15	60.15	62.25	43.50	1.119 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 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 46.64 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.