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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 2024-04-01 View latest technical analysis

10 day averaged volume of Magnum Ventures is 333831

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	46.35	45.10	46.35	44.55	0.535 times
28 Thu Mar 2024	44.15	45.75	45.75	42.00	1.172 times
27 Wed Mar 2024	44.15	45.50	48.15	43.75	0.917 times
26 Tue Mar 2024	45.90	46.30	48.10	44.15	1.044 times
22 Fri Mar 2024	46.25	48.40	48.90	45.75	0.607 times
21 Thu Mar 2024	47.05	44.60	47.05	44.60	0.319 times
20 Wed Mar 2024	44.85	44.95	46.50	43.50	0.95 times
19 Tue Mar 2024	44.65	46.05	47.70	44.50	0.888 times
18 Mon Mar 2024	46.85	46.55	48.85	46.05	0.625 times
15 Fri Mar 2024	47.75	47.30	49.55	46.70	1.724 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.1 as stoploss in an intra day buy trade for a target of 50.97. However, stock will show a bearish move below 45.1.

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	42.00
Downside Target	43.50
Downside Target	44.55
Downside Target	46.00
Upside Target	48.10
Upside Target	52.05
Upside Target	53.00
Upside Target	58.05
Upside Target	60.75
Upside Target	61.85
Upside Target	62.25
Upside Target	71.90
Upside Target	81.60

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Intraday Target	45.15
Downside Intraday Target	43.95
Upside Intraday Target	46.95
Upside Intraday Target	47.55
Downside Intraday Target	45.75

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	46.35	45.10	46.35	44.55	0.171 times
28 Thu Mar 2024	44.15	46.30	48.15	42.00	0.925 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

Price has moved up 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
01 Mon Apr 2024	46.35	45.10	46.35	44.55	0.036 times
28 Thu Mar 2024	44.15	60.15	62.25	42.00	1.216 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

Scroll below to view daily charts

Price has moved up 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Magnum Ventures in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 45.77 and Magnum Ventures (MAGNUM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.