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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 2024-04-02 View latest technical analysis

10 day averaged volume of Magnum Ventures is 293095

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	48.65	46.90	48.65	46.10	0.549 times
01 Mon Apr 2024	46.35	45.10	46.35	44.55	0.609 times
28 Thu Mar 2024	44.15	45.75	45.75	42.00	1.335 times
27 Wed Mar 2024	44.15	45.50	48.15	43.75	1.045 times
26 Tue Mar 2024	45.90	46.30	48.10	44.15	1.189 times
22 Fri Mar 2024	46.25	48.40	48.90	45.75	0.691 times
21 Thu Mar 2024	47.05	44.60	47.05	44.60	0.363 times
20 Wed Mar 2024	44.85	44.95	46.50	43.50	1.082 times
19 Tue Mar 2024	44.65	46.05	47.70	44.50	1.012 times
18 Mon Mar 2024	46.85	46.55	48.85	46.05	0.711 times

My analysis of stock is bearish for shortterm, and stock might move down till 45 or till 38.5. Use a stoploss of 50.35 and if the stock hits stoploss, then it can shoot up till 55.75

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
Downside 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	45.92
Downside Intraday Target	43.18
Upside Intraday Target	50.02
Upside Intraday Target	51.38
Downside Intraday Target	47.28

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	48.65	45.10	48.65	44.55	0.325 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
02 Tue Apr 2024	48.65	45.10	48.65	44.55	0.069 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Magnum Ventures in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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 45.5 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 is giving positive 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.