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(MANAKALUCO) Manaksia Aluminium complete technical analysis [charts+indicators] | Buy/Sell Manaksia Aluminium | (MANAKALUCO) share price targets

Complete technical analysis of Manaksia Aluminium (MANAKALUCO) by charts plus indicators, forecast predictions and share price targets for Manaksia Aluminium (MANAKALUCO)

Showing technical analysis as on 2024-12-16 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 72523

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	30.31	29.52	30.93	29.52	0.399 times
13 Fri Dec 2024	30.32	30.73	30.73	29.03	0.651 times
12 Thu Dec 2024	29.94	31.20	31.95	29.25	1.888 times
11 Wed Dec 2024	31.00	31.10	32.17	30.71	0.805 times
10 Tue Dec 2024	31.24	29.61	32.01	29.61	1.055 times
09 Mon Dec 2024	30.14	31.00	31.00	30.00	0.808 times
06 Fri Dec 2024	30.27	30.49	31.00	29.71	0.812 times
05 Thu Dec 2024	29.84	29.67	30.45	29.00	0.674 times
04 Wed Dec 2024	29.09	29.99	29.99	28.59	1.123 times
03 Tue Dec 2024	28.60	28.00	28.61	27.60	0.839 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.2, but if it comes below 30.2, then a intra day sell could be more profitable.
If you take a sell trade below 30.2, then use 30.2 as stoploss and 28.01 as target. However if you take a buy trade in stock , then use 30.2 as stoploss and 32.8 as target.

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	24.55
Downside Target	27.21
Downside Target	29.03
Downside Target	30.22
Upside Target	30.93
Upside Target	31.00
Upside Target	31.80
Upside Target	32.17
Upside Target	35.02
Upside Target	35.88

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	29.58
Downside Intraday Target	28.84
Upside Intraday Target	30.99
Upside Intraday Target	31.66
Downside Intraday Target	30.25

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	30.31	29.52	30.93	29.52	0.077 times
13 Fri Dec 2024	30.32	31.00	32.17	29.03	1.086 times
06 Fri Dec 2024	30.27	26.75	31.00	25.91	1.274 times
29 Fri Nov 2024	25.96	25.85	27.32	25.20	1.747 times
22 Fri Nov 2024	24.98	27.25	27.30	24.90	0.971 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 Manaksia Aluminium (MANAKALUCO)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	30.31	26.75	32.17	25.91	0.96 times
29 Fri Nov 2024	25.96	29.29	30.22	24.90	0.74 times
31 Thu Oct 2024	28.20	31.02	35.02	25.66	0.213 times
24 Wed Jul 2024	33.29	28.70	35.88	27.21	2.222 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 Manaksia Aluminium (MANAKALUCO)

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) 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 Manaksia Aluminium ( (MANAKALUCO) ) based on a short to mid 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 Manaksia Aluminium ( (MANAKALUCO) ) 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 Manaksia Aluminium stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Manaksia Aluminium in short term and the buy signal is strong.

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

Manaksia Aluminium 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Manaksia Aluminium 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Manaksia Aluminium is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.04 and Manaksia Aluminium (MANAKALUCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Manaksia Aluminium (MANAKALUCO) stock. Volume based technical analysis of Manaksia Aluminium (MANAKALUCO) stock is negative.

Manaksia Aluminium Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.