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

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

10 day averaged volume of Manaksia Steels is 41687

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	55.48	56.20	56.96	55.00	0.223 times
07 Fri Feb 2025	56.80	56.86	57.34	56.00	0.438 times
06 Thu Feb 2025	56.86	56.90	57.56	56.47	0.495 times
05 Wed Feb 2025	56.47	55.50	61.00	55.50	3.748 times
04 Tue Feb 2025	55.31	56.97	57.29	54.59	0.76 times
03 Mon Feb 2025	55.75	57.00	57.00	55.31	0.286 times
31 Fri Jan 2025	56.22	56.31	59.10	55.95	1.307 times
30 Thu Jan 2025	55.65	56.75	57.12	55.50	0.591 times
29 Wed Jan 2025	55.85	54.95	56.45	54.79	0.315 times
28 Tue Jan 2025	54.40	56.01	56.69	53.41	0.762 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 55.4 as stoploss in an intra day buy trade for a target of 57.48. However, stock will show a bearish move below 55.4.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	53.41
Downside Target	54.59
Upside Target	56.31
Upside Target	61.00
Upside Target	62.23
Upside Target	62.60
Upside Target	63.80
Upside Target	64.45
Upside Target	69.00
Upside Target	69.59
Upside Target	77.14

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	54.67
Downside Intraday Target	53.85
Upside Intraday Target	56.63
Upside Intraday Target	57.77
Upside Intraday Target	55.81

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	55.48	56.20	56.96	55.00	0.039 times
07 Fri Feb 2025	56.80	57.00	61.00	54.59	1.34 times
31 Fri Jan 2025	56.22	56.00	59.10	53.41	0.761 times
24 Fri Jan 2025	57.39	59.20	62.60	56.31	0.676 times
17 Fri Jan 2025	58.91	56.52	63.80	55.02	2.013 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 Steels (MANAKSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	55.48	57.00	61.00	54.59	0.21 times
31 Fri Jan 2025	56.22	60.00	64.45	53.41	0.658 times
31 Tue Dec 2024	59.41	62.05	69.00	56.61	1.202 times
29 Fri Nov 2024	62.52	67.88	69.59	58.01	0.338 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 Manaksia Steels (MANAKSTEEL)

Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) 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 Steels ( (MANAKSTEEL) ) 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 Manaksia Steels ( (MANAKSTEEL) ) 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 Steels stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Manaksia Steels 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 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 Manaksia Steels 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 Manaksia Steels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.07 and Manaksia Steels (MANAKSTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Manaksia Steels 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.