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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)

Showing technical analysis as on 2024-10-03 View latest technical analysis

10 day averaged volume of Manaksia Steels is 257963

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	68.12	69.35	72.00	67.20	0.635 times
01 Tue Oct 2024	68.68	70.00	70.80	67.51	0.501 times
30 Mon Sep 2024	68.97	67.80	70.02	66.79	1.097 times
27 Fri Sep 2024	66.69	66.10	69.34	65.91	1.287 times
26 Thu Sep 2024	66.04	66.05	68.50	65.66	0.464 times
25 Wed Sep 2024	66.95	68.00	68.75	66.17	0.485 times
24 Tue Sep 2024	67.67	68.10	68.75	67.20	0.349 times
23 Mon Sep 2024	67.93	68.70	69.76	67.05	0.491 times
20 Fri Sep 2024	67.76	66.20	68.89	66.10	0.894 times
19 Thu Sep 2024	65.86	68.80	68.80	65.28	0.982 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 69.1 as stoploss in an intra day sell trade for a target of 62.73. However, stock will show a bullish move above 69.1.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	47.75
Downside Target	50.77
Downside Target	52.94
Downside Target	56.99
Downside Target	59.27
Downside Target	60.79
Downside Target	62.42
Downside Target	65.66
Upside Target	69.76
Upside Target	72.00
Upside Target	72.09
Upside Target	107.00

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	65.94
Downside Intraday Target	63.76
Upside Intraday Target	71.15
Upside Intraday Target	74.18
Upside Intraday Target	68.97

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	68.12	67.80	72.00	66.79	0.726 times
27 Fri Sep 2024	66.69	68.70	69.76	65.66	0.306 times
20 Fri Sep 2024	67.76	62.42	72.09	62.42	6.291 times
13 Fri Sep 2024	56.75	53.61	59.27	52.94	1.66 times
06 Fri Sep 2024	53.56	55.71	56.99	53.15	0.53 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 Manaksia Steels (MANAKSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	68.12	70.00	72.00	67.20	0.068 times
30 Mon Sep 2024	68.97	55.71	72.09	52.94	1.649 times
30 Fri Aug 2024	55.71	59.90	62.99	50.77	2.193 times
31 Wed Jul 2024	59.43	56.00	60.79	53.25	0.043 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 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 Steels ( (MANAKSTEEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) 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 Steels ( (MANAKSTEEL) ) based on a mid to longer 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.

ADX buy sell signal for Manaksia Steels stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Manaksia Steels 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 Manaksia Steels is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.43 and Manaksia Steels (MANAKSTEEL) 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 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 positive

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