Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-08 View latest technical analysis

10 day averaged volume of Manaksia Steels is 156592

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	64.41	68.35	68.35	62.80	0.627 times
07 Thu Nov 2024	68.02	68.77	69.59	67.51	0.346 times
06 Wed Nov 2024	68.77	66.50	69.02	65.94	1.572 times
05 Tue Nov 2024	66.37	65.80	67.58	64.71	0.335 times
04 Mon Nov 2024	65.99	66.95	66.95	65.24	0.229 times
01 Fri Nov 2024	66.33	67.88	69.00	65.22	0.404 times
31 Thu Oct 2024	67.44	68.90	70.90	67.05	0.833 times
30 Wed Oct 2024	67.51	68.19	68.50	67.13	0.28 times
29 Tue Oct 2024	67.86	67.49	68.69	66.25	0.472 times
28 Mon Oct 2024	67.27	67.50	74.45	65.53	3.952 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.5, but if it comes above 65.5, then a intra day buy could be more profitable.
If you take a sell trade below 65.5, then use 65.5 as stoploss and 62.7 as target. However if you take a buy trade in stock , then use 65.5 as stoploss and 67.8 as target.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	50.77
Downside Target	52.94
Downside Target	60.79
Downside Target	62.23
Upside Target	64.50
Upside Target	67.35
Upside Target	69.38
Upside Target	69.59
Upside Target	72.09
Upside Target	73.49
Upside Target	74.45
Upside Target	77.14

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	61.61
Downside Intraday Target	58.81
Upside Intraday Target	68.4
Upside Intraday Target	72.39
Upside Intraday Target	65.6

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	64.41	66.95	69.59	62.80	0.523 times
01 Fri Nov 2024	66.33	67.50	74.45	65.22	1.639 times
25 Fri Oct 2024	67.76	68.20	69.38	62.23	0.35 times
18 Fri Oct 2024	69.28	68.80	77.14	67.35	1.756 times
11 Fri Oct 2024	67.74	67.00	73.49	64.50	1.269 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
08 Fri Nov 2024	64.41	67.88	69.59	62.80	0.124 times
31 Thu Oct 2024	67.44	70.00	77.14	62.23	1.022 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

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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Manaksia Steels in short term but the sell 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 green color and prices are in or below the green 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 positive zone. This is a BUY 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 67.31 and Manaksia Steels (MANAKSTEEL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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