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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 2024-12-10 View latest technical analysis

10 day averaged volume of Manaksia Steels is 108394

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	65.35	66.25	67.15	65.01	0.571 times
09 Mon Dec 2024	65.91	64.60	69.00	64.60	0.965 times
06 Fri Dec 2024	65.15	64.85	66.09	64.12	0.727 times
05 Thu Dec 2024	64.48	65.20	67.00	64.00	2.178 times
04 Wed Dec 2024	65.30	61.53	66.90	59.91	2.851 times
03 Tue Dec 2024	62.03	62.88	63.39	61.70	0.787 times
02 Mon Dec 2024	61.69	62.05	63.00	61.00	0.69 times
29 Fri Nov 2024	62.52	63.55	63.70	62.32	0.386 times
28 Thu Nov 2024	62.86	61.10	64.48	61.10	1.004 times
27 Wed Nov 2024	62.09	61.11	62.40	61.11	0.202 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.4, but if it comes below 64.4, then a intra day sell could be more profitable.
If you take a sell trade below 64.4, then use 64.4 as stoploss and 62.57 as target. However if you take a buy trade in stock , then use 64.4 as stoploss and 66.6 as target.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	50.77
Downside Target	52.94
Downside Target	58.01
Downside Target	62.23
Downside Target	64.99
Upside Target	67.00
Upside Target	67.28
Upside Target	69.00
Upside Target	69.59
Upside Target	72.09
Upside Target	77.14

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	63.63
Downside Intraday Target	61.92
Upside Intraday Target	68.03
Upside Intraday Target	70.72
Upside Intraday Target	66.32

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	65.35	64.60	69.00	64.60	0.212 times
06 Fri Dec 2024	65.15	62.05	67.00	59.91	2.136 times
29 Fri Nov 2024	62.52	62.50	67.28	60.01	1.659 times
22 Fri Nov 2024	61.17	63.00	63.90	58.01	0.618 times
14 Thu Nov 2024	62.08	63.45	64.99	59.00	0.735 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
10 Tue Dec 2024	65.35	62.05	69.00	59.91	0.635 times
29 Fri Nov 2024	62.52	67.88	69.59	58.01	0.338 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

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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Manaksia Steels 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 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. 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 SELL signal for Manaksia Steels in short term but SELL signal is weak.

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

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 64.29 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 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 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.