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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 2024-12-16 View latest technical analysis

10 day averaged volume of Manaksia Steels is 122518

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	64.03	63.70	65.77	63.70	0.424 times
13 Fri Dec 2024	63.65	64.77	64.77	56.61	1.266 times
12 Thu Dec 2024	64.39	65.29	65.48	63.80	0.211 times
11 Wed Dec 2024	64.32	65.64	66.85	63.85	0.765 times
10 Tue Dec 2024	65.35	66.25	67.15	65.01	0.505 times
09 Mon Dec 2024	65.91	64.60	69.00	64.60	0.854 times
06 Fri Dec 2024	65.15	64.85	66.09	64.12	0.643 times
05 Thu Dec 2024	64.48	65.20	67.00	64.00	1.927 times
04 Wed Dec 2024	65.30	61.53	66.90	59.91	2.522 times
03 Tue Dec 2024	62.03	62.88	63.39	61.70	0.697 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 64.8 as stoploss in an intra day sell trade for a target of 63.06. However, stock will show a bullish move above 64.8.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	50.77
Downside Target	52.94
Downside Target	56.61
Downside Target	58.01
Downside Target	59.91
Downside Target	62.23
Upside Target	65.77
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	63.23
Downside Intraday Target	62.43
Upside Intraday Target	65.3
Upside Intraday Target	66.57
Upside Intraday Target	64.5

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	64.03	63.70	65.77	63.70	0.118 times
13 Fri Dec 2024	63.65	64.60	69.00	56.61	0.563 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

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
16 Mon Dec 2024	64.03	62.05	69.00	56.61	0.853 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Weak and stock is losing 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. Bulls are getting stronger in this stock.

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

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 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 64.59 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 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.