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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 2025-01-03 View latest technical analysis

10 day averaged volume of Manaksia Steels is 57047

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	62.66	60.84	63.30	60.61	1.04 times
02 Thu Jan 2025	60.85	62.98	64.45	60.70	1.972 times
01 Wed Jan 2025	61.92	60.00	62.97	59.56	1.41 times
31 Tue Dec 2024	59.41	59.75	61.40	58.17	0.977 times
30 Mon Dec 2024	60.10	60.90	61.38	59.50	0.667 times
27 Fri Dec 2024	60.45	59.50	61.09	59.39	0.354 times
26 Thu Dec 2024	60.03	61.60	64.89	59.85	2.067 times
24 Tue Dec 2024	60.69	62.00	62.48	60.35	0.57 times
23 Mon Dec 2024	61.42	63.50	63.66	61.00	0.826 times
20 Fri Dec 2024	62.37	64.00	64.00	62.12	0.518 times

My analysis of stock is bullish for shortterm, and stock might move up till 64.5 or till 66.8. Use a stoploss of 62.61 and if this stock hits its stoploss, then it can fall down till 60.72

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	52.94
Downside Target	56.61
Downside Target	58.01
Downside Target	59.39
Downside Target	62.23
Upside Target	64.45
Upside Target	65.77
Upside Target	67.00
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	59.07
Downside Intraday Target	55.48
Upside Intraday Target	65.35
Upside Intraday Target	68.04
Downside Intraday Target	61.76

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	62.66	60.90	64.45	58.17	1.59 times
27 Fri Dec 2024	60.45	63.50	64.89	59.39	0.832 times
20 Fri Dec 2024	62.37	63.70	65.77	61.01	0.593 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	62.66	60.00	64.45	59.56	0.14 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
31 Thu Oct 2024	67.44	70.00	77.14	62.23	1.022 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 60.93 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 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.