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 2025-01-13 View latest technical analysis

10 day averaged volume of Manaksia Steels is 51828

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	55.24	56.52	57.86	55.02	1.451 times
10 Fri Jan 2025	57.42	59.00	59.32	56.92	0.733 times
09 Thu Jan 2025	58.97	60.66	60.66	58.41	0.378 times
08 Wed Jan 2025	60.66	60.63	61.00	60.02	0.366 times
07 Tue Jan 2025	60.63	60.00	61.51	59.60	0.677 times
06 Mon Jan 2025	60.22	63.90	64.00	60.00	1.168 times
03 Fri Jan 2025	62.66	60.84	63.30	60.61	1.145 times
02 Thu Jan 2025	60.85	62.98	64.45	60.70	2.17 times
01 Wed Jan 2025	61.92	60.00	62.97	59.56	1.552 times
31 Tue Dec 2024	59.41	59.75	61.40	58.17	1.076 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 56.3, for a target of 58.8 or 60.83

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	52.94
Downside Target	55.02
Upside Target	56.61
Upside Target	59.39
Upside Target	61.01
Upside Target	62.23
Upside Target	64.00
Upside Target	64.89
Upside Target	65.77
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	54.22
Downside Intraday Target	53.2
Upside Intraday Target	57.06
Upside Intraday Target	58.88
Upside Intraday Target	56.04

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	55.24	56.52	57.86	55.02	0.437 times
10 Fri Jan 2025	57.42	63.90	64.00	56.92	0.498 times
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

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
13 Mon Jan 2025	55.24	60.00	64.45	55.02	0.278 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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Manaksia Steels in short term and the sell signal is strong.

Manaksia Steels Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 59.9 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.