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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 2025-03-26 View latest technical analysis

10 day averaged volume of Manaksia Steels is 71643

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Mar 2025	47.98	48.90	49.01	47.22	0.681 times
25 Tue Mar 2025	47.88	50.00	50.82	47.40	1.249 times
24 Mon Mar 2025	50.56	52.71	53.34	50.15	0.903 times
21 Fri Mar 2025	52.71	55.95	55.95	52.00	0.707 times
20 Thu Mar 2025	54.74	55.00	56.32	53.93	0.498 times
19 Wed Mar 2025	54.19	47.90	55.00	47.83	2.534 times
18 Tue Mar 2025	47.16	46.61	49.17	46.61	0.681 times
17 Mon Mar 2025	46.34	48.70	48.70	45.96	0.515 times
13 Thu Mar 2025	47.14	47.73	50.18	46.20	0.858 times
12 Wed Mar 2025	48.08	49.89	50.73	47.90	0.672 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.8 as stoploss in an intra day buy trade for a target of 49.24. However, stock will show a bearish move below 46.8.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	44.21
Downside Target	45.96
Downside Target	47.22
Upside Target	52.50
Upside Target	54.79
Upside Target	56.32
Upside Target	56.61
Upside Target	58.01
Upside Target	61.00
Upside Target	64.45
Upside Target	69.00
Upside Target	69.59

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	45.69
Downside Intraday Target	43.39
Upside Intraday Target	51.81
Upside Intraday Target	55.63
Upside Intraday Target	49.51

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Mar 2025	47.98	52.71	53.34	47.22	0.574 times
21 Fri Mar 2025	52.71	48.70	56.32	45.96	1.509 times
13 Thu Mar 2025	47.14	51.20	54.79	46.20	0.994 times
07 Fri Mar 2025	51.20	50.10	52.50	44.21	1.656 times
28 Fri Feb 2025	49.13	50.00	52.73	47.67	0.536 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
26 Wed Mar 2025	47.98	50.10	56.32	44.21	1.148 times
28 Fri Feb 2025	49.13	57.00	61.00	47.67	0.756 times
31 Fri Jan 2025	56.22	60.00	64.45	53.41	0.658 times
31 Tue Dec 2024	59.41	62.05	69.00	56.61	1.202 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a BUY signal for Manaksia Steels in short term but the buy signal is initial and weak.

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 moving up

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 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 50.41 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 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.