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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 2025-04-24 View latest technical analysis

10 day averaged volume of Manaksia Steels is 607794

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	63.77	68.51	68.88	63.60	0.43 times
23 Wed Apr 2025	68.04	64.70	72.21	61.10	6.104 times
22 Tue Apr 2025	60.18	52.48	60.18	52.04	2.979 times
21 Mon Apr 2025	50.15	50.25	51.39	48.50	0.207 times
17 Thu Apr 2025	50.82	51.90	51.95	50.05	0.031 times
16 Wed Apr 2025	50.92	48.86	52.52	48.86	0.14 times
15 Tue Apr 2025	48.86	51.50	51.50	48.70	0.073 times
11 Fri Apr 2025	50.03	46.01	51.40	46.01	0.178 times
09 Wed Apr 2025	44.94	45.74	46.19	44.71	0.05 times
08 Tue Apr 2025	45.74	45.65	47.69	45.62	0.084 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 64.3, for a target of 56.9 or 50.75

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	43.05
Downside Target	47.67
Downside Target	51.40
Downside Target	52.52
Downside Target	54.55
Downside Target	56.32
Downside Target	56.61
Downside Target	61.00
Upside Target	64.45
Upside Target	69.00
Upside Target	72.21

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	50.78
Downside Intraday Target	37.78
Upside Intraday Target	74.49
Upside Intraday Target	85.2
Downside Intraday Target	61.49

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	63.77	50.25	72.21	48.50	39.838 times
17 Thu Apr 2025	50.82	51.50	52.52	48.70	0.524 times
11 Fri Apr 2025	50.03	45.30	51.40	44.25	0.747 times
04 Fri Apr 2025	48.80	43.60	54.55	43.60	0.835 times
28 Fri Mar 2025	44.17	52.71	53.34	43.05	1.283 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
24 Thu Apr 2025	63.77	43.60	72.21	43.60	5.259 times
28 Fri Mar 2025	44.17	50.10	56.32	43.05	1.429 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 64.19 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.