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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 2025-06-23 View latest technical analysis

10 day averaged volume of Manaksia Steels is 547194

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	57.68	57.51	58.86	57.21	0.021 times
20 Fri Jun 2025	58.39	58.55	60.32	58.01	0.04 times
19 Thu Jun 2025	58.86	60.24	60.25	58.10	0.014 times
18 Wed Jun 2025	60.64	59.50	61.48	59.43	0.042 times
17 Tue Jun 2025	60.64	63.00	63.95	60.00	0.052 times
30 Wed Apr 2025	67.88	68.45	70.00	66.80	0.16 times
29 Tue Apr 2025	68.13	70.00	71.97	67.10	0.195 times
28 Mon Apr 2025	70.31	73.31	73.99	69.11	0.374 times
25 Fri Apr 2025	73.32	63.50	75.68	62.75	1.865 times
24 Thu Apr 2025	63.77	68.51	68.88	63.60	0.478 times

My analysis of stock is bearish for shortterm, and stock might move down till 49 or till 38.5. Use a stoploss of 57.74 and if the stock hits stoploss, then it can shoot up till 66.48

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	43.05
Downside Target	47.67
Downside Target	52.52
Downside Target	56.32
Upside Target	61.00
Upside Target	63.95
Upside Target	64.45
Upside Target	66.80
Upside Target	73.99
Upside Target	75.68

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	56.97
Downside Intraday Target	56.27
Upside Intraday Target	58.62
Upside Intraday Target	59.57
Upside Intraday Target	57.92

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	57.68	57.51	58.86	57.21	0.145 times
20 Fri Jun 2025	58.39	63.00	63.95	58.01	0.202 times
30 Wed Apr 2025	67.88	73.31	73.99	66.80	0.058 times
25 Fri Apr 2025	73.32	50.25	75.68	48.50	46.72 times
17 Thu Apr 2025	50.82	51.50	52.52	48.70	0.524 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
23 Mon Jun 2025	57.68	63.00	63.95	57.21	0.011 times
30 Wed Apr 2025	67.88	43.60	75.68	43.60	6.371 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

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 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 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.

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 SELL signal for Manaksia Steels in short term but the sell 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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 70.27 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 positive

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