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(MANAKSTEEL_BE) Manaksia Steels complete technical analysis [charts+indicators] | Buy/Sell Manaksia Steels | (MANAKSTEEL_BE) share price targets

Complete technical analysis of Manaksia Steels (MANAKSTEEL_BE) by charts plus indicators, forecast predictions and share price targets for Manaksia Steels (MANAKSTEEL_BE)

Showing technical analysis as on 2025-05-02 View latest technical analysis

10 day averaged volume of Manaksia Steels is 50718

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri May 2025	64.74	64.51	67.49	64.50	0.236 times
12 Fri Jul 2024	55.46	56.69	56.69	53.90	1.081 times
11 Thu Jul 2024	56.69	57.85	58.45	56.10	0.44 times
10 Wed Jul 2024	56.69	57.00	59.20	54.66	0.668 times
09 Tue Jul 2024	56.97	58.15	58.15	56.70	0.547 times
08 Mon Jul 2024	58.29	59.43	59.43	57.00	0.877 times
05 Fri Jul 2024	59.43	58.90	59.59	56.50	1.351 times
04 Thu Jul 2024	57.79	58.50	59.40	56.55	1.349 times
03 Wed Jul 2024	58.81	62.48	62.48	58.00	1.411 times
02 Tue Jul 2024	60.27	58.50	60.27	58.50	1.077 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 62.6, for a target of 59.3 or 56.53

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	51.65
Downside Target	53.50
Downside Target	57.45
Downside Target	59.43
Downside Target	62.48
Downside Target	64.50
Upside Target	64.95
Upside Target	67.49
Upside Target	70.95

Intraday share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Intraday Target	63.66
Downside Intraday Target	62.59
Upside Intraday Target	66.65
Upside Intraday Target	68.57
Upside Intraday Target	65.58

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri May 2025	64.74	64.51	67.49	64.50	0.065 times
12 Fri Jul 2024	55.46	59.43	59.43	53.90	0.566 times
05 Fri Jul 2024	59.43	57.00	62.48	55.25	3.227 times
28 Fri Jun 2024	54.67	53.55	54.67	53.55	1.274 times
21 Fri Jun 2024	53.55	55.75	56.00	53.50	1.158 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri May 2025	64.74	64.51	67.49	64.50	0.024 times
12 Fri Jul 2024	55.46	57.00	62.48	53.90	1.562 times
28 Fri Jun 2024	54.67	54.95	57.45	51.65	0.747 times
31 Fri May 2024	54.90	59.25	64.95	52.00	0.781 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_BE)

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 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 58.26 and Manaksia Steels (MANAKSTEEL_BE) 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_BE) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL_BE) 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.