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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 2025-05-27 View latest technical analysis

10 day averaged volume of Manaksia Steels is 22260

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	62.39	61.69	62.80	60.55	0.14 times
26 Mon May 2025	61.69	62.89	62.89	61.50	0.255 times
23 Fri May 2025	61.82	62.49	62.99	61.10	0.134 times
22 Thu May 2025	62.95	64.80	64.80	61.61	0.366 times
21 Wed May 2025	62.56	63.99	63.99	62.00	0.451 times
20 Tue May 2025	63.74	64.42	64.48	61.70	0.466 times
19 Mon May 2025	64.42	64.00	65.00	63.51	1.195 times
16 Fri May 2025	62.98	59.99	62.98	59.01	3.406 times
15 Thu May 2025	59.99	60.79	61.78	59.60	0.973 times
14 Wed May 2025	60.87	64.70	64.70	59.10	1.968 times

My analysis of stock is bullish for shortterm, and stock might move up till 63.8 or till 67. Use a stoploss of 61.25 and if this stock hits its stoploss, then it can fall down till 58.65

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	51.65
Downside Target	53.90
Downside Target	56.00
Downside Target	59.01
Downside Target	60.55
Upside Target	62.48
Upside Target	64.50
Upside Target	64.95
Upside Target	65.00
Upside Target	66.89
Upside Target	67.49
Upside Target	70.95

Intraday share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Intraday Target	61
Downside Intraday Target	59.6
Upside Intraday Target	63.34
Upside Intraday Target	64.28
Downside Intraday Target	61.94

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	62.39	62.89	62.89	60.55	0.151 times
23 Fri May 2025	61.82	64.00	65.00	61.10	0.35 times
16 Fri May 2025	62.98	59.90	64.70	59.01	1.802 times
09 Fri May 2025	57.23	64.50	66.89	56.52	7.717 times
02 Fri May 2025	64.74	64.51	67.49	64.50	0.065 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
27 Tue May 2025	62.39	64.51	67.49	56.52	0.665 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 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_BE) ) 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_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 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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 62.36 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.