Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-09-16 View latest technical analysis

10 day averaged volume of Manaksia Steels is 13890

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Sep 2025	60.96	62.30	62.30	60.60	0.401 times
15 Mon Sep 2025	61.47	60.10	63.00	59.80	0.476 times
12 Fri Sep 2025	61.48	62.50	64.00	60.60	0.849 times
11 Thu Sep 2025	62.27	64.79	64.79	60.25	1.895 times
10 Wed Sep 2025	62.68	59.49	62.88	59.49	2.556 times
09 Tue Sep 2025	59.89	58.51	60.90	58.51	0.627 times
08 Mon Sep 2025	59.46	60.49	60.49	58.51	0.696 times
05 Fri Sep 2025	59.35	59.12	59.97	59.12	0.866 times
04 Thu Sep 2025	59.22	59.98	60.20	59.02	0.458 times
03 Wed Sep 2025	59.21	60.00	60.00	57.72	0.74 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61.1 as stoploss in an intra day sell trade for a target of 59.95. However, stock will show a bullish move above 61.1.

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	56.52
Downside Target	59.80
Upside Target	61.00
Upside Target	61.15
Upside Target	63.00
Upside Target	64.44
Upside Target	64.79
Upside Target	66.90
Upside Target	68.77
Upside Target	69.05

Intraday share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Intraday Target	59.51
Downside Intraday Target	58.05
Upside Intraday Target	62.71
Upside Intraday Target	64.45
Upside Intraday Target	61.25

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Sep 2025	60.96	60.10	63.00	59.80	0.132 times
12 Fri Sep 2025	61.48	60.49	64.79	58.51	2.044 times
05 Fri Sep 2025	59.35	58.00	60.99	57.72	1.325 times
29 Fri Aug 2025	58.07	59.32	61.00	57.60	0.704 times
22 Fri Aug 2025	59.32	58.90	61.15	58.11	0.57 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Sep 2025	60.96	58.00	64.79	57.72	0.545 times
29 Fri Aug 2025	58.07	65.35	66.90	57.28	0.735 times
31 Thu Jul 2025	67.79	63.25	69.05	60.45	1.712 times
16 Mon Jun 2025	62.94	62.03	64.44	58.25	0.448 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 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_BE) ) 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_BE) ) 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_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 but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 61.21 and Manaksia Steels (MANAKSTEEL_BE) 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_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 negative.

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