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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)

10 day averaged volume of Manaksia Steels is 11109

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Sep 2025	59.03	60.90	60.90	58.55	0.282 times
29 Mon Sep 2025	59.87	59.24	60.49	59.20	0.671 times
26 Fri Sep 2025	59.24	60.27	61.48	59.16	0.417 times
25 Thu Sep 2025	60.27	60.15	61.47	60.00	0.428 times
24 Wed Sep 2025	60.48	60.52	62.40	60.12	0.492 times
23 Tue Sep 2025	60.72	61.06	63.45	60.50	2.814 times
22 Mon Sep 2025	61.06	61.00	61.98	59.00	2.248 times
19 Fri Sep 2025	59.55	60.10	60.30	59.35	0.88 times
18 Thu Sep 2025	60.08	60.97	61.33	59.55	1.005 times
17 Wed Sep 2025	60.42	61.00	61.98	60.00	0.544 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.3, but if it comes above 59.3, then a intra day buy could be more profitable.
If you take a sell trade below 59.3, then use 59.3 as stoploss and 58.1 as target. However if you take a buy trade in stock , then use 59.3 as stoploss and 60.34 as target.

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	56.52
Upside Target	60.99
Upside Target	63.00
Upside Target	63.45
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	58.09
Downside Intraday Target	57.14
Upside Intraday Target	60.44
Upside Intraday Target	61.84
Upside Intraday Target	59.49

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Sep 2025	59.03	59.24	60.90	58.55	0.149 times
26 Fri Sep 2025	59.24	61.00	63.45	59.00	1.816 times
19 Fri Sep 2025	59.55	60.10	63.00	59.35	0.426 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

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
30 Tue Sep 2025	59.03	58.00	64.79	57.72	0.942 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 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 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 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 and the sell signal is strong.

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 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 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 60.41 and Manaksia Steels (MANAKSTEEL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.