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

(MANALIPETC) Manali Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Manali Petrochemicals | (MANALIPETC) share price targets

Complete technical analysis of Manali Petrochemicals (MANALIPETC) by charts plus indicators, forecast predictions and share price targets for Manali Petrochemicals (MANALIPETC)

Manali Petrochemicals trades in NSE in Petrochemicals sector.

Showing technical analysis as on 2024-11-19 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 474919

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	61.62	62.27	64.00	61.00	0.743 times
18 Mon Nov 2024	62.27	63.22	65.00	61.10	0.539 times
14 Thu Nov 2024	63.22	62.45	63.99	61.76	0.638 times
13 Wed Nov 2024	62.10	62.60	63.38	61.01	1.041 times
12 Tue Nov 2024	62.62	65.97	66.59	61.84	0.995 times
11 Mon Nov 2024	65.97	66.70	68.00	65.05	0.669 times
08 Fri Nov 2024	66.56	66.90	67.24	66.00	0.4 times
07 Thu Nov 2024	66.85	67.00	68.79	66.50	0.907 times
06 Wed Nov 2024	66.75	66.88	68.74	65.67	2.134 times
05 Tue Nov 2024	66.63	67.40	69.00	65.60	2.354 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.4, but if it comes above 63.4, then a intra day buy could be more profitable.
If you take a sell trade below 63.4, then use 63.4 as stoploss and 59.5 as target. However if you take a buy trade in stock , then use 63.4 as stoploss and 66.56 as target.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	61.00
Upside Target	63.07
Upside Target	64.51
Upside Target	68.00
Upside Target	73.00
Upside Target	80.57
Upside Target	83.65
Upside Target	86.52
Upside Target	89.61
Upside Target	91.44
Upside Target	100.21
Upside Target	104.95

Intraday share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Intraday Target	60.08
Downside Intraday Target	58.54
Upside Intraday Target	64.08
Upside Intraday Target	66.54
Upside Intraday Target	62.54

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	61.62	63.22	65.00	61.00	0.383 times
14 Thu Nov 2024	63.22	66.70	68.00	61.01	0.547 times
08 Fri Nov 2024	66.56	72.40	73.38	65.60	2.288 times
01 Fri Nov 2024	72.57	65.40	73.00	64.51	0.635 times
25 Fri Oct 2024	65.31	73.00	74.83	63.07	1.401 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 Manali Petrochemicals (MANALIPETC)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	61.62	71.70	73.38	61.00	0.713 times
31 Thu Oct 2024	71.70	83.00	83.65	63.07	0.819 times
30 Mon Sep 2024	82.82	90.73	91.44	80.57	0.676 times
30 Fri Aug 2024	90.73	99.80	100.21	86.52	0.405 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 Manali Petrochemicals (MANALIPETC)

Price action analysis of Manali Petrochemicals ( (MANALIPETC) ) 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 Manali Petrochemicals ( (MANALIPETC) ) 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 Manali Petrochemicals ( (MANALIPETC) ) based on a short to mid 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 Manali Petrochemicals ( (MANALIPETC) ) 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 Manali Petrochemicals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Manali Petrochemicals in short term and the sell signal is strong.

Manali Petrochemicals 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 Manali Petrochemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Manali Petrochemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65 and Manali Petrochemicals (MANALIPETC) 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 Manali Petrochemicals (MANALIPETC) stock. Volume based technical analysis of Manali Petrochemicals (MANALIPETC) stock is negative.

Manali Petrochemicals 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.