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 2024-11-27 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 342059

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	62.84	61.95	63.45	61.75	0.803 times
26 Tue Nov 2024	61.77	61.28	62.74	61.28	0.966 times
25 Mon Nov 2024	61.28	62.99	64.50	60.55	1.416 times
22 Fri Nov 2024	62.23	62.49	62.50	61.17	0.538 times
21 Thu Nov 2024	61.87	61.60	62.50	60.50	0.657 times
19 Tue Nov 2024	61.62	62.27	64.00	61.00	1.031 times
18 Mon Nov 2024	62.27	63.22	65.00	61.10	0.749 times
14 Thu Nov 2024	63.22	62.45	63.99	61.76	0.886 times
13 Wed Nov 2024	62.10	62.60	63.38	61.01	1.446 times
12 Tue Nov 2024	62.62	65.97	66.59	61.84	1.382 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 61.7 as stoploss in an intra day buy trade for a target of 65.44. However, stock will show a bearish move below 61.7.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	60.50
Upside Target	63.07
Upside Target	64.50
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	60.76
Downside Intraday Target	58.68
Upside Intraday Target	64.71
Upside Intraday Target	66.58
Downside Intraday Target	62.63

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	62.84	62.99	64.50	60.55	1.071 times
22 Fri Nov 2024	62.23	63.22	65.00	60.50	0.641 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

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 Manali Petrochemicals (MANALIPETC)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	62.84	71.70	73.38	60.50	0.919 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Manali Petrochemicals 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.

Manali Petrochemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Manali Petrochemicals in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 62.14 and Manali Petrochemicals (MANALIPETC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.