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

(MANAPPURAM) Manappuram Finance complete technical analysis [charts+indicators] | Buy/Sell Manappuram Finance | (MANAPPURAM) share price targets

Complete technical analysis of Manappuram Finance (MANAPPURAM) by charts plus indicators, forecast predictions and share price targets for Manappuram Finance (MANAPPURAM)

Manappuram Finance trades in NSE in Finance (including NBFCs) sector.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Manappuram Finance is 5172890

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	176.20	172.55	177.40	170.65	1.394 times
28 Wed Feb 2024	172.55	179.45	180.45	170.90	1.266 times
27 Tue Feb 2024	179.10	181.90	182.85	178.40	0.604 times
26 Mon Feb 2024	181.90	182.90	185.85	181.50	0.647 times
23 Fri Feb 2024	183.30	182.80	184.45	181.15	0.756 times
22 Thu Feb 2024	182.00	179.00	182.95	178.05	1.023 times
21 Wed Feb 2024	178.60	184.50	184.50	177.15	1.026 times
20 Tue Feb 2024	184.20	183.40	186.70	180.30	1.295 times
19 Mon Feb 2024	183.40	187.50	188.40	182.80	0.752 times
16 Fri Feb 2024	186.40	186.20	189.00	183.90	1.452 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 177.7, but if it comes above 177.7, then a intra day buy could be more profitable.
If you take a sell trade below 177.7, then use 177.7 as stoploss and 172.5 as target. However if you take a buy trade in stock , then use 177.7 as stoploss and 181.94 as target.

Share price targets for Manappuram Finance (MANAPPURAM)

Target Type	Value
Downside Target	125.35
Downside Target	134.40
Downside Target	150.45
Downside Target	158.25
Downside Target	163.35
Downside Target	166.65
Downside Target	170.05
Upside Target	176.50
Upside Target	185.85
Upside Target	188.20
Upside Target	188.40
Upside Target	189.00
Upside Target	192.50

Intraday share price targets for Manappuram Finance (MANAPPURAM)

Target Type	Value
Downside Intraday Target	169.28
Downside Intraday Target	162.37
Upside Intraday Target	184.48
Upside Intraday Target	192.77
Upside Intraday Target	177.57

Weekly technical analysis of Manappuram Finance (MANAPPURAM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	176.20	182.90	185.85	170.65	0.806 times
23 Fri Feb 2024	183.30	187.50	188.40	177.15	0.692 times
16 Fri Feb 2024	186.40	185.00	189.00	170.05	0.483 times
09 Fri Feb 2024	183.45	186.85	192.50	178.80	1.543 times
02 Fri Feb 2024	185.95	179.00	188.20	176.50	1.697 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 Manappuram Finance (MANAPPURAM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	176.20	176.50	192.50	170.05	0.849 times
31 Wed Jan 2024	184.75	172.10	188.20	163.35	1.029 times
29 Fri Dec 2023	172.00	165.10	177.55	158.25	0.723 times
30 Thu Nov 2023	164.40	136.00	166.65	134.40	2.03 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 Manappuram Finance (MANAPPURAM)

Price action analysis of Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Manappuram Finance stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Manappuram Finance in short term but the sell signal is initial and weak.

Manappuram Finance 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Manappuram Finance in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Manappuram Finance is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 180.62 and Manappuram Finance (MANAPPURAM) 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 Manappuram Finance (MANAPPURAM) stock. Volume based technical analysis of Manappuram Finance (MANAPPURAM) stock is negative.

Manappuram Finance Stock has given negative 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.