(MANGALAM) Mangalam Drugs complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drugs | (MANGALAM) share price targets
Complete technical analysis of Mangalam Drugs (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drugs (MANGALAM)
Mangalam Drugs trades in NSE in Pharmaceuticals sector.
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Mangalam Drugs is 95807
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 113.70 | 111.70 | 115.40 | 111.70 | 0.347 times |
06 Wed Mar 2024 | 112.85 | 118.70 | 119.15 | 111.20 | 1.621 times |
05 Tue Mar 2024 | 118.70 | 119.95 | 123.45 | 118.25 | 0.835 times |
04 Mon Mar 2024 | 121.15 | 122.10 | 123.30 | 119.25 | 0.528 times |
02 Sat Mar 2024 | 122.10 | 122.25 | 124.50 | 120.40 | 0.175 times |
01 Fri Mar 2024 | 122.30 | 121.50 | 124.70 | 120.65 | 0.498 times |
29 Thu Feb 2024 | 122.05 | 121.35 | 124.05 | 117.75 | 0.667 times |
28 Wed Feb 2024 | 120.70 | 121.90 | 128.55 | 120.10 | 0.956 times |
27 Tue Feb 2024 | 121.90 | 126.25 | 126.80 | 121.10 | 0.696 times |
26 Mon Feb 2024 | 125.50 | 124.50 | 131.40 | 121.85 | 2.176 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 113.3 as stoploss in an intra day buy trade for a target of 119.05. However, stock will show a bearish move below 113.3.
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 93.80 |
Downside Target | 97.00 |
Downside Target | 102.05 |
Downside Target | 111.20 |
Downside Target | 113.55 |
Upside Target | 117.75 |
Upside Target | 119.70 |
Upside Target | 121.00 |
Upside Target | 123.45 |
Upside Target | 124.70 |
Upside Target | 131.40 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 108.78 |
Downside Intraday Target | 103.87 |
Upside Intraday Target | 121.03 |
Upside Intraday Target | 128.37 |
Upside Intraday Target | 116.12 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 113.70 | 122.10 | 123.45 | 111.20 | 0.645 times |
02 Sat Mar 2024 | 122.10 | 124.50 | 131.40 | 117.75 | 0.19 times |
23 Fri Feb 2024 | 123.35 | 120.00 | 132.45 | 113.55 | 3.446 times |
16 Fri Feb 2024 | 118.05 | 111.00 | 119.70 | 104.00 | 0.385 times |
09 Fri Feb 2024 | 112.60 | 104.25 | 121.00 | 104.25 | 4.403 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 Mangalam Drugs (MANGALAM)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 113.70 | 121.50 | 124.70 | 111.20 | 0.065 times |
29 Thu Feb 2024 | 122.05 | 109.15 | 132.45 | 104.00 | 2.655 times |
31 Wed Jan 2024 | 108.35 | 99.50 | 114.00 | 97.00 | 2.379 times |
29 Fri Dec 2023 | 98.15 | 97.95 | 102.05 | 94.60 | 0.952 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 Mangalam Drugs (MANGALAM)
Price action analysis of Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) based on a mid to longer 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.
ADX buy sell signal for Mangalam Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mangalam Drugs in short term but the sell signal is initial and weak.
Mangalam Drugs 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 SELL signal for Mangalam Drugs 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 Mangalam Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 120.3 and Mangalam Drugs (MANGALAM) 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 Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs 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.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) based on a mid to longer 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.
ADX buy sell signal for Mangalam Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mangalam Drugs in short term but the sell signal is initial and weak.
Mangalam Drugs 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 SELL signal for Mangalam Drugs 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 Mangalam Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 120.3 and Mangalam Drugs (MANGALAM) 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 Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs 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.
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Daily charts
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