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(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 2025-01-30 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 18869

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	102.81	104.85	105.45	101.50	0.449 times
29 Wed Jan 2025	103.56	101.49	105.40	101.49	0.607 times
28 Tue Jan 2025	101.02	103.85	103.85	99.21	0.585 times
27 Mon Jan 2025	101.20	100.25	107.50	96.30	2.141 times
24 Fri Jan 2025	102.32	102.00	103.57	101.25	0.734 times
23 Thu Jan 2025	102.39	105.57	106.64	101.00	1.348 times
22 Wed Jan 2025	105.77	106.12	106.70	104.71	0.512 times
21 Tue Jan 2025	105.31	107.80	109.19	103.00	1.1 times
20 Mon Jan 2025	106.77	106.40	107.39	105.61	0.939 times
17 Fri Jan 2025	105.92	106.65	106.80	104.72	1.064 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 101.8 as stoploss in an intra day buy trade for a target of 107.03. However, stock will show a bearish move below 101.8.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	100.05
Upside Target	107.50
Upside Target	121.16
Upside Target	124.75
Upside Target	124.89
Upside Target	126.52
Upside Target	128.01
Upside Target	130.85
Upside Target	140.50

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	96.91
Downside Intraday Target	91
Upside Intraday Target	108.11
Upside Intraday Target	113.4
Downside Intraday Target	102.2

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	102.81	100.25	107.50	96.30	0.816 times
24 Fri Jan 2025	102.32	106.40	109.19	101.00	0.63 times
17 Fri Jan 2025	105.92	106.85	111.89	100.05	1.074 times
10 Fri Jan 2025	111.36	115.60	124.75	110.91	0.506 times
03 Fri Jan 2025	118.93	114.10	124.89	114.09	3.731 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 Mangalam Drugs (MANGALAM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	102.81	115.48	124.89	96.30	0.692 times
31 Tue Dec 2024	115.48	123.75	126.52	111.00	0.713 times
29 Fri Nov 2024	122.13	112.75	128.01	103.55	2.281 times
31 Thu Oct 2024	111.67	127.94	130.85	103.00	0.296 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Mangalam Drugs stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mangalam Drugs in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mangalam Drugs Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Mangalam Drugs 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 Mangalam Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 103.48 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.