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

(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 2025-02-03 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 18208

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	105.19	103.13	106.79	101.30	1.345 times
31 Fri Jan 2025	106.89	102.35	109.80	101.90	1.281 times
30 Thu Jan 2025	102.81	104.85	105.45	101.50	0.465 times
29 Wed Jan 2025	103.56	101.49	105.40	101.49	0.629 times
28 Tue Jan 2025	101.02	103.85	103.85	99.21	0.606 times
27 Mon Jan 2025	101.20	100.25	107.50	96.30	2.218 times
24 Fri Jan 2025	102.32	102.00	103.57	101.25	0.76 times
23 Thu Jan 2025	102.39	105.57	106.64	101.00	1.397 times
22 Wed Jan 2025	105.77	106.12	106.70	104.71	0.531 times
21 Tue Jan 2025	105.31	107.80	109.19	103.00	1.14 times

My analysis of stock is bearish for shortterm, and stock might move down till 101.8 or till 96.7. Use a stoploss of 106.05 and if the stock hits stoploss, then it can shoot up till 110.29

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	100.05
Upside Target	106.79
Upside Target	109.19
Upside Target	110.91
Upside Target	111.00
Upside Target	111.89
Upside Target	124.75
Upside Target	124.89
Upside Target	126.52
Upside Target	128.01
Upside Target	130.85

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	102.06
Downside Intraday Target	98.94
Upside Intraday Target	107.55
Upside Intraday Target	109.92
Downside Intraday Target	104.43

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	105.19	103.13	106.79	101.30	0.259 times
31 Fri Jan 2025	106.89	100.25	109.80	96.30	1.083 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

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
03 Mon Feb 2025	105.19	103.13	106.79	101.30	0.039 times
31 Fri Jan 2025	106.89	115.48	124.89	96.30	0.719 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

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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Drugs 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.

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. Bulls 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 Mangalam Drugs in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 103.55 and Mangalam Drugs (MANGALAM) 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 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.