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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 2025-05-05 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 23993

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	76.28	76.99	78.49	76.10	0.95 times
02 Fri May 2025	77.02	78.99	79.25	76.56	0.708 times
30 Wed Apr 2025	78.02	79.00	79.01	77.10	0.262 times
29 Tue Apr 2025	78.04	79.19	79.73	77.81	0.899 times
28 Mon Apr 2025	79.19	78.50	81.45	77.99	1.086 times
25 Fri Apr 2025	80.25	83.80	83.80	79.28	0.927 times
24 Thu Apr 2025	83.02	82.13	84.11	81.80	1.113 times
23 Wed Apr 2025	82.13	83.04	83.67	81.36	0.513 times
22 Tue Apr 2025	82.03	84.40	84.40	81.70	1.32 times
21 Mon Apr 2025	83.89	84.39	85.93	82.60	0.848 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 76.2 as stoploss in an intra day buy trade for a target of 78.97. However, stock will show a bearish move below 76.2.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	72.01
Downside Target	74.05
Downside Target	76.10
Upside Target	78.49
Upside Target	81.45
Upside Target	83.80
Upside Target	85.93
Upside Target	91.20
Upside Target	93.67
Upside Target	96.30
Upside Target	116.02
Upside Target	124.89

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	75.42
Downside Intraday Target	74.57
Upside Intraday Target	77.81
Upside Intraday Target	79.35
Upside Intraday Target	76.96

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	76.28	76.99	78.49	76.10	0.321 times
02 Fri May 2025	77.02	78.50	81.45	76.56	0.626 times
25 Fri Apr 2025	80.25	84.39	85.93	79.28	1.385 times
17 Thu Apr 2025	81.72	78.99	83.80	78.50	1.153 times
11 Fri Apr 2025	77.69	77.00	79.00	72.01	0.529 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
05 Mon May 2025	76.28	78.99	79.25	76.10	0.088 times
30 Wed Apr 2025	78.02	75.58	85.93	72.01	0.341 times
28 Fri Mar 2025	74.30	93.67	93.67	74.05	2.253 times
28 Fri Feb 2025	91.92	103.13	116.02	91.20	0.934 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 to mid 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 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.

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 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 BUY signal in short term and the buying is gaining 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 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 80.22 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.