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(MANGCHEFER) Mangalore Chemicals complete technical analysis [charts+indicators] | Buy/Sell Mangalore Chemicals | (MANGCHEFER) share price targets

Complete technical analysis of Mangalore Chemicals (MANGCHEFER) by charts plus indicators, forecast predictions and share price targets for Mangalore Chemicals (MANGCHEFER)

Mangalore Chemicals trades in NSE in Fertilizers sector.

10 day averaged volume of Mangalore Chemicals is 242735

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	106.70	105.70	108.30	105.70	0.438 times
09 Thu May 2024	106.05	108.40	109.40	105.65	0.838 times
08 Wed May 2024	108.15	109.40	110.50	107.70	1.526 times
07 Tue May 2024	109.25	112.10	113.25	109.05	0.657 times
06 Mon May 2024	112.40	114.00	114.70	110.70	0.979 times
03 Fri May 2024	114.05	117.75	117.75	113.70	0.981 times
02 Thu May 2024	116.20	117.80	117.80	115.10	0.663 times
30 Tue Apr 2024	116.45	117.90	118.10	116.00	1.593 times
29 Mon Apr 2024	117.15	118.80	118.90	116.55	0.919 times
26 Fri Apr 2024	117.25	116.25	118.55	116.10	0.991 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 105, for a target of 110.4 or 114.82

Share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Target	99.85
Downside Target	102.50
Downside Target	105.65
Upside Target	110.00
Upside Target	112.55
Upside Target	120.60
Upside Target	122.00
Upside Target	124.90
Upside Target	126.20
Upside Target	146.50
Upside Target	156.10

Intraday share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Intraday Target	103.33
Downside Intraday Target	99.97
Upside Intraday Target	112.38
Upside Intraday Target	118.07
Upside Intraday Target	109.02

Weekly technical analysis of Mangalore Chemicals (MANGCHEFER)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	106.70	114.00	114.70	105.65	1.068 times
03 Fri May 2024	114.05	118.80	118.90	113.70	0.946 times
26 Fri Apr 2024	117.25	115.40	119.50	114.40	0.769 times
19 Fri Apr 2024	113.65	114.00	122.00	112.55	0.566 times
12 Fri Apr 2024	117.10	121.40	126.20	116.00	0.871 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 Mangalore Chemicals (MANGCHEFER)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	106.70	117.80	117.80	105.65	0.177 times
30 Tue Apr 2024	116.45	102.50	126.20	102.50	0.848 times
28 Thu Mar 2024	101.35	123.05	124.90	99.85	0.34 times
29 Thu Feb 2024	122.60	145.60	146.50	110.00	0.797 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 Mangalore Chemicals (MANGCHEFER)

Price action analysis of Mangalore Chemicals ( (MANGCHEFER) ) 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 Mangalore Chemicals ( (MANGCHEFER) ) 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 Mangalore Chemicals ( (MANGCHEFER) ) 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 Mangalore Chemicals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mangalore Chemicals in short term and the sell signal is strong.

Mangalore Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Mangalore Chemicals 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 Mangalore Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 112.75 and Mangalore Chemicals (MANGCHEFER) 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 Mangalore Chemicals (MANGCHEFER) stock. Volume based technical analysis of Mangalore Chemicals (MANGCHEFER) stock is negative.

Mangalore Chemicals 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.