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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.

Showing technical analysis as on 2024-08-19 View latest technical analysis

10 day averaged volume of Mangalore Chemicals is 509612

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	128.69	134.50	135.43	124.96	2.415 times
16 Fri Aug 2024	133.70	135.50	135.98	132.79	0.378 times
14 Wed Aug 2024	133.86	131.50	134.25	130.50	0.45 times
13 Tue Aug 2024	132.95	139.94	139.94	132.05	0.967 times
12 Mon Aug 2024	138.24	137.50	142.30	135.10	1.233 times
09 Fri Aug 2024	137.88	137.00	140.51	136.16	1.503 times
08 Thu Aug 2024	135.75	134.97	136.55	133.50	0.676 times
07 Wed Aug 2024	134.97	137.95	137.95	134.00	0.704 times
06 Tue Aug 2024	134.02	132.00	135.82	132.00	1.347 times
05 Mon Aug 2024	130.99	130.00	133.39	128.15	1.501 times

Stock of Mangalore Chemicals (MANGCHEFER) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 125.5 or till 118.6. Use a stoploss of 131.32 and if the stock hits stoploss, then it can shoot up till 137.09

Share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Target	94.40
Downside Target	102.50
Downside Target	104.85
Downside Target	116.19
Downside Target	123.21
Upside Target	135.43
Upside Target	140.00
Upside Target	140.51
Upside Target	142.30
Upside Target	144.65

Intraday share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Intraday Target	123.96
Downside Intraday Target	119.22
Upside Intraday Target	134.43
Upside Intraday Target	140.16
Upside Intraday Target	129.69

Weekly technical analysis of Mangalore Chemicals (MANGCHEFER)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	128.69	134.50	135.43	124.96	0.798 times
16 Fri Aug 2024	133.70	137.50	142.30	130.50	0.528 times
09 Fri Aug 2024	137.88	130.00	140.51	128.15	0.367 times
02 Fri Aug 2024	134.80	123.99	144.65	123.21	2.557 times
26 Fri Jul 2024	122.51	123.00	131.49	116.19	1.709 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
19 Mon Aug 2024	128.69	138.49	142.30	124.96	0.377 times
31 Wed Jul 2024	137.73	127.50	144.65	116.19	0.797 times
28 Fri Jun 2024	126.53	109.50	140.00	94.40	4.316 times
31 Fri May 2024	105.90	117.80	117.80	104.85	0.671 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

Mangalore Chemicals 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalore Chemicals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 133.5 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.