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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 2024-09-06 View latest technical analysis

10 day averaged volume of Mangalore Chemicals is 224794

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	129.85	131.95	132.00	129.00	0.734 times
05 Thu Sep 2024	130.99	130.50	132.49	130.00	0.679 times
04 Wed Sep 2024	130.44	129.12	132.99	129.01	0.927 times
03 Tue Sep 2024	131.24	134.15	134.96	130.95	1.479 times
02 Mon Sep 2024	133.58	131.23	134.40	130.93	0.951 times
30 Fri Aug 2024	131.23	133.00	134.43	131.00	0.613 times
29 Thu Aug 2024	132.87	133.25	134.50	130.14	0.835 times
28 Wed Aug 2024	133.14	133.51	136.81	132.70	1.07 times
27 Tue Aug 2024	133.51	133.60	135.95	132.50	1.045 times
26 Mon Aug 2024	133.07	135.00	135.00	130.11	1.333 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 130.7, but if it comes above 130.7, then a intra day buy could be more profitable.
If you take a sell trade below 130.7, then use 130.7 as stoploss and 127.8 as target. However if you take a buy trade in stock , then use 130.7 as stoploss and 133.1 as target.

Share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Target	94.40
Downside Target	104.85
Downside Target	116.19
Downside Target	124.96
Downside Target	128.15
Upside Target	134.96
Upside Target	136.81
Upside Target	139.50
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	127.58
Downside Intraday Target	125.31
Upside Intraday Target	133.54
Upside Intraday Target	137.23
Upside Intraday Target	131.27

Weekly technical analysis of Mangalore Chemicals (MANGCHEFER)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	129.85	131.23	134.96	129.00	0.974 times
30 Fri Aug 2024	131.23	135.00	136.81	130.11	0.418 times
23 Fri Aug 2024	133.15	134.50	139.50	124.96	1.706 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

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
06 Fri Sep 2024	129.85	131.23	134.96	129.00	0.11 times
30 Fri Aug 2024	131.23	138.49	142.30	124.96	0.507 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Mangalore Chemicals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Mangalore Chemicals 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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mangalore Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 132.12 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.