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(MANGLMCEM) Mangalam Cement complete technical analysis [charts+indicators] | Buy/Sell Mangalam Cement | (MANGLMCEM) share price targets

Complete technical analysis of Mangalam Cement (MANGLMCEM) by charts plus indicators, forecast predictions and share price targets for Mangalam Cement (MANGLMCEM)

Mangalam Cement trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Mangalam Cement is 167695

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	707.55	746.85	759.40	691.15	1.058 times
27 Tue Feb 2024	743.45	748.45	760.00	729.95	0.575 times
26 Mon Feb 2024	743.35	719.55	769.95	707.00	1.192 times
23 Fri Feb 2024	719.55	700.10	724.00	693.15	0.517 times
22 Thu Feb 2024	700.70	711.30	726.60	693.00	0.597 times
21 Wed Feb 2024	719.65	738.95	748.00	706.05	0.631 times
20 Tue Feb 2024	738.75	738.90	749.95	735.00	0.52 times
19 Mon Feb 2024	734.75	738.45	757.45	720.10	0.887 times
16 Fri Feb 2024	733.35	691.05	742.00	691.05	3.288 times
15 Thu Feb 2024	678.50	644.00	683.00	644.00	0.869 times

My analysis of stock is bullish for shortterm, and stock might move up till 726.8 or till 772.8. Use a stoploss of 688.53 and if this stock hits its stoploss, then it can fall down till 650.22

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	351.45
Downside Target	396.35
Downside Target	489.00
Downside Target	516.80
Downside Target	610.30
Downside Target	661.00
Downside Target	691.15
Upside Target	719.95
Upside Target	742.00
Upside Target	749.90
Upside Target	757.45
Upside Target	769.95
Upside Target	784.00

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Intraday Target	675.82
Downside Intraday Target	644.08
Upside Intraday Target	754.62
Upside Intraday Target	801.68
Upside Intraday Target	722.88

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	707.55	719.55	769.95	691.15	0.896 times
23 Fri Feb 2024	719.55	738.45	757.45	693.00	0.494 times
16 Fri Feb 2024	733.35	669.10	742.00	610.30	1.205 times
09 Fri Feb 2024	664.15	673.05	692.00	625.00	0.809 times
02 Fri Feb 2024	670.60	715.00	719.95	661.00	1.725 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 Cement (MANGLMCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	707.55	670.20	769.95	610.30	0.75 times
31 Wed Jan 2024	665.25	749.00	784.00	612.90	0.409 times
29 Fri Dec 2023	746.15	521.00	749.90	489.00	2.294 times
30 Thu Nov 2023	509.80	396.40	516.80	396.35	1.899 times

Scroll below to view daily charts

Price has moved up 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 Cement (MANGLMCEM)

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) 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 Cement ( (MANGLMCEM) ) based on a short 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 Mangalam Cement ( (MANGLMCEM) ) 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 Cement ( (MANGLMCEM) ) 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 Mangalam Cement stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mangalam Cement in short term and the buy signal is strong.

Mangalam Cement Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Mangalam Cement 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 Mangalam Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 724.62 and Mangalam Cement (MANGLMCEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mangalam Cement (MANGLMCEM) stock. Volume based technical analysis of Mangalam Cement (MANGLMCEM) stock is negative.

Mangalam Cement Stock is giving positive 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.