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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 2024-03-14 View latest technical analysis

10 day averaged volume of Mangalam Cement is 247511

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	673.05	652.35	685.65	635.00	0.352 times
13 Wed Mar 2024	652.35	697.40	701.70	651.05	0.739 times
12 Tue Mar 2024	701.75	728.50	742.05	696.00	0.706 times
11 Mon Mar 2024	734.20	746.00	766.00	730.00	1.334 times
07 Thu Mar 2024	746.40	766.90	772.00	740.00	0.932 times
06 Wed Mar 2024	762.75	780.30	783.55	725.55	1.006 times
05 Tue Mar 2024	780.05	800.00	812.00	770.00	1.409 times
04 Mon Mar 2024	796.60	720.30	802.50	720.30	2.914 times
02 Sat Mar 2024	730.80	730.95	748.00	710.25	0.033 times
01 Fri Mar 2024	722.30	738.40	747.00	720.00	0.359 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 696.5, but if it comes above 696.5, then a intra day buy could be more profitable.
If you take a sell trade below 696.5, then use 696.5 as stoploss and 658.2 as target. However if you take a buy trade in stock , then use 696.5 as stoploss and 728.51 as target.

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	396.35
Downside Target	489.00
Downside Target	516.80
Downside Target	610.30
Downside Target	635.00
Upside Target	691.15
Upside Target	720.30
Upside Target	742.00
Upside Target	766.00
Upside Target	769.95
Upside Target	784.00
Upside Target	812.00

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Intraday Target	616.7
Downside Intraday Target	560.35
Upside Intraday Target	747.7
Upside Intraday Target	822.35
Upside Intraday Target	691.35

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	673.05	746.00	766.00	635.00	0.5 times
07 Thu Mar 2024	746.40	720.30	812.00	720.30	2.179 times
02 Sat Mar 2024	730.80	719.55	769.95	691.15	1.346 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

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
14 Thu Mar 2024	673.05	738.40	812.00	635.00	0.727 times
29 Thu Feb 2024	728.85	670.20	769.95	610.30	0.783 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

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 Cement (MANGLMCEM)

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) 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 Cement ( (MANGLMCEM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) 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 Cement stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Mangalam Cement 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 moving up

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

Stock of Mangalam Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 752.32 and Mangalam Cement (MANGLMCEM) 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 Cement (MANGLMCEM) stock. Volume based technical analysis of Mangalam Cement (MANGLMCEM) stock is negative.

Mangalam Cement Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.