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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 2024-03-20 View latest technical analysis

10 day averaged volume of Mangalam Cement is 217222

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	644.60	641.55	655.40	617.90	0.616 times
19 Tue Mar 2024	635.75	665.00	678.60	635.00	0.52 times
18 Mon Mar 2024	659.35	655.00	675.05	639.00	0.946 times
15 Fri Mar 2024	668.70	662.45	679.65	650.40	1.153 times
14 Thu Mar 2024	673.05	652.35	685.65	635.00	0.401 times
13 Wed Mar 2024	652.35	697.40	701.70	651.05	0.842 times
12 Tue Mar 2024	701.75	728.50	742.05	696.00	0.805 times
11 Mon Mar 2024	734.20	746.00	766.00	730.00	1.52 times
07 Thu Mar 2024	746.40	766.90	772.00	740.00	1.062 times
06 Wed Mar 2024	762.75	780.30	783.55	725.55	1.147 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 668.4, but if it comes above 668.4, then a intra day buy could be more profitable.
If you take a sell trade below 668.4, then use 668.4 as stoploss and 615.3 as target. However if you take a buy trade in stock , then use 668.4 as stoploss and 712.61 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	678.60
Upside Target	720.30
Upside Target	749.90
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	615.47
Downside Intraday Target	586.33
Upside Intraday Target	676.17
Upside Intraday Target	707.73
Upside Intraday Target	647.03

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	644.60	655.00	678.60	617.90	0.441 times
15 Fri Mar 2024	668.70	746.00	766.00	635.00	0.662 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

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
20 Wed Mar 2024	644.60	738.40	812.00	617.90	0.937 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 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 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 and the sell signal is strong.

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 red color and prices are below the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 697.96 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.