Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-22 View latest technical analysis

10 day averaged volume of Mangalam Cement is 181467

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	706.35	678.70	713.55	668.00	0.664 times
21 Thu Mar 2024	678.70	646.10	684.00	645.50	0.586 times
20 Wed Mar 2024	644.60	641.55	655.40	617.90	0.738 times
19 Tue Mar 2024	635.75	665.00	678.60	635.00	0.622 times
18 Mon Mar 2024	659.35	655.00	675.05	639.00	1.132 times
15 Fri Mar 2024	668.70	662.45	679.65	650.40	1.38 times
14 Thu Mar 2024	673.05	652.35	685.65	635.00	0.48 times
13 Wed Mar 2024	652.35	697.40	701.70	651.05	1.008 times
12 Tue Mar 2024	701.75	728.50	742.05	696.00	0.963 times
11 Mon Mar 2024	734.20	746.00	766.00	730.00	1.819 times

My analysis of stock is bearish for shortterm, and stock might move down till 666.1 or till 612.4. Use a stoploss of 710.85 and if the stock hits stoploss, then it can shoot up till 755.61

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
Downside Target	691.15
Upside Target	713.55
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	644.98
Downside Intraday Target	583.62
Upside Intraday Target	740.63
Upside Intraday Target	774.92
Downside Intraday Target	679.27

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	706.35	655.00	713.55	617.90	0.662 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 up 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
22 Fri Mar 2024	706.35	738.40	812.00	617.90	1.006 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mangalam Cement 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Cement in short term and BUY 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

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 681.33 and Mangalam Cement (MANGLMCEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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