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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 2024-08-06 View latest technical analysis

10 day averaged volume of Mangalam Cement is 201638

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	870.30	912.00	927.70	862.05	1.054 times
05 Mon Aug 2024	927.70	931.00	953.65	880.30	1.209 times
02 Fri Aug 2024	955.30	970.40	979.90	947.55	0.799 times
01 Thu Aug 2024	970.70	972.95	983.65	965.00	0.641 times
31 Wed Jul 2024	968.60	932.10	982.00	932.10	1.898 times
30 Tue Jul 2024	928.00	946.35	946.35	925.05	0.35 times
29 Mon Jul 2024	940.50	955.35	964.90	922.05	1.028 times
26 Fri Jul 2024	947.75	914.95	964.00	901.65	2.884 times
25 Thu Jul 2024	909.55	908.00	918.95	895.85	0.172 times
24 Wed Jul 2024	908.95	910.00	924.00	899.30	0.486 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 885.3, but if it comes above 885.3, then a intra day buy could be more profitable.
If you take a sell trade below 885.3, then use 885.3 as stoploss and 850.6 as target. However if you take a buy trade in stock , then use 885.3 as stoploss and 914.3 as target.

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	721.55
Downside Target	822.00
Downside Target	844.55
Upside Target	901.35
Upside Target	931.00
Upside Target	935.00
Upside Target	948.90
Upside Target	953.65
Upside Target	964.00
Upside Target	982.00
Upside Target	983.65

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Intraday Target	837.02
Downside Intraday Target	803.73
Upside Intraday Target	928.62
Upside Intraday Target	986.93
Upside Intraday Target	895.33

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	870.30	931.00	953.65	862.05	0.48 times
02 Fri Aug 2024	955.30	955.35	983.65	922.05	1.059 times
26 Fri Jul 2024	947.75	885.00	964.00	855.00	1.325 times
19 Fri Jul 2024	893.45	881.00	948.90	875.20	1.785 times
12 Fri Jul 2024	885.10	914.05	915.00	844.55	0.436 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
06 Tue Aug 2024	870.30	972.95	983.65	862.05	0.214 times
31 Wed Jul 2024	968.60	873.90	982.00	844.55	1.048 times
28 Fri Jun 2024	873.75	867.30	935.00	730.00	1.313 times
31 Fri May 2024	852.45	841.05	931.00	822.00	0.967 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 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 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 Mangalam Cement ( (MANGLMCEM) ) based on a mid to longer 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.

ADX buy sell signal for Mangalam Cement stock for short term is SELL. Signal strength is Weak 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 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 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 Mangalam Cement in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 939.64 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 positive

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