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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 2024-08-12 View latest technical analysis

10 day averaged volume of Mangalam Cement is 173439

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	886.10	904.45	905.20	878.25	0.493 times
09 Fri Aug 2024	904.45	904.90	915.20	894.90	0.223 times
08 Thu Aug 2024	902.15	893.65	924.00	865.10	1.134 times
07 Wed Aug 2024	895.15	871.05	899.90	861.50	0.53 times
06 Tue Aug 2024	870.30	912.00	927.70	862.05	1.225 times
05 Mon Aug 2024	927.70	931.00	953.65	880.30	1.405 times
02 Fri Aug 2024	955.30	970.40	979.90	947.55	0.929 times
01 Thu Aug 2024	970.70	972.95	983.65	965.00	0.746 times
31 Wed Jul 2024	968.60	932.10	982.00	932.10	2.207 times
30 Tue Jul 2024	928.00	946.35	946.35	925.05	0.407 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 890.3, but if it comes above 890.3, then a intra day buy could be more profitable.
If you take a sell trade below 890.3, then use 890.3 as stoploss and 858.3 as target. However if you take a buy trade in stock , then use 890.3 as stoploss and 916.97 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	874.5
Downside Intraday Target	862.9
Upside Intraday Target	901.45
Upside Intraday Target	916.8
Upside Intraday Target	889.85

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	886.10	904.45	905.20	878.25	0.109 times
09 Fri Aug 2024	904.45	931.00	953.65	861.50	0.824 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

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
12 Mon Aug 2024	886.10	972.95	983.65	861.50	0.333 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 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 but selling 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 928.33 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.