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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 2024-08-21 View latest technical analysis

10 day averaged volume of Mangalam Cement is 152764

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1012.45	998.00	1043.95	998.00	1.458 times
20 Tue Aug 2024	1010.25	949.00	1018.00	901.00	3.088 times
19 Mon Aug 2024	941.60	924.25	946.50	924.25	0.752 times
16 Fri Aug 2024	924.25	927.30	947.90	911.00	0.52 times
14 Wed Aug 2024	924.15	908.20	929.90	890.00	0.858 times
13 Tue Aug 2024	905.95	896.00	924.70	886.55	0.69 times
12 Mon Aug 2024	886.10	904.45	905.20	878.25	0.56 times
09 Fri Aug 2024	904.45	904.90	915.20	894.90	0.253 times
08 Thu Aug 2024	902.15	893.65	924.00	865.10	1.287 times
07 Wed Aug 2024	895.15	871.05	899.90	861.50	0.602 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1012.8, for a target of 968.6 or 931.69

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	721.55
Downside Target	822.00
Downside Target	844.55
Downside Target	901.00
Downside Target	922.05
Downside Target	947.90
Downside Target	953.65
Downside Target	964.00
Downside Target	982.00
Downside Target	983.65
Upside Target	1043.95

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Intraday Target	927.65
Downside Intraday Target	842.85
Upside Intraday Target	1070.6
Upside Intraday Target	1128.75
Downside Intraday Target	985.8

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1012.45	924.25	1043.95	901.00	2.017 times
16 Fri Aug 2024	924.25	904.45	947.90	878.25	0.512 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1012.45	972.95	1043.95	861.50	0.655 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Cement ( (MANGLMCEM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mangalam Cement stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Cement in short term and the buy signal is strong.

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

Mangalam Cement Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 956.26 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 rising upwards.

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 is giving positive 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.