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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 2024-10-04 View latest technical analysis

10 day averaged volume of Mangalam Cement is 63772

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	877.35	890.00	909.00	872.70	2.153 times
03 Thu Oct 2024	889.15	911.05	927.00	881.25	2.014 times
01 Tue Oct 2024	919.25	887.40	930.60	887.40	2.122 times
30 Mon Sep 2024	888.55	880.85	895.10	876.40	0.809 times
27 Fri Sep 2024	878.60	875.05	903.15	875.05	0.568 times
26 Thu Sep 2024	881.80	902.00	904.85	878.05	0.504 times
25 Wed Sep 2024	902.00	915.85	915.85	892.05	0.319 times
24 Tue Sep 2024	914.20	918.00	929.05	908.00	0.396 times
23 Mon Sep 2024	924.10	920.00	934.50	913.30	0.585 times
20 Fri Sep 2024	921.85	893.00	925.90	878.15	1.543 times

Stock of Mangalam Cement (MANGLMCEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 887.4, but if it comes above 887.4, then a intra day buy could be more profitable.
If you take a sell trade below 887.4, then use 887.4 as stoploss and 845.1 as target. However if you take a buy trade in stock , then use 887.4 as stoploss and 922.59 as target.

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	730.00
Downside Target	844.55
Downside Target	861.50
Upside Target	930.60
Upside Target	935.00
Upside Target	948.05
Upside Target	982.00
Upside Target	983.30
Upside Target	1019.95
Upside Target	1057.10
Upside Target	1093.70

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Intraday Target	856.5
Downside Intraday Target	835.65
Upside Intraday Target	914.4
Upside Intraday Target	951.45
Upside Intraday Target	893.55

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	877.35	880.85	930.60	872.70	2.991 times
27 Fri Sep 2024	878.60	920.00	934.50	875.05	0.414 times
20 Fri Sep 2024	921.85	947.80	948.05	871.10	0.509 times
13 Fri Sep 2024	938.65	1000.00	1019.95	934.80	0.461 times
06 Fri Sep 2024	996.40	1034.45	1093.70	983.30	1.896 times

Price has moved down 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
04 Fri Oct 2024	877.35	887.40	930.60	872.70	0.141 times
30 Mon Sep 2024	888.55	1034.45	1093.70	871.10	0.824 times
30 Fri Aug 2024	1020.10	972.95	1057.10	861.50	0.991 times
31 Wed Jul 2024	968.60	873.90	982.00	844.55	1.048 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 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 and the sell signal is strong.

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 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 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 899.43 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.