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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 2024-10-09 View latest technical analysis

10 day averaged volume of Mangalam Cement is 96089

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	833.65	827.15	848.80	825.00	0.637 times
08 Tue Oct 2024	827.15	789.80	835.95	777.05	1.701 times
07 Mon Oct 2024	789.20	888.30	888.30	780.50	2.403 times
04 Fri Oct 2024	877.35	890.00	909.00	872.70	1.429 times
03 Thu Oct 2024	889.15	911.05	927.00	881.25	1.337 times
01 Tue Oct 2024	919.25	887.40	930.60	887.40	1.408 times
30 Mon Sep 2024	888.55	880.85	895.10	876.40	0.537 times
27 Fri Sep 2024	878.60	875.05	903.15	875.05	0.377 times
26 Thu Sep 2024	881.80	902.00	904.85	878.05	0.335 times
25 Wed Sep 2024	902.00	915.85	915.85	892.05	0.212 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 855, but if it comes above 855, then a intra day buy could be more profitable.
If you take a sell trade below 855, then use 855 as stoploss and 803.3 as target. However if you take a buy trade in stock , then use 855 as stoploss and 898.01 as target.

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	730.00
Downside Target	777.05
Upside Target	844.55
Upside Target	861.50
Upside Target	930.60
Upside Target	934.80
Upside Target	935.00
Upside Target	948.05
Upside Target	982.00
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	777.7
Downside Intraday Target	721.75
Upside Intraday Target	888.95
Upside Intraday Target	944.25
Downside Intraday Target	833

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	833.65	888.30	888.30	777.05	1.007 times
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

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
09 Wed Oct 2024	833.65	887.40	930.60	777.05	0.301 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 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 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 Strong and stock is losing momentum.

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

Mangalam Cement Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Mangalam Cement in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mangalam Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 854.5 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.