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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 2024-10-23 View latest technical analysis

10 day averaged volume of Mangalam Cement is 58726

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	832.40	819.00	835.20	793.30	0.944 times
22 Tue Oct 2024	815.20	816.30	850.00	810.00	2.326 times
21 Mon Oct 2024	808.90	845.00	845.00	802.60	1.018 times
18 Fri Oct 2024	845.20	840.00	852.25	817.75	0.396 times
17 Thu Oct 2024	841.05	850.00	850.00	827.05	0.61 times
16 Wed Oct 2024	840.15	849.00	859.05	836.65	0.513 times
15 Tue Oct 2024	849.10	861.25	869.65	845.50	0.828 times
14 Mon Oct 2024	858.65	862.00	868.35	851.40	0.656 times
11 Fri Oct 2024	862.30	843.80	889.00	834.55	1.932 times
10 Thu Oct 2024	839.30	830.10	850.45	829.95	0.679 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 821.5 as stoploss in an intra day buy trade for a target of 853.95. However, stock will show a bearish move below 821.5.

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	730.00
Downside Target	777.05
Downside Target	793.30
Downside Target	817.75
Upside Target	844.55
Upside Target	930.60
Upside Target	934.50
Upside Target	935.00
Upside Target	982.00
Upside Target	1057.10
Upside Target	1093.70

Intraday share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Intraday Target	800.47
Downside Intraday Target	768.53
Upside Intraday Target	857.17
Upside Intraday Target	881.93
Downside Intraday Target	825.23

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	832.40	845.00	850.00	793.30	1.428 times
18 Fri Oct 2024	845.20	862.00	869.65	817.75	0.29 times
11 Fri Oct 2024	862.30	888.30	889.00	777.05	1.345 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

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
23 Wed Oct 2024	832.40	887.40	930.60	777.05	0.505 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 gaining momentum.

MACD generated a SELL signal for Mangalam Cement in short term and the sell 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 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 moving up

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 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 836.83 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.