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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 2024-10-29 View latest technical analysis

10 day averaged volume of Mangalam Cement is 70170

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	808.20	807.85	819.90	797.60	1.008 times
28 Mon Oct 2024	802.00	810.15	839.00	797.90	3.265 times
25 Fri Oct 2024	799.70	828.85	834.90	779.75	0.753 times
24 Thu Oct 2024	828.85	834.50	835.00	816.55	0.43 times
23 Wed Oct 2024	832.40	819.00	835.20	793.30	0.79 times
22 Tue Oct 2024	815.20	816.30	850.00	810.00	1.946 times
21 Mon Oct 2024	808.90	845.00	845.00	802.60	0.852 times
18 Fri Oct 2024	845.20	840.00	852.25	817.75	0.331 times
17 Thu Oct 2024	841.05	850.00	850.00	827.05	0.511 times
16 Wed Oct 2024	840.15	849.00	859.05	836.65	0.429 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 807 as stoploss in an intra day buy trade for a target of 838.34. However, stock will show a bearish move below 807.

Share price targets for Mangalam Cement (MANGLMCEM)

Target Type	Value
Downside Target	730.00
Downside Target	777.05
Downside Target	797.60
Upside Target	817.75
Upside Target	839.00
Upside Target	889.00
Upside Target	930.60
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	790.87
Downside Intraday Target	773.53
Upside Intraday Target	832.27
Upside Intraday Target	856.33
Upside Intraday Target	814.93

Weekly technical analysis of Mangalam Cement (MANGLMCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	808.20	810.15	839.00	797.60	0.896 times
25 Fri Oct 2024	799.70	845.00	850.00	779.75	1.898 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

Price has moved up 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
29 Tue Oct 2024	808.20	887.40	930.60	777.05	0.639 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 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 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 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 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 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 813.85 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.