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(MANORAMA) Manorama Industries complete technical analysis [charts+indicators] | Buy/Sell Manorama Industries | (MANORAMA) share price targets

Complete technical analysis of Manorama Industries (MANORAMA) by charts plus indicators, forecast predictions and share price targets for Manorama Industries (MANORAMA)

Showing technical analysis as on 2024-12-13 View latest technical analysis

10 day averaged volume of Manorama Industries is 30674

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1135.35	1160.00	1179.20	1110.00	1.133 times
12 Thu Dec 2024	1160.65	1190.00	1190.00	1135.05	0.952 times
11 Wed Dec 2024	1191.35	1209.00	1213.40	1182.10	0.638 times
10 Tue Dec 2024	1194.35	1249.80	1256.00	1174.05	1.262 times
09 Mon Dec 2024	1230.40	1200.00	1236.65	1186.10	1.661 times
06 Fri Dec 2024	1183.40	1209.95	1209.95	1176.15	0.518 times
05 Thu Dec 2024	1198.65	1205.05	1205.05	1170.95	0.62 times
04 Wed Dec 2024	1189.95	1203.15	1203.15	1169.00	0.599 times
03 Tue Dec 2024	1177.50	1199.00	1211.45	1170.00	0.617 times
02 Mon Dec 2024	1184.30	1193.75	1216.00	1173.00	1.136 times

My analysis of stock is bearish for shortterm, and stock might move down till 1081.2 or till 1002.1. Use a stoploss of 1147.12 and if the stock hits stoploss, then it can shoot up till 1213.04

Share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Target	669.65
Downside Target	751.55
Downside Target	780.00
Downside Target	873.00
Downside Target	910.75
Downside Target	958.20
Downside Target	997.00
Downside Target	1022.80
Downside Target	1059.95
Downside Target	1105.95
Upside Target	1169.00
Upside Target	1216.00
Upside Target	1250.00
Upside Target	1256.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	1078.23
Downside Intraday Target	1021.12
Upside Intraday Target	1224.23
Upside Intraday Target	1313.12
Upside Intraday Target	1167.12

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1135.35	1200.00	1256.00	1110.00	1.618 times
06 Fri Dec 2024	1183.40	1193.75	1216.00	1169.00	0.268 times
29 Fri Nov 2024	1177.45	1150.00	1250.00	1120.00	2.708 times
22 Fri Nov 2024	1100.15	1078.00	1105.95	997.00	1.013 times
14 Thu Nov 2024	1025.20	1041.85	1059.95	976.00	0.267 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 Manorama Industries (MANORAMA)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1135.35	1193.75	1256.00	1110.00	0.221 times
29 Fri Nov 2024	1177.45	995.00	1250.00	958.20	0.544 times
31 Thu Oct 2024	984.30	831.00	1022.80	780.00	2.154 times
30 Mon Sep 2024	830.15	830.00	873.00	751.55	0.695 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 Manorama Industries (MANORAMA)

Price action analysis of Manorama Industries ( (MANORAMA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Price action analysis of Manorama Industries ( (MANORAMA) ) 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 Manorama Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Manorama Industries in short term but the sell signal is initial and weak.

Manorama Industries 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Manorama Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Manorama Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1186.86 and Manorama Industries (MANORAMA) 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 Manorama Industries (MANORAMA) stock. Volume based technical analysis of Manorama Industries (MANORAMA) stock is negative.

Manorama Industries Stock has given negative 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.