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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 2024-12-18 View latest technical analysis

10 day averaged volume of Manorama Industries is 27932

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1169.65	1178.80	1178.80	1130.00	0.974 times
17 Tue Dec 2024	1156.00	1139.00	1174.00	1121.05	0.843 times
16 Mon Dec 2024	1126.30	1178.90	1178.90	1118.00	1.048 times
13 Fri Dec 2024	1135.35	1160.00	1179.20	1110.00	1.245 times
12 Thu Dec 2024	1160.65	1190.00	1190.00	1135.05	1.046 times
11 Wed Dec 2024	1191.35	1209.00	1213.40	1182.10	0.701 times
10 Tue Dec 2024	1194.35	1249.80	1256.00	1174.05	1.386 times
09 Mon Dec 2024	1230.40	1200.00	1236.65	1186.10	1.824 times
06 Fri Dec 2024	1183.40	1209.95	1209.95	1176.15	0.569 times
05 Thu Dec 2024	1198.65	1205.05	1205.05	1170.95	0.681 times

My analysis of stock is bullish for shortterm, and stock might move up till 1206.4 or till 1254. Use a stoploss of 1166.68 and if this stock hits its stoploss, then it can fall down till 1126.97

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	1105.95
Downside 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	1132.13
Downside Intraday Target	1094.62
Upside Intraday Target	1193.03
Upside Intraday Target	1216.42
Downside Intraday Target	1155.52

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1169.65	1178.90	1178.90	1118.00	0.462 times
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

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 Manorama Industries (MANORAMA)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1169.65	1193.75	1256.00	1110.00	0.284 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Manorama Industries ( (MANORAMA) ) 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 Manorama Industries ( (MANORAMA) ) 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 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 gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Manorama Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Manorama Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1177.29 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.