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

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

10 day averaged volume of Manorama Industries is 28770

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	653.05	660.00	662.95	647.00	0.655 times
12 Fri Jul 2024	647.45	656.00	665.00	641.90	0.757 times
11 Thu Jul 2024	647.25	655.00	658.95	640.00	0.394 times
10 Wed Jul 2024	643.55	645.15	658.95	635.00	1.661 times
09 Tue Jul 2024	657.35	650.50	662.00	646.95	0.951 times
08 Mon Jul 2024	650.50	669.00	669.00	649.90	0.723 times
05 Fri Jul 2024	669.35	660.00	680.00	645.00	0.708 times
04 Thu Jul 2024	664.40	650.00	680.40	648.00	1.675 times
03 Wed Jul 2024	649.25	658.00	669.95	645.00	0.693 times
02 Tue Jul 2024	657.60	660.00	687.00	645.00	0.827 times

My analysis of stock is bearish for shortterm, and stock might move down till 641 or till 612.8. Use a stoploss of 664.48 and if the stock hits stoploss, then it can shoot up till 687.95

Share price targets for Manorama Industries (MANORAMA_BE)

Target Type	Value
Downside Target	545.00
Downside Target	569.35
Downside Target	621.00
Downside Target	635.00
Upside Target	662.95
Upside Target	687.00
Upside Target	696.00
Upside Target	729.50
Upside Target	1630.00
Upside Target	1810.00

Intraday share price targets for Manorama Industries (MANORAMA_BE)

Target Type	Value
Downside Intraday Target	645.72
Downside Intraday Target	638.38
Upside Intraday Target	661.67
Upside Intraday Target	670.28
Upside Intraday Target	654.33

Weekly technical analysis of Manorama Industries (MANORAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	653.05	660.00	662.95	647.00	0.146 times
12 Fri Jul 2024	647.45	669.00	669.00	635.00	0.814 times
05 Fri Jul 2024	669.35	636.00	687.00	636.00	1.336 times
28 Fri Jun 2024	633.75	694.85	696.00	621.00	0.836 times
21 Fri Jun 2024	690.65	719.00	729.50	675.10	0.652 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	653.05	636.00	687.00	635.00	0.475 times
28 Fri Jun 2024	633.75	624.00	729.50	569.35	0.67 times
31 Fri May 2024	608.30	639.70	665.00	545.00	1.364 times
30 Tue Apr 2024	634.90	640.10	670.35	580.00	7.698 times

Scroll below to view daily charts

Price has moved up 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_BE)

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Manorama Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 654.33 and Manorama Industries (MANORAMA_BE) 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_BE) stock. Volume based technical analysis of Manorama Industries (MANORAMA_BE) 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.