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

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

Showing technical analysis as on 2024-06-19 View latest technical analysis

10 day averaged volume of Manaksteltd is 9462

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	54.85	54.90	54.90	54.75	2.068 times
18 Tue Jun 2024	55.86	55.86	55.90	55.86	1.293 times
14 Fri Jun 2024	56.82	56.82	56.82	55.71	1.872 times
13 Thu Jun 2024	56.82	56.82	56.82	55.71	1.872 times
12 Wed Jun 2024	55.71	55.71	55.71	55.71	0.535 times
11 Tue Jun 2024	54.62	54.62	54.62	54.62	1.147 times
10 Mon Jun 2024	53.55	52.50	53.55	52.50	0.774 times
07 Fri Jun 2024	52.50	52.11	52.50	51.20	0.493 times
06 Thu Jun 2024	52.11	52.10	52.11	51.25	0.461 times
05 Wed Jun 2024	52.25	53.40	53.40	52.25	1.22 times

Stock of Manaksteltd (Manaksteltd) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 53.5 or till 51.1. Use a stoploss of 55.51 and if the stock hits stoploss, then it can shoot up till 57.51

Share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Target	51.20
Downside Target	54.75
Upside Target	56.82
Upside Target	57.06
Upside Target	58.20
Upside Target	61.74
Upside Target	65.95
Upside Target	70.80
Upside Target	71.00
Upside Target	77.60
Upside Target	96.75

Intraday share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Intraday Target	54.43
Downside Intraday Target	54.02
Upside Intraday Target	55.58
Upside Intraday Target	56.32
Upside Intraday Target	55.17

Weekly technical analysis of Manaksteltd (Manaksteltd)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	54.85	55.86	55.90	54.75	0.542 times
14 Fri Jun 2024	56.82	52.50	56.82	52.50	1.591 times
07 Fri Jun 2024	52.50	55.47	55.47	51.20	3.755 times
31 Fri May 2024	55.47	58.20	58.20	55.47	0.726 times
24 Fri May 2024	57.06	58.35	61.74	57.06	0.171 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 Manaksteltd (Manaksteltd)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	54.85	55.47	56.82	51.20	1.022 times
31 Fri May 2024	55.47	58.50	65.95	52.29	0.86 times
30 Tue Apr 2024	58.50	59.99	70.80	55.80	0.37 times
28 Thu Mar 2024	59.04	74.97	77.60	52.05	0.903 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 Manaksteltd (Manaksteltd)

Price action analysis of Manaksteltd ( (Manaksteltd) ) 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 Manaksteltd ( (Manaksteltd) ) based on a short 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.

Price action analysis of Manaksteltd ( (Manaksteltd) ) 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 Manaksteltd ( (Manaksteltd) ) 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 Manaksteltd stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Manaksteltd 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.

Manaksteltd Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Manaksteltd in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Manaksteltd is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.04 and Manaksteltd (Manaksteltd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Manaksteltd (Manaksteltd) stock. Volume based technical analysis of Manaksteltd (Manaksteltd) stock is negative.

Manaksteltd Stock is giving positive 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.