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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 2024-01-18 View latest technical analysis

10 day averaged volume of Manaksteltd is 226204

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	59.97	55.01	60.69	55.01	0.832 times
17 Wed Jan 2024	57.13	57.00	58.20	56.50	0.144 times
16 Tue Jan 2024	57.92	58.00	59.00	53.95	0.684 times
15 Mon Jan 2024	57.74	58.78	59.30	56.05	0.237 times
12 Fri Jan 2024	57.62	62.00	62.35	57.00	1.266 times
11 Thu Jan 2024	61.90	52.24	62.02	52.24	6.659 times
10 Wed Jan 2024	51.69	53.06	53.50	50.95	0.056 times
09 Tue Jan 2024	52.02	52.06	53.97	51.65	0.244 times
08 Mon Jan 2024	52.16	48.52	52.95	48.52	0.531 times
05 Fri Jan 2024	48.68	49.74	49.75	48.16	0.129 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.8, but if it comes below 56.8, then a intra day sell could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 51.82 as target. However if you take a buy trade in stock , then use 56.8 as stoploss and 62.7 as target.

Share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Target	39.50
Downside Target	42.55
Downside Target	44.76
Downside Target	47.85
Downside Target	49.99
Downside Target	50.88
Downside Target	52.00
Downside Target	53.95
Downside Target	54.30
Upside Target	60.69
Upside Target	62.35

Intraday share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Intraday Target	55.72
Downside Intraday Target	51.46
Upside Intraday Target	62.46
Upside Intraday Target	64.94
Downside Intraday Target	58.2

Weekly technical analysis of Manaksteltd (Manaksteltd)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	59.97	58.78	60.69	53.95	0.217 times
12 Fri Jan 2024	57.62	48.52	62.35	48.52	22.024 times
05 Fri Jan 2024	48.68	52.00	52.00	47.85	0.36 times
29 Fri Dec 2023	47.72	44.76	50.88	44.76	3.543 times
22 Fri Dec 2023	44.82	48.65	48.65	43.31	0.416 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 Manaksteltd (Manaksteltd)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	59.97	52.00	62.35	47.85	4.005 times
29 Fri Dec 2023	47.72	47.50	50.88	43.31	2.343 times
30 Thu Nov 2023	44.98	42.60	49.99	42.55	1.073 times
31 Tue Oct 2023	42.28	46.00	48.29	39.50	0.405 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Manaksteltd (Manaksteltd)

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

MACD generated a BUY signal for Manaksteltd in short term and the buy signal is strong.

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 stronger in this stock.

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 Manaksteltd in short term and BUY signal is strong.

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.93 and Manaksteltd (Manaksteltd) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.