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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 2024-05-09 View latest technical analysis

10 day averaged volume of Manaksteltd is 3868

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	53.35	54.00	54.00	53.35	0.688 times
08 Wed May 2024	54.43	54.43	54.43	54.43	2.148 times
07 Tue May 2024	55.54	55.54	55.54	55.54	0.245 times
06 Mon May 2024	56.67	56.67	56.67	56.67	0.896 times
03 Fri May 2024	57.82	58.55	58.55	57.82	0.488 times
02 Thu May 2024	59.00	58.50	59.00	58.50	0.65 times
30 Tue Apr 2024	58.50	58.93	58.93	58.00	1.593 times
29 Mon Apr 2024	59.00	59.20	59.20	58.60	1.01 times
26 Fri Apr 2024	58.04	58.04	58.04	58.04	0.565 times
25 Thu Apr 2024	56.91	56.91	56.91	56.91	0.325 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.5, but if it comes above 55.5, then a intra day buy could be more profitable.
If you take a sell trade below 55.5, then use 55.5 as stoploss and 51.5 as target. However if you take a buy trade in stock , then use 55.5 as stoploss and 58.72 as target.

Share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Target	47.85
Downside Target	52.05
Downside Target	53.35
Upside Target	55.80
Upside Target	57.82
Upside Target	62.20
Upside Target	63.46
Upside Target	67.41
Upside Target	70.80
Upside Target	71.00
Upside Target	77.60
Upside Target	96.75
Upside Target	107.10

Intraday share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Intraday Target	52.24
Downside Intraday Target	51.14
Upside Intraday Target	55.56
Upside Intraday Target	57.78
Upside Intraday Target	54.46

Weekly technical analysis of Manaksteltd (Manaksteltd)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	53.35	56.67	56.67	53.35	1.063 times
03 Fri May 2024	57.82	59.20	59.20	57.82	0.488 times
26 Fri Apr 2024	58.04	58.50	58.50	55.80	1.832 times
19 Fri Apr 2024	58.56	62.20	62.20	58.56	3.303 times
12 Fri Apr 2024	63.46	67.41	67.41	63.46	0.058 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
09 Thu May 2024	53.35	58.50	59.00	53.35	0.137 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
29 Thu Feb 2024	73.50	91.00	96.75	71.00	0.089 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Manaksteltd in short term and the sell signal is strong.

Manaksteltd 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 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 and SELL 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

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 56.77 and Manaksteltd (Manaksteltd) 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 Manaksteltd (Manaksteltd) stock. Volume based technical analysis of Manaksteltd (Manaksteltd) stock is negative.

Manaksteltd Stock has given negative 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.