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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)

10 day averaged volume of Manaksteltd is 3868

Date Daily Closing Price Open High Low Volume
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

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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.9, but if it comes above 55.9, then a intra day buy could be more profitable.
If you take a sell trade below 55.9, then use 55.9 as stoploss and 51.6 as target. However if you take a buy trade in stock , then use 55.9 as stoploss and 59.43 as target.

Share price targets for Manaksteltd (Manaksteltd)

Target Type Value
Downside Target 47.85
Downside Target 52.05
Downside Target 54.43
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 53.68
Downside Intraday Target 52.94
Upside Intraday Target 55.92
Upside Intraday Target 57.42
Upside Intraday Target 55.18

Weekly technical analysis of Manaksteltd (Manaksteltd)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 54.43 56.67 56.67 54.43 0.879 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
08 Wed May 2024 54.43 58.50 59.00 54.43 0.118 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 22, 52, 41 Sell
MACD -4, -4Sell
Stochastics 9Sell
CCI -143Sell
RSI 60Buy
OBV -54144Sell
VWAP 57Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 in or above 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 56.8 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 positive

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

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