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

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

10 day averaged volume of Manorama is 6460

Date Daily Closing Price Open High Low Volume
15 Wed May 2024 551.15 546.40 557.50 543.00 0.792 times
14 Tue May 2024 557.60 579.95 579.95 549.40 1.306 times
13 Mon May 2024 578.30 610.00 613.00 555.40 1.144 times
10 Fri May 2024 584.55 577.90 587.80 560.10 0.304 times
09 Thu May 2024 560.10 574.05 580.00 551.50 0.553 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 552.8, but if it comes above 552.8, then a intra day buy could be more profitable.
If you take a sell trade below 552.8, then use 552.8 as stoploss and 503 as target. However if you take a buy trade in stock , then use 552.8 as stoploss and 594.33 as target.

Share price targets for Manorama (Manorama)

Target Type Value
Downside Target 289.40
Downside Target 410.15
Downside Target 431.35
Downside Target 543.00
Upside Target 574.00
Upside Target 613.00
Upside Target 645.50
Upside Target 659.90
Upside Target 696.15
Upside Target 1750.30
Upside Target 1861.00
Upside Target 2088.30
Upside Target 2138.00
Upside Target 2251.50

Intraday share price targets for Manorama (Manorama)

Target Type Value
Downside Intraday Target 525.1
Downside Intraday Target 499.05
Upside Intraday Target 595.1
Upside Intraday Target 639.05
Upside Intraday Target 569.05

Weekly technical analysis of Manorama (Manorama)

Date Weekly Closing Price Open High Low Volume
15 Wed May 2024 551.15 610.00 613.00 543.00 0.761 times
10 Fri May 2024 584.55 621.00 645.50 551.50 0.633 times
03 Fri May 2024 635.55 671.80 696.15 625.00 0.402 times
26 Fri Apr 2024 643.35 585.55 659.90 574.00 1.036 times
19 Fri Apr 2024 571.40 443.00 578.60 431.35 1.626 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 Manorama (Manorama)

Date Monthly Closing Price Open High Low Volume
15 Wed May 2024 551.15 630.00 670.00 543.00 0.13 times
30 Tue Apr 2024 637.80 417.00 696.15 410.15 2.87 times
28 Thu Mar 2024 399.15 1999.00 2138.00 289.40 4.196 times
29 Thu Feb 2024 1975.20 1870.70 2088.30 1750.30 0.869 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 Manorama (Manorama)

Indicator Name Indicator Value Indicator Signal
ADX 26, 23, 7 Buy
MACD -121, -134Buy
Stochastics 10Sell
CCI -101Sell
RSI 44Sell
OBV 39696Sell
VWAP 594Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

Price action analysis of Manorama ( (Manorama) ) 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 ( (Manorama) ) 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 ( (Manorama) ) 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 ( (Manorama) ) 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 Manorama stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Manorama 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 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 Manorama in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 594.29 and Manorama (Manorama) 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 (Manorama) stock. Volume based technical analysis of Manorama (Manorama) stock is negative.

Manorama 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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