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

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

Magnum Ventures trades in NSE in Paper & Paper Products sector.

Showing technical analysis as on 2024-11-01 View latest technical analysis

10 day averaged volume of Magnum Ventures is 100501

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	48.42	48.00	49.80	47.00	0.531 times
31 Thu Oct 2024	47.98	47.95	48.90	46.63	1.162 times
30 Wed Oct 2024	47.00	46.00	48.03	45.61	0.487 times
29 Tue Oct 2024	46.28	46.00	47.69	44.00	0.504 times
28 Mon Oct 2024	45.53	45.35	48.38	44.00	1.565 times
25 Fri Oct 2024	44.68	44.95	45.83	43.31	1.426 times
24 Thu Oct 2024	44.64	45.55	46.97	43.92	0.56 times
23 Wed Oct 2024	46.33	45.88	47.00	42.76	1.03 times
22 Tue Oct 2024	44.76	47.00	48.00	44.11	1.053 times
21 Mon Oct 2024	46.41	50.33	50.33	46.00	1.008 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.2 as stoploss in an intra day sell trade for a target of 47.13. However, stock will show a bullish move above 49.2.

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	41.65
Downside Target	42.76
Downside Target	44.00
Downside Target	47.00
Upside Target	49.80
Upside Target	50.33
Upside Target	51.48
Upside Target	52.60
Upside Target	54.02
Upside Target	55.48
Upside Target	55.95

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Intraday Target	45.01
Downside Intraday Target	41.61
Upside Intraday Target	50.81
Upside Intraday Target	53.21
Downside Intraday Target	47.41

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	48.42	45.35	49.80	44.00	0.837 times
25 Fri Oct 2024	44.68	50.33	50.33	42.76	0.727 times
18 Fri Oct 2024	49.11	50.07	51.48	47.80	0.251 times
11 Fri Oct 2024	50.07	46.72	52.60	41.65	7.025 times
04 Fri Oct 2024	45.07	48.50	48.50	44.50	1.354 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 Magnum Ventures (MAGNUM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	48.42	48.00	49.80	47.00	0.011 times
31 Thu Oct 2024	47.98	47.47	52.60	41.65	1.771 times
30 Mon Sep 2024	46.52	50.00	54.02	45.07	0.622 times
30 Fri Aug 2024	51.14	54.99	55.48	45.40	1.026 times

Scroll below to view daily charts

Price has moved up 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 Magnum Ventures (MAGNUM)

Price action analysis of Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures ( (MAGNUM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Magnum Ventures stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Magnum Ventures 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.

Magnum Ventures Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up

CCI has generated a buy signal for Magnum Ventures in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Magnum Ventures is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.03 and Magnum Ventures (MAGNUM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Magnum Ventures 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.