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

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

Showing technical analysis as on 2024-01-05 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 142259

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	25.80	26.10	26.40	25.60	0.823 times
04 Thu Jan 2024	25.95	26.05	26.60	25.35	1.575 times
03 Wed Jan 2024	25.50	26.10	26.20	25.05	0.814 times
02 Tue Jan 2024	25.70	25.70	26.10	25.05	2.021 times
01 Mon Jan 2024	25.30	24.50	26.45	24.25	2.073 times
29 Fri Dec 2023	24.30	24.40	24.80	24.20	0.432 times
28 Thu Dec 2023	24.55	24.25	24.75	24.20	0.799 times
27 Wed Dec 2023	24.45	24.80	25.00	24.10	0.642 times
26 Tue Dec 2023	24.45	23.90	24.90	23.90	0.399 times
22 Fri Dec 2023	23.90	24.60	24.65	23.50	0.822 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.3, but if it comes below 25.3, then a intra day sell could be more profitable.
If you take a sell trade below 25.3, then use 25.3 as stoploss and 24.66 as target. However if you take a buy trade in stock , then use 25.3 as stoploss and 26.1 as target.

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	22.65
Downside Target	25.00
Downside Target	25.80
Upside Target	26.60
Upside Target	28.60
Upside Target	28.70
Upside Target	29.60

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	24.5
Downside Intraday Target	23.2
Upside Intraday Target	26.85
Upside Intraday Target	27.9
Downside Intraday Target	25.55

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	25.80	24.50	26.60	24.25	3.216 times
29 Fri Dec 2023	24.30	23.90	25.00	23.90	0.433 times
22 Fri Dec 2023	23.90	24.70	25.80	23.35	1.288 times
15 Fri Dec 2023	24.60	24.30	25.00	23.60	1.176 times
08 Fri Dec 2023	23.95	24.50	24.70	23.40	2.708 times

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

Monthly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	25.80	24.50	26.60	24.25	0.475 times
29 Fri Dec 2023	24.30	24.40	25.80	23.35	0.689 times
30 Thu Nov 2023	24.20	25.50	28.70	23.00	2.206 times
31 Tue Oct 2023	25.40	28.60	28.60	22.65	0.337 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 Manaksia Aluminium (MANAKALUCO)

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) 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 Manaksia Aluminium ( (MANAKALUCO) ) 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 Manaksia Aluminium ( (MANAKALUCO) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Manaksia Aluminium stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Manaksia Aluminium 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.

Manaksia Aluminium Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Manaksia Aluminium in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Stock of Manaksia Aluminium is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.24 and Manaksia Aluminium (MANAKALUCO) 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 Manaksia Aluminium (MANAKALUCO) stock. Volume based technical analysis of Manaksia Aluminium (MANAKALUCO) stock is negative.

Manaksia Aluminium 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.