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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 2024-01-08 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 147934

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	27.10	26.00	27.95	25.60	3.687 times
05 Fri Jan 2024	25.80	26.10	26.40	25.60	0.791 times
04 Thu Jan 2024	25.95	26.05	26.60	25.35	1.514 times
03 Wed Jan 2024	25.50	26.10	26.20	25.05	0.783 times
02 Tue Jan 2024	25.70	25.70	26.10	25.05	1.944 times
01 Mon Jan 2024	25.30	24.50	26.45	24.25	1.994 times
29 Fri Dec 2023	24.30	24.40	24.80	24.20	0.415 times
28 Thu Dec 2023	24.55	24.25	24.75	24.20	0.768 times
27 Wed Dec 2023	24.45	24.80	25.00	24.10	0.617 times
26 Tue Dec 2023	24.45	23.90	24.90	23.90	0.384 times

Stock of Manaksia Aluminium (MANAKALUCO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.6, for a target of 25.6 or 24.82

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	22.65
Downside Target	25.00
Downside Target	25.60
Downside Target	25.80
Downside Target	26.60
Upside Target	27.95
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	25.82
Downside Intraday Target	24.53
Upside Intraday Target	28.17
Upside Intraday Target	29.23
Downside Intraday Target	26.88

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	27.10	26.00	27.95	25.60	0.525 times
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

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 Manaksia Aluminium (MANAKALUCO)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	27.10	24.50	27.95	24.25	0.724 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Manaksia Aluminium in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.85 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.