Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-19 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 760225

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	31.60	29.45	31.90	29.30	0.96 times
18 Thu Jan 2024	28.80	28.95	29.80	27.30	0.355 times
17 Wed Jan 2024	28.75	29.75	30.00	28.50	0.209 times
16 Tue Jan 2024	29.65	31.50	32.00	29.00	0.567 times
15 Mon Jan 2024	31.00	30.55	31.60	28.15	0.89 times
12 Fri Jan 2024	30.05	33.00	33.40	29.60	1.57 times
11 Thu Jan 2024	32.20	27.05	32.20	27.00	5.086 times
10 Wed Jan 2024	26.85	27.25	27.60	26.60	0.137 times
09 Tue Jan 2024	27.05	27.20	27.95	26.75	0.315 times
08 Mon Jan 2024	27.10	26.00	27.95	25.60	0.718 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.7, but if it comes below 29.7, then a intra day sell could be more profitable.
If you take a sell trade below 29.7, then use 29.7 as stoploss and 27.15 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 32.8 as target.

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	22.65
Downside Target	23.90
Downside Target	25.00
Downside Target	25.60
Downside Target	26.60
Downside Target	27.30
Downside Target	28.60
Downside Target	28.70
Downside Target	29.60
Upside Target	32.00
Upside Target	33.40

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	28.6
Downside Intraday Target	25.6
Upside Intraday Target	33.3
Upside Intraday Target	35
Downside Intraday Target	30.3

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	31.60	30.55	32.00	27.30	0.381 times
12 Fri Jan 2024	30.05	26.00	33.40	25.60	5.724 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

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
19 Fri Jan 2024	31.60	24.50	33.40	24.25	4.229 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 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 30.87 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.