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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 2024-10-18 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 79827

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	31.47	30.90	31.84	30.90	0.363 times
17 Thu Oct 2024	31.62	33.20	34.08	31.50	2.582 times
16 Wed Oct 2024	32.46	32.13	33.17	32.05	0.271 times
15 Tue Oct 2024	32.88	33.65	34.85	32.60	0.564 times
14 Mon Oct 2024	33.91	34.01	35.02	33.46	0.803 times
11 Fri Oct 2024	33.76	33.30	34.00	32.57	0.852 times
10 Thu Oct 2024	32.50	31.81	33.35	31.80	0.256 times
09 Wed Oct 2024	31.79	31.32	32.87	30.30	0.382 times
08 Tue Oct 2024	31.31	31.02	31.87	29.33	0.398 times
24 Wed Jul 2024	33.29	32.20	33.29	31.23	2.222 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.8, but if it comes above 31.8, then a intra day buy could be more profitable.
If you take a sell trade below 31.8, then use 31.8 as stoploss and 30.6 as target. However if you take a buy trade in stock , then use 31.8 as stoploss and 32.81 as target.

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	23.95
Downside Target	27.21
Downside Target	28.50
Downside Target	29.33
Downside Target	30.50
Upside Target	31.80
Upside Target	34.00
Upside Target	34.59
Upside Target	35.02
Upside Target	35.88
Upside Target	46.00

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	29.91
Downside Intraday Target	28.34
Upside Intraday Target	34.03
Upside Intraday Target	36.58
Upside Intraday Target	32.46

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	31.47	34.01	35.02	30.90	2.428 times
11 Fri Oct 2024	33.76	31.02	34.00	29.33	0.364 times
24 Wed Jul 2024	33.29	32.21	34.40	31.05	0.303 times
19 Fri Jul 2024	33.04	31.10	34.59	30.50	0.482 times
12 Fri Jul 2024	32.11	27.50	35.88	27.50	7.671 times

Price has moved down 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
18 Fri Oct 2024	31.47	31.02	35.02	29.33	0.104 times
24 Wed Jul 2024	33.29	28.70	35.88	27.21	2.222 times
28 Fri Jun 2024	27.67	27.50	31.80	24.55	3.557 times
31 Fri May 2024	27.15	26.00	28.50	23.95	0.03 times

Scroll below to view daily charts

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 Manaksia Aluminium (MANAKALUCO)

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) 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 Manaksia Aluminium ( (MANAKALUCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) based on a short to mid 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Manaksia Aluminium in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Manaksia Aluminium in short term and SELL 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 32.59 and Manaksia Aluminium (MANAKALUCO) stock is trading below this level. This means that stock is falling with high volumes. 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 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.