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

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

Showing technical analysis as on 2025-02-28 View latest technical analysis

10 day averaged volume of Manaksia Steels is 50244

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	49.13	49.00	49.90	47.67	0.759 times
27 Thu Feb 2025	48.87	50.95	50.95	48.00	0.59 times
25 Tue Feb 2025	49.53	51.80	52.73	49.21	0.915 times
24 Mon Feb 2025	51.07	50.00	52.50	49.82	0.569 times
21 Fri Feb 2025	51.65	52.90	54.59	50.49	1.166 times
20 Thu Feb 2025	53.27	52.13	55.00	50.60	0.694 times
19 Wed Feb 2025	51.98	50.80	52.68	49.31	1.082 times
18 Tue Feb 2025	51.00	53.50	53.50	50.71	1.292 times
17 Mon Feb 2025	51.42	55.65	55.65	50.77	1.052 times
14 Fri Feb 2025	53.12	56.31	56.31	52.21	1.628 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.6, but if it comes above 50.6, then a intra day buy could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 47.4 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 53.25 as target.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	47.67
Upside Target	49.31
Upside Target	52.73
Upside Target	54.59
Upside Target	58.01
Upside Target	61.00
Upside Target	62.23
Upside Target	64.45
Upside Target	69.00
Upside Target	69.59
Upside Target	77.14

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	46.96
Downside Intraday Target	44.78
Upside Intraday Target	52.02
Upside Intraday Target	54.9
Upside Intraday Target	49.84

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	49.13	50.00	52.73	47.67	0.536 times
21 Fri Feb 2025	51.65	55.65	55.65	49.31	1.073 times
14 Fri Feb 2025	53.12	56.20	59.00	50.00	1.036 times
07 Fri Feb 2025	56.80	57.00	61.00	54.59	1.34 times
31 Fri Jan 2025	56.22	56.00	59.10	53.41	0.761 times

Price has moved down 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 Steels (MANAKSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	49.13	57.00	61.00	47.67	0.756 times
31 Fri Jan 2025	56.22	60.00	64.45	53.41	0.658 times
31 Tue Dec 2024	59.41	62.05	69.00	56.61	1.202 times
29 Fri Nov 2024	62.52	67.88	69.59	58.01	0.338 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 Steels (MANAKSTEEL)

Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) 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 Steels ( (MANAKSTEEL) ) 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 Manaksia Steels ( (MANAKSTEEL) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Manaksia Steels in short term and the sell signal is strong.

Manaksia Steels Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Manaksia Steels in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Steels is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.34 and Manaksia Steels (MANAKSTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Manaksia Steels (MANAKSTEEL) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL) stock is negative.

Manaksia Steels Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.