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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 2025-03-12 View latest technical analysis

10 day averaged volume of Manaksia Steels is 47420

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	48.08	49.89	50.73	47.90	1.015 times
11 Tue Mar 2025	48.57	50.85	54.79	48.00	2.089 times
10 Mon Mar 2025	50.00	51.20	51.20	49.10	0.541 times
07 Fri Mar 2025	51.20	49.40	52.50	48.95	0.678 times
06 Thu Mar 2025	49.93	51.00	51.88	49.26	1.45 times
05 Wed Mar 2025	48.79	47.00	50.09	46.42	1.072 times
04 Tue Mar 2025	46.27	45.95	48.18	44.89	0.571 times
03 Mon Mar 2025	45.69	50.10	50.10	44.21	1.2 times
28 Fri Feb 2025	49.13	49.00	49.90	47.67	0.804 times
27 Thu Feb 2025	48.87	50.95	50.95	48.00	0.625 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48 as stoploss in an intra day buy trade for a target of 50.48. However, stock will show a bearish move below 48.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	44.21
Downside Target	47.67
Upside Target	49.31
Upside Target	52.50
Upside Target	54.79
Upside Target	56.61
Upside Target	58.01
Upside Target	59.00
Upside Target	61.00
Upside Target	64.45
Upside Target	69.00
Upside Target	69.59

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	45.72
Downside Intraday Target	43.37
Upside Intraday Target	52.61
Upside Intraday Target	57.15
Upside Intraday Target	50.26

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	48.08	51.20	54.79	47.90	0.733 times
07 Fri Mar 2025	51.20	50.10	52.50	44.21	1.656 times
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

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
12 Wed Mar 2025	48.08	50.10	54.79	44.21	0.457 times
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

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 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 Steels ( (MANAKSTEEL) ) 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 Steels ( (MANAKSTEEL) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Manaksia Steels in short term but the buy signal is initial and weak.

Manaksia Steels 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 red color and prices are below the red cloud Prices appear to be coming down

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 but selling is losing 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 48.58 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.