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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 2025-03-24 View latest technical analysis

10 day averaged volume of Manaksia Steels is 62007

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	50.56	52.71	53.34	50.15	1.043 times
21 Fri Mar 2025	52.71	55.95	55.95	52.00	0.817 times
20 Thu Mar 2025	54.74	55.00	56.32	53.93	0.575 times
19 Wed Mar 2025	54.19	47.90	55.00	47.83	2.928 times
18 Tue Mar 2025	47.16	46.61	49.17	46.61	0.787 times
17 Mon Mar 2025	46.34	48.70	48.70	45.96	0.596 times
13 Thu Mar 2025	47.14	47.73	50.18	46.20	0.991 times
12 Wed Mar 2025	48.08	49.89	50.73	47.90	0.777 times
11 Tue Mar 2025	48.57	50.85	54.79	48.00	1.598 times
10 Mon Mar 2025	50.00	51.20	51.20	49.10	0.413 times

My analysis of stock is bullish for shortterm, and stock might move up till 52 or till 55. Use a stoploss of 49.58 and if this stock hits its stoploss, then it can fall down till 47.12

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	44.21
Downside Target	45.96
Downside Target	47.67
Downside Target	50.15
Upside Target	52.50
Upside Target	54.79
Upside Target	56.32
Upside Target	56.61
Upside Target	58.01
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	49.36
Downside Intraday Target	48.16
Upside Intraday Target	52.55
Upside Intraday Target	54.54
Upside Intraday Target	51.35

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	50.56	52.71	53.34	50.15	0.183 times
21 Fri Mar 2025	52.71	48.70	56.32	45.96	1.509 times
13 Thu Mar 2025	47.14	51.20	54.79	46.20	0.994 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

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
24 Mon Mar 2025	50.56	50.10	56.32	44.21	0.994 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 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 Steels (MANAKSTEEL)

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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Manaksia Steels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.64 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.