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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)

10 day averaged volume of Manaksia Steels is 669375

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 44.35 45.55 46.45 43.60 0.22 times
27 Fri Jan 2023 45.30 48.75 49.90 44.15 0.723 times
25 Wed Jan 2023 49.30 45.20 51.50 45.00 1.608 times
24 Tue Jan 2023 46.35 47.90 48.50 45.30 0.531 times
23 Mon Jan 2023 48.25 42.35 50.80 42.25 2.554 times
20 Fri Jan 2023 42.35 41.85 43.90 41.50 0.366 times
19 Thu Jan 2023 41.55 42.00 42.45 41.15 0.189 times
18 Wed Jan 2023 41.95 43.80 43.95 41.25 0.217 times
17 Tue Jan 2023 43.55 41.50 44.25 41.05 0.754 times
16 Mon Jan 2023 41.50 46.00 46.55 40.50 1.243 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 45.3 as stoploss in an intra day sell trade for a target of 40.81. However, stock will show a bullish move above 45.3.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type Value
Downside Target 31.80
Downside Target 34.25
Downside Target 35.00
Downside Target 36.50
Downside Target 37.75
Downside Target 39.80
Downside Target 42.00
Downside Target 43.60
Downside Target 44.20
Upside Target 46.45
Upside Target 46.55
Upside Target 51.50

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type Value
Downside Intraday Target 43.15
Downside Intraday Target 41.95
Upside Intraday Target 46
Upside Intraday Target 47.65
Upside Intraday Target 44.8

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 44.35 45.55 46.45 43.60 0.041 times
27 Fri Jan 2023 45.30 42.35 51.50 42.25 1.955 times
20 Fri Jan 2023 42.35 46.00 46.55 40.50 0.361 times
13 Fri Jan 2023 44.20 36.00 44.20 35.20 20.199 times
06 Fri Jan 2023 35.45 34.85 36.50 34.25 1.557 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
30 Mon Jan 2023 44.35 34.85 51.50 34.25 12.492 times
30 Fri Dec 2022 34.30 35.75 37.75 31.80 1.199 times
30 Wed Nov 2022 35.65 36.75 39.80 35.05 0.679 times
31 Mon Oct 2022 36.05 35.50 41.00 35.45 0.713 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 Steels (MANAKSTEEL)

Indicator Name Indicator Value Indicator Signal
ADX 34, 7, 67 Buy
MACD 5, 4Buy
Stochastics 59None
CCI 6Sell
RSI 60Buy
OBV 6549191Sell
VWAP 46Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 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 and the buy signal is strong.

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 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 Steels in short term but SELL signal is weak.

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 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 45.98 and Manaksia Steels (MANAKSTEEL) 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 Steels (MANAKSTEEL) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL) stock is negative.

Manaksia Steels 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.

Click here for Manaksia Steels charts

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Daily charts

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

Daily chart

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