(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 986129
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 51.10 | 50.00 | 54.60 | 49.75 | 2.035 times |
| 14 Fri Jan 2022 | 49.50 | 41.70 | 50.20 | 40.70 | 2.725 times |
| 13 Thu Jan 2022 | 41.85 | 41.60 | 42.30 | 40.60 | 0.158 times |
| 12 Wed Jan 2022 | 40.80 | 40.80 | 42.75 | 39.60 | 0.253 times |
| 11 Tue Jan 2022 | 39.90 | 44.50 | 44.95 | 38.80 | 0.43 times |
| 10 Mon Jan 2022 | 44.70 | 44.60 | 46.85 | 44.05 | 0.315 times |
| 07 Fri Jan 2022 | 44.10 | 44.40 | 48.75 | 42.00 | 2.035 times |
| 06 Thu Jan 2022 | 41.75 | 35.65 | 42.40 | 35.65 | 1.243 times |
| 05 Wed Jan 2022 | 36.15 | 36.80 | 37.75 | 34.50 | 0.278 times |
| 04 Tue Jan 2022 | 36.80 | 39.40 | 41.80 | 35.45 | 1.104 times |
Stock of Manaksia Steels (MANAKSTEEL) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 51.2, for a target of 43.8 or 37.6
Share price targets for Manaksia Steels (MANAKSTEEL)
| Target Type | Value |
| Downside Target | 28.10 |
| Downside Target | 29.55 |
| Downside Target | 31.35 |
| Downside Target | 32.70 |
| Downside Target | 33.80 |
| Downside Target | 37.95 |
| Downside Target | 38.80 |
| Downside Target | 40.10 |
| Downside Target | 40.20 |
| Downside Target | 48.75 |
| Downside Target | 49.75 |
| Downside Target | 50.20 |
| Upside Target | 54.60 |
Intraday share price targets for Manaksia Steels (MANAKSTEEL)
| Target Type | Value |
| Downside Intraday Target | 49.03 |
| Downside Intraday Target | 46.97 |
| Upside Intraday Target | 53.88 |
| Upside Intraday Target | 56.67 |
| Upside Intraday Target | 51.82 |
Weekly technical analysis of Manaksia Steels (MANAKSTEEL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 51.10 | 50.00 | 54.60 | 49.75 | 0.524 times |
| 14 Fri Jan 2022 | 49.50 | 44.60 | 50.20 | 38.80 | 0.634 times |
| 07 Fri Jan 2022 | 44.10 | 32.30 | 48.75 | 31.75 | 3.542 times |
| 31 Fri Dec 2021 | 32.00 | 32.70 | 34.35 | 31.35 | 6.755 times |
| 24 Fri Dec 2021 | 31.65 | 32.00 | 32.70 | 29.55 | 0.6 times |
Price has moved up 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 |
| 17 Mon Jan 2022 | 51.10 | 32.30 | 54.60 | 31.75 | 2.929 times |
| 31 Fri Dec 2021 | 32.00 | 36.80 | 37.95 | 29.55 | 2.005 times |
| 30 Tue Nov 2021 | 36.05 | 30.10 | 40.10 | 28.30 | 1.44 times |
| 29 Fri Oct 2021 | 29.90 | 31.90 | 33.80 | 28.10 | 0.468 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 | 51, 12, 63 | Buy |
| MACD | 6, 4 | Buy |
| Stochastics | 80 | Buy |
| CCI | 169 | Buy |
| RSI | 62 | Buy |
| OBV | 9222639 | Sell |
| VWAP | 45 | Buy |
| ADL | 0 | Sell |
| ROC | 33 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) based on a short term time period is
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 gaining momentum.
MACD generated a BUY signal for Manaksia Steels in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Manaksia Steels Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Manaksia Steels in short term and BUY signal is strong.
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 45.33 and Manaksia Steels (MANAKSTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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