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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 50816

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	46.34	48.70	48.70	45.96	0.727 times
13 Thu Mar 2025	47.14	47.73	50.18	46.20	1.209 times
12 Wed Mar 2025	48.08	49.89	50.73	47.90	0.948 times
11 Tue Mar 2025	48.57	50.85	54.79	48.00	1.95 times
10 Mon Mar 2025	50.00	51.20	51.20	49.10	0.504 times
07 Fri Mar 2025	51.20	49.40	52.50	48.95	0.633 times
06 Thu Mar 2025	49.93	51.00	51.88	49.26	1.353 times
05 Wed Mar 2025	48.79	47.00	50.09	46.42	1 times
04 Tue Mar 2025	46.27	45.95	48.18	44.89	0.533 times
03 Mon Mar 2025	45.69	50.10	50.10	44.21	1.12 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.5, but if it comes above 47.5, then a intra day buy could be more profitable.
If you take a sell trade below 47.5, then use 47.5 as stoploss and 44.9 as target. However if you take a buy trade in stock , then use 47.5 as stoploss and 49.65 as target.

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	44.21
Downside Target	45.96
Upside Target	47.67
Upside Target	48.70
Upside Target	52.50
Upside Target	54.79
Upside Target	55.65
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	45.3
Downside Intraday Target	44.26
Upside Intraday Target	48.04
Upside Intraday Target	49.74
Upside Intraday Target	47

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	46.34	48.70	48.70	45.96	0.158 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
21 Fri Feb 2025	51.65	55.65	55.65	49.31	1.073 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
17 Mon Mar 2025	46.34	50.10	54.79	44.21	0.567 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. Signal strength is Weak and stock is losing 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 coming down

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

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 48.19 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.