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(MANAKSTEEL_BE) Manaksia Steels complete technical analysis [charts+indicators] | Buy/Sell Manaksia Steels | (MANAKSTEEL_BE) share price targets

Complete technical analysis of Manaksia Steels (MANAKSTEEL_BE) by charts plus indicators, forecast predictions and share price targets for Manaksia Steels (MANAKSTEEL_BE)

Showing technical analysis as on 2025-09-02 View latest technical analysis

10 day averaged volume of Manaksia Steels is 8693

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	58.32	60.99	60.99	58.00	1.338 times
01 Mon Sep 2025	59.50	58.00	60.49	58.00	0.541 times
29 Fri Aug 2025	58.07	58.93	59.00	58.00	1.069 times
28 Thu Aug 2025	58.93	58.00	60.00	57.60	1.528 times
26 Tue Aug 2025	59.68	60.00	61.00	59.00	0.765 times
25 Mon Aug 2025	59.50	59.32	60.50	59.03	0.545 times
22 Fri Aug 2025	59.32	58.56	61.00	58.56	1.042 times
21 Thu Aug 2025	60.19	60.11	61.15	60.07	0.625 times
20 Wed Aug 2025	60.07	60.20	60.50	59.80	1.17 times
19 Tue Aug 2025	59.38	58.11	60.29	58.11	1.295 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.7, but if it comes above 58.7, then a intra day buy could be more profitable.
If you take a sell trade below 58.7, then use 58.7 as stoploss and 56.5 as target. However if you take a buy trade in stock , then use 58.7 as stoploss and 60.64 as target.

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	56.52
Upside Target	60.45
Upside Target	61.00
Upside Target	61.15
Upside Target	62.00
Upside Target	62.78
Upside Target	64.44
Upside Target	65.40
Upside Target	66.90
Upside Target	68.77
Upside Target	69.05

Intraday share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Intraday Target	57.22
Downside Intraday Target	56.11
Upside Intraday Target	60.21
Upside Intraday Target	62.09
Upside Intraday Target	59.1

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	58.32	58.00	60.99	58.00	0.481 times
29 Fri Aug 2025	58.07	59.32	61.00	57.60	0.704 times
22 Fri Aug 2025	59.32	58.90	61.15	58.11	0.57 times
14 Thu Aug 2025	60.03	61.93	62.78	57.28	2.009 times
08 Fri Aug 2025	62.24	64.99	65.40	62.00	0.141 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Sep 2025	58.32	58.00	60.99	58.00	0.06 times
29 Fri Aug 2025	58.07	65.35	66.90	57.28	0.735 times
31 Thu Jul 2025	67.79	63.25	69.05	60.45	1.712 times
16 Mon Jun 2025	62.94	62.03	64.44	58.25	0.448 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_BE)

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) 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_BE) ) 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_BE) ) 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 SELL. 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 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 59.19 and Manaksia Steels (MANAKSTEEL_BE) 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_BE) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL_BE) 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.