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(MANALIPETC) Manali Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Manali Petrochemicals | (MANALIPETC) share price targets

Complete technical analysis of Manali Petrochemicals (MANALIPETC) by charts plus indicators, forecast predictions and share price targets for Manali Petrochemicals (MANALIPETC)

Manali Petrochemicals trades in NSE in Petrochemicals sector.

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 493413

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	92.14	92.75	95.68	91.73	0.888 times
21 Wed Aug 2024	92.13	93.00	94.18	91.46	0.817 times
20 Tue Aug 2024	93.19	93.40	94.27	92.62	0.624 times
19 Mon Aug 2024	93.23	90.15	93.40	89.60	1.244 times
16 Fri Aug 2024	90.08	88.00	90.84	87.95	0.877 times
14 Wed Aug 2024	87.87	89.05	89.92	86.52	0.938 times
13 Tue Aug 2024	89.40	91.04	91.76	89.00	0.973 times
12 Mon Aug 2024	91.04	90.90	93.00	89.82	1.224 times
09 Fri Aug 2024	91.36	93.20	94.00	91.01	1.079 times
08 Thu Aug 2024	91.68	92.90	94.34	90.20	0.812 times

My analysis of stock is bearish for shortterm, and stock might move down till 90 or till 85.3. Use a stoploss of 93.84 and if the stock hits stoploss, then it can shoot up till 97.71

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	56.40
Downside Target	70.00
Downside Target	81.80
Downside Target	84.00
Downside Target	86.52
Downside Target	89.20
Upside Target	93.00
Upside Target	98.44
Upside Target	99.30
Upside Target	100.21
Upside Target	102.00
Upside Target	103.50
Upside Target	104.95

Intraday share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Intraday Target	89.27
Downside Intraday Target	86.39
Upside Intraday Target	95.35
Upside Intraday Target	98.55
Upside Intraday Target	92.47

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	92.14	90.15	95.68	89.60	0.891 times
16 Fri Aug 2024	90.08	90.90	93.00	86.52	0.428 times
09 Fri Aug 2024	91.36	93.99	98.44	89.20	0.854 times
02 Fri Aug 2024	95.55	98.99	103.50	94.70	0.901 times
26 Fri Jul 2024	98.34	92.47	102.00	89.61	1.194 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 Manali Petrochemicals (MANALIPETC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	92.14	99.80	100.21	86.52	0.303 times
31 Wed Jul 2024	99.08	92.70	104.95	89.61	0.789 times
28 Fri Jun 2024	92.46	83.00	99.30	70.00	1.873 times
31 Fri May 2024	81.60	75.95	84.00	70.85	0.796 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 Manali Petrochemicals (MANALIPETC)

Price action analysis of Manali Petrochemicals ( (MANALIPETC) ) 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 Manali Petrochemicals ( (MANALIPETC) ) 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 Manali Petrochemicals ( (MANALIPETC) ) 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 Manali Petrochemicals stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Manali Petrochemicals in short term and the sell signal is strong.

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

Manali Petrochemicals 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 stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Manali Petrochemicals 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Manali Petrochemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.19 and Manali Petrochemicals (MANALIPETC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Manali Petrochemicals (MANALIPETC) stock. Volume based technical analysis of Manali Petrochemicals (MANALIPETC) stock is negative.

Manali Petrochemicals 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.