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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 2024-08-30 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 512918

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	90.73	91.90	93.44	90.36	0.778 times
29 Thu Aug 2024	92.11	94.00	95.75	91.00	1.324 times
28 Wed Aug 2024	93.29	94.90	96.72	92.55	1.398 times
27 Tue Aug 2024	94.75	94.80	95.40	93.65	0.681 times
26 Mon Aug 2024	94.50	92.24	96.00	92.19	1.713 times
23 Fri Aug 2024	91.61	93.00	93.38	91.01	0.605 times
22 Thu Aug 2024	92.14	92.75	95.68	91.73	0.854 times
21 Wed Aug 2024	92.13	93.00	94.18	91.46	0.786 times
20 Tue Aug 2024	93.19	93.40	94.27	92.62	0.6 times
19 Mon Aug 2024	93.23	90.15	93.40	89.60	1.196 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 90.1 as stoploss in an intra day buy trade for a target of 91.94. However, stock will show a bearish move below 90.1.

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	96.72
Upside Target	98.44
Upside Target	99.30
Upside Target	100.21
Upside Target	103.50
Upside Target	104.95

Intraday share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Intraday Target	88.49
Downside Intraday Target	86.24
Upside Intraday Target	94.85
Upside Intraday Target	98.96
Upside Intraday Target	92.6

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	90.73	92.24	96.72	90.36	1.458 times
23 Fri Aug 2024	91.61	90.15	95.68	89.60	1.047 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

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 Manali Petrochemicals (MANALIPETC)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	90.73	99.80	100.21	86.52	0.405 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 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 Manali Petrochemicals ( (MANALIPETC) ) 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 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 losing momentum.

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

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. 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 Manali Petrochemicals 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 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 92.93 and Manali Petrochemicals (MANALIPETC) 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 Manali Petrochemicals (MANALIPETC) stock. Volume based technical analysis of Manali Petrochemicals (MANALIPETC) stock is negative.

Manali Petrochemicals Stock is giving positive 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.