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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 2024-10-01 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 461014

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	82.22	83.00	83.65	81.62	0.563 times
30 Mon Sep 2024	82.82	82.49	84.54	82.00	1.103 times
27 Fri Sep 2024	82.87	81.57	85.90	80.57	2.933 times
26 Thu Sep 2024	81.57	81.49	82.78	80.95	0.737 times
25 Wed Sep 2024	81.30	82.01	83.00	81.00	0.597 times
24 Tue Sep 2024	82.59	83.93	84.75	82.32	0.725 times
23 Mon Sep 2024	83.76	83.61	84.71	83.00	0.666 times
20 Fri Sep 2024	83.13	84.16	85.52	82.53	0.597 times
19 Thu Sep 2024	84.15	87.00	87.64	83.10	0.683 times
18 Wed Sep 2024	86.81	85.50	88.60	85.21	1.526 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 82.6, but if it comes above 82.6, then a intra day buy could be more profitable.
If you take a sell trade below 82.6, then use 82.6 as stoploss and 79.7 as target. However if you take a buy trade in stock , then use 82.6 as stoploss and 84.91 as target.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	70.00
Downside Target	80.57
Upside Target	86.52
Upside Target	87.45
Upside Target	88.60
Upside Target	89.61
Upside Target	91.44
Upside Target	99.30
Upside Target	100.21
Upside Target	104.95

Intraday share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Intraday Target	81.05
Downside Intraday Target	79.87
Upside Intraday Target	83.97
Upside Intraday Target	85.71
Upside Intraday Target	82.79

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	82.22	82.49	84.54	81.62	0.294 times
27 Fri Sep 2024	82.87	83.61	85.90	80.57	1.384 times
20 Fri Sep 2024	83.13	86.80	88.60	82.53	1.073 times
13 Fri Sep 2024	86.02	85.65	87.45	83.88	0.825 times
06 Fri Sep 2024	86.12	90.73	91.44	84.10	0.704 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
01 Tue Oct 2024	82.22	83.00	83.65	81.62	0.029 times
30 Mon Sep 2024	82.82	90.73	91.44	80.57	0.676 times
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

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 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 Manali Petrochemicals ( (MANALIPETC) ) 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 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 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 Manali Petrochemicals stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 83.38 and Manali Petrochemicals (MANALIPETC) 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 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.