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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 2024-10-10 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 442582

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	76.13	76.80	78.00	75.32	0.74 times
09 Wed Oct 2024	76.78	78.10	78.85	76.10	0.474 times
08 Tue Oct 2024	76.95	74.20	78.70	74.20	0.742 times
07 Mon Oct 2024	74.71	80.13	80.75	74.00	1.176 times
04 Fri Oct 2024	80.13	79.58	81.39	78.80	0.626 times
03 Thu Oct 2024	79.62	80.45	82.19	79.20	0.803 times
01 Tue Oct 2024	82.22	83.00	83.65	81.62	0.586 times
30 Mon Sep 2024	82.82	82.49	84.54	82.00	1.149 times
27 Fri Sep 2024	82.87	81.57	85.90	80.57	3.055 times
26 Thu Sep 2024	81.57	81.49	82.78	80.95	0.768 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.4, but if it comes above 78.4, then a intra day buy could be more profitable.
If you take a sell trade below 78.4, then use 78.4 as stoploss and 74.2 as target. However if you take a buy trade in stock , then use 78.4 as stoploss and 82 as target.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	70.00
Downside Target	74.00
Upside Target	78.80
Upside Target	80.57
Upside Target	82.53
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	73.17
Downside Intraday Target	70.21
Upside Intraday Target	79.92
Upside Intraday Target	83.71
Upside Intraday Target	76.96

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	76.13	80.13	80.75	74.00	0.99 times
04 Fri Oct 2024	80.13	82.49	84.54	78.80	0.537 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

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
10 Thu Oct 2024	76.13	83.00	83.65	74.00	0.256 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 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 Strong and stock is gaining momentum.

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

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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 80.14 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.