Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-14 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 453459

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	73.55	75.25	76.09	73.13	0.669 times
11 Fri Oct 2024	75.01	76.40	77.64	74.10	0.874 times
10 Thu Oct 2024	76.13	76.80	78.00	75.32	0.722 times
09 Wed Oct 2024	76.78	78.10	78.85	76.10	0.463 times
08 Tue Oct 2024	76.95	74.20	78.70	74.20	0.724 times
07 Mon Oct 2024	74.71	80.13	80.75	74.00	1.148 times
04 Fri Oct 2024	80.13	79.58	81.39	78.80	0.611 times
03 Thu Oct 2024	79.62	80.45	82.19	79.20	0.784 times
01 Tue Oct 2024	82.22	83.00	83.65	81.62	0.572 times
30 Mon Sep 2024	82.82	82.49	84.54	82.00	1.121 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 72.1, for a target of 76.9 or 80.84

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	70.00
Downside Target	73.13
Upside Target	76.09
Upside Target	78.80
Upside Target	80.57
Upside Target	82.53
Upside Target	86.52
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	72.42
Downside Intraday Target	71.3
Upside Intraday Target	75.38
Upside Intraday Target	77.22
Upside Intraday Target	74.26

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	73.55	75.25	76.09	73.13	0.17 times
11 Fri Oct 2024	75.01	80.13	80.75	74.00	1.273 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

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
14 Mon Oct 2024	73.55	83.00	83.65	73.13	0.335 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 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 SELL signal in short term and selling is picking up 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 77.79 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.