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 2024-10-29 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 339747

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	67.17	66.80	67.68	65.58	0.643 times
28 Mon Oct 2024	65.96	65.40	67.21	64.51	0.807 times
25 Fri Oct 2024	65.31	65.91	66.64	63.07	1.551 times
24 Thu Oct 2024	66.59	66.75	67.79	64.80	0.886 times
23 Wed Oct 2024	66.58	68.30	68.46	65.89	1.856 times
22 Tue Oct 2024	67.85	71.42	71.64	67.50	1.155 times
21 Mon Oct 2024	71.08	73.00	74.83	70.51	0.437 times
18 Fri Oct 2024	72.76	73.13	73.74	71.66	0.59 times
17 Thu Oct 2024	73.13	75.96	76.20	73.00	0.992 times
16 Wed Oct 2024	75.96	74.00	76.32	73.18	0.942 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.1, but if it comes above 68.1, then a intra day buy could be more profitable.
If you take a sell trade below 68.1, then use 68.1 as stoploss and 62.2 as target. However if you take a buy trade in stock , then use 68.1 as stoploss and 73.08 as target.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	63.07
Downside Target	64.51
Upside Target	67.68
Upside Target	70.00
Upside Target	71.66
Upside Target	74.00
Upside Target	78.80
Upside Target	80.57
Upside Target	83.65
Upside Target	86.52
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	65.23
Downside Intraday Target	63.28
Upside Intraday Target	68.4
Upside Intraday Target	69.62
Downside Intraday Target	66.45

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	67.17	65.40	67.68	64.51	0.246 times
25 Fri Oct 2024	65.31	73.00	74.83	63.07	1.401 times
18 Fri Oct 2024	72.76	75.25	76.32	71.66	0.801 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

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
29 Tue Oct 2024	67.17	83.00	83.65	63.07	0.742 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 moving up

CCI has generated a buy signal for Manali Petrochemicals in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 68.64 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.