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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 2024-11-08 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 451177

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	66.56	66.90	67.24	66.00	0.421 times
07 Thu Nov 2024	66.85	67.00	68.79	66.50	0.955 times
06 Wed Nov 2024	66.75	66.88	68.74	65.67	2.247 times
05 Tue Nov 2024	66.63	67.40	69.00	65.60	2.478 times
04 Mon Nov 2024	71.36	72.40	73.38	70.36	0.338 times
01 Fri Nov 2024	72.57	71.70	73.00	70.51	0.201 times
31 Thu Oct 2024	71.70	71.50	72.49	70.58	0.517 times
30 Wed Oct 2024	71.43	67.16	72.30	66.61	1.005 times
29 Tue Oct 2024	67.17	66.80	67.68	65.58	0.484 times
28 Mon Oct 2024	65.96	65.40	67.21	64.51	0.608 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 66.4 as stoploss in an intra day buy trade for a target of 69.69. However, stock will show a bearish move below 66.4.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	63.07
Downside Target	64.51
Upside Target	71.66
Upside Target	80.57
Upside Target	80.75
Upside Target	83.65
Upside Target	86.52
Upside Target	89.61
Upside Target	91.44
Upside Target	100.21
Upside Target	104.95

Intraday share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Intraday Target	63.65
Downside Intraday Target	60.73
Upside Intraday Target	71.43
Upside Intraday Target	76.29
Upside Intraday Target	68.51

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	66.56	72.40	73.38	65.60	2.288 times
01 Fri Nov 2024	72.57	65.40	73.00	64.51	0.635 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	66.56	71.70	73.38	65.60	0.412 times
31 Thu Oct 2024	71.70	83.00	83.65	63.07	0.819 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

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 BUY signal for Manali Petrochemicals in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 67.77 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.