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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 2024-11-14 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 451384

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	63.22	62.45	63.99	61.76	0.672 times
13 Wed Nov 2024	62.10	62.60	63.38	61.01	1.096 times
12 Tue Nov 2024	62.62	65.97	66.59	61.84	1.047 times
11 Mon Nov 2024	65.97	66.70	68.00	65.05	0.704 times
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	0.954 times
06 Wed Nov 2024	66.75	66.88	68.74	65.67	2.246 times
05 Tue Nov 2024	66.63	67.40	69.00	65.60	2.477 times
04 Mon Nov 2024	71.36	72.40	73.38	70.36	0.337 times
01 Fri Nov 2024	72.57	71.70	73.00	70.51	0.201 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.4, but if it comes above 64.4, then a intra day buy could be more profitable.
If you take a sell trade below 64.4, then use 64.4 as stoploss and 60.6 as target. However if you take a buy trade in stock , then use 64.4 as stoploss and 67.55 as target.

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	61.01
Downside Target	63.07
Upside Target	64.51
Upside Target	68.00
Upside Target	71.66
Upside Target	80.57
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	60.15
Downside Intraday Target	57.09
Upside Intraday Target	67.14
Upside Intraday Target	71.07
Upside Intraday Target	64.08

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	63.22	66.70	68.00	61.01	0.547 times
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

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 Thu Nov 2024	63.22	71.70	73.38	61.01	0.63 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 losing 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 65.78 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.