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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 2024-12-18 View latest technical analysis

10 day averaged volume of Manali Petrochemicals is 400629

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	63.69	65.00	65.34	63.25	0.524 times
17 Tue Dec 2024	65.09	65.85	65.85	65.00	0.334 times
16 Mon Dec 2024	65.12	65.75	66.20	65.00	0.484 times
13 Fri Dec 2024	65.44	65.49	66.33	64.50	0.483 times
12 Thu Dec 2024	65.47	66.62	66.80	65.10	0.746 times
11 Wed Dec 2024	66.62	65.20	67.97	65.19	1.646 times
10 Tue Dec 2024	65.09	66.30	66.73	64.70	1.169 times
09 Mon Dec 2024	66.24	67.49	67.59	66.10	0.609 times
06 Fri Dec 2024	67.12	65.60	67.90	65.60	1.125 times
05 Thu Dec 2024	66.22	66.81	67.49	65.95	1.021 times

My analysis of stock is bearish for shortterm, and stock might move down till 62.5 or till 60.2. Use a stoploss of 64.34 and if the stock hits stoploss, then it can shoot up till 66.23

Share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Target	60.50
Downside Target	63.07
Upside Target	67.97
Upside Target	68.89
Upside Target	73.38
Upside Target	80.57
Upside Target	83.65
Upside Target	86.52
Upside Target	91.44
Upside Target	100.21

Intraday share price targets for Manali Petrochemicals (MANALIPETC)

Target Type	Value
Downside Intraday Target	62.56
Downside Intraday Target	61.43
Upside Intraday Target	65.51
Upside Intraday Target	67.33
Upside Intraday Target	64.38

Weekly technical analysis of Manali Petrochemicals (MANALIPETC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	63.69	65.75	66.20	63.25	0.289 times
13 Fri Dec 2024	65.44	67.49	67.97	64.50	0.527 times
06 Fri Dec 2024	67.12	62.49	68.89	60.91	1.561 times
29 Fri Nov 2024	62.47	62.99	64.51	60.55	2.226 times
22 Fri Nov 2024	62.23	63.22	65.00	60.50	0.641 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
18 Wed Dec 2024	63.69	62.49	68.89	60.91	0.755 times
29 Fri Nov 2024	62.47	71.70	73.38	60.50	1.081 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak and stock is losing momentum.

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

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 BUY signal in short term but buying 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 65.87 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.