(MANGALAM) Mangalam Drugs complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drugs | (MANGALAM) share price targets
Complete technical analysis of Mangalam Drugs (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drugs (MANGALAM)
Mangalam Drugs trades in NSE in Pharmaceuticals sector.
Showing technical analysis as on 2024-04-09 View latest technical analysis
10 day averaged volume of Mangalam Drugs is 62029
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 102.75 | 104.90 | 105.95 | 101.45 | 0.466 times |
08 Mon Apr 2024 | 104.35 | 105.00 | 107.40 | 103.00 | 0.764 times |
05 Fri Apr 2024 | 104.30 | 102.00 | 105.00 | 101.30 | 1.133 times |
04 Thu Apr 2024 | 101.90 | 103.40 | 103.75 | 100.55 | 0.723 times |
03 Wed Apr 2024 | 100.55 | 99.50 | 101.95 | 99.00 | 0.625 times |
02 Tue Apr 2024 | 98.95 | 98.25 | 100.10 | 97.25 | 1.074 times |
01 Mon Apr 2024 | 97.65 | 93.70 | 98.50 | 92.85 | 0.913 times |
28 Thu Mar 2024 | 92.10 | 93.05 | 96.50 | 90.80 | 1.232 times |
27 Wed Mar 2024 | 93.50 | 97.25 | 98.55 | 92.45 | 2.022 times |
26 Tue Mar 2024 | 97.05 | 101.75 | 101.75 | 96.55 | 0.959 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 103.4 as stoploss in an intra day sell trade for a target of 99.64. However, stock will show a bullish move above 103.4.
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 90.80 |
Downside Target | 101.45 |
Upside Target | 104.00 |
Upside Target | 105.00 |
Upside Target | 107.40 |
Upside Target | 114.00 |
Upside Target | 114.50 |
Upside Target | 124.70 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 100.33 |
Downside Intraday Target | 97.92 |
Upside Intraday Target | 106.28 |
Upside Intraday Target | 109.82 |
Upside Intraday Target | 103.87 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 102.75 | 105.00 | 107.40 | 101.45 | 0.276 times |
05 Fri Apr 2024 | 104.30 | 93.70 | 105.00 | 92.85 | 1.061 times |
28 Thu Mar 2024 | 92.10 | 101.75 | 101.75 | 90.80 | 1.322 times |
22 Fri Mar 2024 | 100.30 | 104.00 | 104.00 | 96.00 | 0.567 times |
15 Fri Mar 2024 | 100.85 | 114.50 | 114.50 | 91.70 | 1.092 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 Mangalam Drugs (MANGALAM)
Date | Monthly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 102.75 | 93.70 | 107.40 | 92.85 | 0.297 times |
28 Thu Mar 2024 | 92.10 | 121.50 | 124.70 | 90.80 | 0.203 times |
29 Thu Feb 2024 | 122.05 | 109.15 | 132.45 | 104.00 | 2.655 times |
31 Wed Jan 2024 | 108.35 | 99.50 | 114.00 | 97.00 | 2.379 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 Mangalam Drugs (MANGALAM)
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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 Mangalam Drugs ( (MANGALAM) ) based on a short 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 Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mangalam Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mangalam Drugs 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.
Mangalam Drugs Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Mangalam Drugs in short term but SELL 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
Stock of Mangalam Drugs is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 98.21 and Mangalam Drugs (MANGALAM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs 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.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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 Mangalam Drugs ( (MANGALAM) ) based on a short 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 Mangalam Drugs ( (MANGALAM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mangalam Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mangalam Drugs 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.
Mangalam Drugs Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Mangalam Drugs in short term but SELL 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
Stock of Mangalam Drugs is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 98.21 and Mangalam Drugs (MANGALAM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.
Mangalam Drugs 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.
Click here for Mangalam Drugs charts
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Daily charts
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