(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 2024-05-02 View latest technical analysis
10 day averaged volume of Mangalam Drugs is 30841
Date | Daily Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 102.65 | 101.85 | 103.00 | 101.80 | 0.708 times |
30 Tue Apr 2024 | 101.85 | 101.70 | 105.40 | 99.45 | 2.718 times |
29 Mon Apr 2024 | 99.75 | 101.90 | 101.90 | 99.15 | 0.708 times |
26 Fri Apr 2024 | 100.70 | 100.15 | 101.90 | 100.00 | 0.656 times |
25 Thu Apr 2024 | 100.75 | 101.75 | 102.90 | 100.50 | 0.791 times |
24 Wed Apr 2024 | 101.75 | 102.20 | 103.40 | 101.40 | 0.755 times |
23 Tue Apr 2024 | 101.65 | 100.65 | 103.50 | 100.65 | 1.291 times |
22 Mon Apr 2024 | 100.10 | 100.05 | 102.00 | 99.60 | 1.055 times |
19 Fri Apr 2024 | 99.95 | 99.70 | 100.60 | 98.45 | 0.598 times |
18 Thu Apr 2024 | 99.15 | 101.00 | 102.35 | 98.55 | 1.018 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 102.8 as stoploss in an intra day sell trade for a target of 101.19. However, stock will show a bullish move above 102.8.
Share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Target | 90.80 |
Downside Target | 92.85 |
Downside Target | 97.00 |
Downside Target | 99.15 |
Upside Target | 104.00 |
Upside Target | 105.00 |
Upside Target | 105.40 |
Upside Target | 107.40 |
Upside Target | 114.00 |
Upside Target | 124.70 |
Upside Target | 132.45 |
Intraday share price targets for Mangalam Drugs (MANGALAM)
Target Type | Value |
Downside Intraday Target | 99.4 |
Downside Intraday Target | 96.15 |
Upside Intraday Target | 105.65 |
Upside Intraday Target | 108.65 |
Downside Intraday Target | 102.4 |
Weekly technical analysis of Mangalam Drugs (MANGALAM)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 102.65 | 101.90 | 105.40 | 99.15 | 0.909 times |
26 Fri Apr 2024 | 100.70 | 100.05 | 103.50 | 99.60 | 1.405 times |
19 Fri Apr 2024 | 99.95 | 102.00 | 102.35 | 97.00 | 0.74 times |
12 Fri Apr 2024 | 102.70 | 105.00 | 107.40 | 101.05 | 0.487 times |
05 Fri Apr 2024 | 104.30 | 93.70 | 105.00 | 92.85 | 1.061 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 Mangalam Drugs (MANGALAM)
Date | Monthly Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 102.65 | 101.85 | 103.00 | 101.80 | 0.029 times |
30 Tue Apr 2024 | 101.85 | 93.70 | 107.40 | 92.85 | 0.636 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs stock for short term is BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mangalam Drugs in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 101.01 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 positive
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short to mid 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs stock for short term is BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mangalam Drugs in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 101.01 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 positive
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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