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(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 2025-01-01 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 36865

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	119.70	115.48	124.89	115.48	3.433 times
31 Tue Dec 2024	115.48	119.50	119.50	114.10	0.553 times
30 Mon Dec 2024	117.84	114.10	119.98	114.09	1.424 times
27 Fri Dec 2024	113.73	114.89	114.89	112.68	0.227 times
26 Thu Dec 2024	113.63	113.80	113.85	112.01	0.281 times
24 Tue Dec 2024	111.44	117.85	117.85	111.00	0.833 times
23 Mon Dec 2024	114.61	116.90	117.49	113.69	0.514 times
20 Fri Dec 2024	114.76	116.71	119.42	114.01	0.659 times
19 Thu Dec 2024	116.36	115.10	117.21	113.65	0.642 times
18 Wed Dec 2024	117.94	122.49	124.89	117.48	0.827 times

Stock of Mangalam Drugs (MANGALAM) has showed a significant upmove. This could be a good time to enter in this stock!

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 120.3 as stoploss in an intra day sell trade for a target of 117.44. However, stock will show a bullish move above 120.3.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	103.00
Downside Target	111.00
Downside Target	113.65
Downside Target	117.85
Upside Target	124.78
Upside Target	124.89
Upside Target	126.52
Upside Target	128.01
Upside Target	130.85
Upside Target	140.50

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	114.23
Downside Intraday Target	108.76
Upside Intraday Target	125.03
Upside Intraday Target	130.36
Downside Intraday Target	119.56

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	119.70	114.10	124.89	114.09	2.916 times
27 Fri Dec 2024	113.73	116.90	117.85	111.00	0.281 times
20 Fri Dec 2024	114.76	116.10	124.89	113.65	1.592 times
13 Fri Dec 2024	117.41	122.35	124.78	113.80	0.448 times
06 Fri Dec 2024	120.98	123.75	126.52	119.00	0.333 times

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

Monthly technical analysis of Mangalam Drugs (MANGALAM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	119.70	115.48	124.89	115.48	0.144 times
31 Tue Dec 2024	115.48	123.75	126.52	111.00	0.713 times
29 Fri Nov 2024	122.13	112.75	128.01	103.55	2.281 times
31 Thu Oct 2024	111.67	127.94	130.85	103.00	0.296 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Drugs in short term and the buy signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 117.1 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 falling down

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 has given negative 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.