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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 2025-02-04 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 18885

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	108.01	106.85	111.99	103.24	2.25 times
03 Mon Feb 2025	105.19	103.13	106.79	101.30	1.297 times
31 Fri Jan 2025	106.89	102.35	109.80	101.90	1.235 times
30 Thu Jan 2025	102.81	104.85	105.45	101.50	0.448 times
29 Wed Jan 2025	103.56	101.49	105.40	101.49	0.606 times
28 Tue Jan 2025	101.02	103.85	103.85	99.21	0.584 times
27 Mon Jan 2025	101.20	100.25	107.50	96.30	2.139 times
24 Fri Jan 2025	102.32	102.00	103.57	101.25	0.733 times
23 Thu Jan 2025	102.39	105.57	106.64	101.00	1.347 times
22 Wed Jan 2025	105.77	106.12	106.70	104.71	0.512 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 109.5 as stoploss in an intra day sell trade for a target of 105.73. However, stock will show a bullish move above 109.5.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	100.05
Upside Target	109.19
Upside Target	111.89
Upside Target	111.99
Upside Target	124.75
Upside Target	124.89
Upside Target	126.52
Upside Target	128.01
Upside Target	130.85

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	102.21
Downside Intraday Target	96.41
Upside Intraday Target	112.9
Upside Intraday Target	117.79
Downside Intraday Target	107.1

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	108.01	103.13	111.99	101.30	0.708 times
31 Fri Jan 2025	106.89	100.25	109.80	96.30	1.083 times
24 Fri Jan 2025	102.32	106.40	109.19	101.00	0.63 times
17 Fri Jan 2025	105.92	106.85	111.89	100.05	1.074 times
10 Fri Jan 2025	111.36	115.60	124.75	110.91	0.506 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
04 Tue Feb 2025	108.01	103.13	111.99	101.30	0.106 times
31 Fri Jan 2025	106.89	115.48	124.89	96.30	0.719 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

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 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 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 Weak and stock is gaining 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 stronger in this stock.

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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mangalam Drugs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 104.28 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.