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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 2025-02-07 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 26583

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	113.12	111.51	116.00	106.15	2.157 times
06 Thu Feb 2025	111.05	110.89	112.00	109.47	0.681 times
05 Wed Feb 2025	110.34	107.15	113.40	107.15	2.718 times
04 Tue Feb 2025	108.01	106.85	111.99	103.24	1.598 times
03 Mon Feb 2025	105.19	103.13	106.79	101.30	0.921 times
31 Fri Jan 2025	106.89	102.35	109.80	101.90	0.877 times
30 Thu Jan 2025	102.81	104.85	105.45	101.50	0.318 times
29 Wed Jan 2025	103.56	101.49	105.40	101.49	0.431 times
28 Tue Jan 2025	101.02	103.85	103.85	99.21	0.415 times
27 Mon Jan 2025	101.20	100.25	107.50	96.30	1.52 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112.6, for a target of 108.7 or 105.45

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	100.05
Downside Target	109.19
Downside Target	111.89
Upside Target	116.00
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	104.28
Downside Intraday Target	95.44
Upside Intraday Target	118.98
Upside Intraday Target	124.84
Downside Intraday Target	110.14

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	113.12	103.13	116.00	101.30	2.268 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, 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
07 Fri Feb 2025	113.12	103.13	116.00	101.30	0.34 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 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 mid to longer 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.

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 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 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 BUY signal in short term and the buying is gaining 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 107.93 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.