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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 2025-02-12 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 34500

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	111.41	112.11	115.98	108.15	0.59 times
11 Tue Feb 2025	114.09	114.50	116.02	112.67	1.868 times
10 Mon Feb 2025	114.30	110.61	115.00	110.22	0.657 times
07 Fri Feb 2025	113.12	111.51	116.00	106.15	1.662 times
06 Thu Feb 2025	111.05	110.89	112.00	109.47	0.525 times
05 Wed Feb 2025	110.34	107.15	113.40	107.15	2.094 times
04 Tue Feb 2025	108.01	106.85	111.99	103.24	1.232 times
03 Mon Feb 2025	105.19	103.13	106.79	101.30	0.71 times
31 Fri Jan 2025	106.89	102.35	109.80	101.90	0.676 times
30 Thu Jan 2025	102.81	104.85	105.45	101.50	0.245 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 111, but if it comes below 111, then a intra day sell could be more profitable.
If you take a sell trade below 111, then use 111 as stoploss and 106.86 as target. However if you take a buy trade in stock , then use 111 as stoploss and 115.9 as target.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	100.05
Downside Target	108.15
Upside Target	111.89
Upside Target	116.00
Upside Target	116.02
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	107.7
Downside Intraday Target	103.99
Upside Intraday Target	115.57
Upside Intraday Target	119.73
Upside Intraday Target	111.86

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	111.41	110.61	116.02	108.15	0.501 times
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

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
12 Wed Feb 2025	111.41	103.13	116.02	101.30	0.51 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 in or above 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 BUY signal in short term but buying 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 110.78 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.