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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 2025-02-17 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 36244

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	106.63	109.63	109.63	103.40	0.513 times
14 Fri Feb 2025	111.48	108.20	113.00	106.10	0.856 times
13 Thu Feb 2025	111.33	112.15	114.00	110.00	0.257 times
12 Wed Feb 2025	111.41	112.11	115.98	108.15	0.561 times
11 Tue Feb 2025	114.09	114.50	116.02	112.67	1.778 times
10 Mon Feb 2025	114.30	110.61	115.00	110.22	0.625 times
07 Fri Feb 2025	113.12	111.51	116.00	106.15	1.582 times
06 Thu Feb 2025	111.05	110.89	112.00	109.47	0.499 times
05 Wed Feb 2025	110.34	107.15	113.40	107.15	1.993 times
04 Tue Feb 2025	108.01	106.85	111.99	103.24	1.172 times

My analysis of stock is bearish for shortterm, and stock might move down till 103.1 or till 97.9. Use a stoploss of 107.41 and if the stock hits stoploss, then it can shoot up till 111.74

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	101.00
Downside Target	106.10
Upside Target	109.19
Upside Target	111.00
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	103.48
Downside Intraday Target	100.32
Upside Intraday Target	109.71
Upside Intraday Target	112.78
Downside Intraday Target	106.55

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	106.63	109.63	109.63	103.40	0.126 times
14 Fri Feb 2025	111.48	110.61	116.02	106.10	0.688 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

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
17 Mon Feb 2025	106.63	103.13	116.02	101.30	0.603 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 down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short 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

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 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 SELL. 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalam Drugs in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 111.47 and Mangalam Drugs (MANGALAM) stock is trading below this level. This means that stock is falling with high volumes. 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.