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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 2025-02-24 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 29061

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	103.14	103.39	103.99	102.06	0.212 times
21 Fri Feb 2025	102.44	103.25	107.15	101.60	0.746 times
20 Thu Feb 2025	103.59	102.00	105.25	101.25	0.646 times
19 Wed Feb 2025	102.01	104.61	107.99	100.12	2.033 times
18 Tue Feb 2025	105.35	109.56	109.80	102.22	0.85 times
17 Mon Feb 2025	106.63	109.63	109.63	103.40	0.639 times
14 Fri Feb 2025	111.48	108.20	113.00	106.10	1.067 times
13 Thu Feb 2025	111.33	112.15	114.00	110.00	0.321 times
12 Wed Feb 2025	111.41	112.11	115.98	108.15	0.7 times
11 Tue Feb 2025	114.09	114.50	116.02	112.67	2.218 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 103.1 as stoploss in an intra day buy trade for a target of 107.39. However, stock will show a bearish move below 103.1.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	96.30
Downside Target	100.12
Upside Target	106.10
Upside Target	109.80
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	102.14
Downside Intraday Target	101.13
Upside Intraday Target	104.07
Upside Intraday Target	104.99
Downside Intraday Target	103.06

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	103.14	103.39	103.99	102.06	0.043 times
21 Fri Feb 2025	102.44	109.63	109.80	100.12	0.967 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

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
24 Mon Feb 2025	103.14	103.13	116.02	100.12	0.809 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 to mid 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Mangalam Drugs in short term and the sell signal is strong.

Mangalam Drugs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 107.72 and Mangalam Drugs (MANGALAM) stock is trading below this level. This means that stock is falling with high volumes. 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.