Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-06 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 63354

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	85.30	80.90	88.51	80.40	0.709 times
05 Wed Mar 2025	79.23	77.49	82.00	76.11	1.11 times
04 Tue Mar 2025	76.32	76.00	82.20	74.41	3.557 times
03 Mon Mar 2025	76.61	93.67	93.67	75.49	2.415 times
28 Fri Feb 2025	91.92	97.37	99.53	91.20	0.662 times
27 Thu Feb 2025	98.10	99.69	102.60	97.00	0.461 times
25 Tue Feb 2025	99.69	103.75	103.79	99.00	0.126 times
24 Mon Feb 2025	103.14	103.39	103.99	102.06	0.097 times
21 Fri Feb 2025	102.44	103.25	107.15	101.60	0.342 times
20 Thu Feb 2025	103.59	102.00	105.25	101.25	0.296 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 88.6, but if it comes above 88.6, then a intra day buy could be more profitable.
If you take a sell trade below 88.6, then use 88.6 as stoploss and 73.9 as target. However if you take a buy trade in stock , then use 88.6 as stoploss and 100.86 as target.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	74.41
Upside Target	91.20
Upside Target	93.67
Upside Target	96.30
Upside Target	100.12
Upside Target	103.55
Upside Target	106.10
Upside Target	109.80
Upside Target	116.00
Upside Target	116.02
Upside Target	124.89
Upside Target	126.52
Upside Target	128.01

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	75.25
Downside Intraday Target	65.2
Upside Intraday Target	94.51
Upside Intraday Target	103.72
Downside Intraday Target	84.46

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	85.30	93.67	93.67	74.41	5.784 times
28 Fri Feb 2025	91.92	103.39	103.99	91.20	0.597 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

Price has moved down 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
06 Thu Mar 2025	85.30	93.67	93.67	74.41	0.836 times
28 Fri Feb 2025	91.92	103.13	116.02	91.20	0.934 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

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 Strong 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 buy signal for Mangalam Drugs in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 81.77 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.