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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 2025-03-20 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 39039

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	80.11	84.90	84.90	78.99	1.421 times
19 Wed Mar 2025	82.28	78.31	85.34	78.30	1.582 times
18 Tue Mar 2025	77.51	76.22	78.88	75.75	0.652 times
17 Mon Mar 2025	75.62	77.00	79.34	75.16	1.201 times
13 Thu Mar 2025	78.31	81.61	81.61	76.50	0.702 times
12 Wed Mar 2025	80.73	81.74	82.03	80.64	0.672 times
11 Tue Mar 2025	80.98	81.00	83.69	80.00	0.704 times
10 Mon Mar 2025	82.22	89.35	89.35	80.69	0.685 times
07 Fri Mar 2025	87.28	86.60	88.49	84.90	0.85 times
06 Thu Mar 2025	85.30	80.90	88.51	80.40	1.15 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 77 as stoploss in an intra day buy trade for a target of 87.17. However, stock will show a bearish move below 77.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	74.41
Upside Target	85.34
Upside Target	89.35
Upside Target	91.20
Upside Target	93.67
Upside Target	96.30
Upside Target	100.12
Upside Target	103.55
Upside Target	109.80
Upside Target	111.00
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	75.07
Downside Intraday Target	70.02
Upside Intraday Target	85.25
Upside Intraday Target	90.38
Upside Intraday Target	80.2

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	80.11	77.00	85.34	75.16	1.757 times
13 Thu Mar 2025	78.31	89.35	89.35	76.50	0.205 times
07 Fri Mar 2025	87.28	93.67	93.67	74.41	6.172 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

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
20 Thu Mar 2025	80.11	93.67	93.67	74.41	1.396 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mangalam Drugs ( (MANGALAM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 81.11 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.