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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 2025-03-24 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 45733

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	81.23	80.15	82.81	79.52	3.09 times
21 Fri Mar 2025	79.79	79.50	82.80	78.81	2.77 times
20 Thu Mar 2025	80.11	84.90	84.90	78.99	1.213 times
19 Wed Mar 2025	82.28	78.31	85.34	78.30	1.351 times
18 Tue Mar 2025	77.51	76.22	78.88	75.75	0.556 times
17 Mon Mar 2025	75.62	77.00	79.34	75.16	1.025 times
13 Thu Mar 2025	78.31	81.61	81.61	76.50	0.6 times
12 Wed Mar 2025	80.73	81.74	82.03	80.64	0.574 times
11 Tue Mar 2025	80.98	81.00	83.69	80.00	0.601 times
10 Mon Mar 2025	82.22	89.35	89.35	80.69	0.585 times

Stock of Mangalam Drugs (MANGALAM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 76.1 or till 65.5. Use a stoploss of 84.94 and if the stock hits stoploss, then it can shoot up till 93.76

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	74.41
Downside Target	79.52
Upside Target	82.81
Upside Target	85.34
Upside Target	89.35
Upside Target	91.20
Upside Target	93.67
Upside Target	96.30
Upside Target	103.55
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	79.56
Downside Intraday Target	77.9
Upside Intraday Target	82.85
Upside Intraday Target	84.48
Downside Intraday Target	81.19

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	81.23	80.15	82.81	79.52	0.447 times
21 Fri Mar 2025	79.79	77.00	85.34	75.16	2.93 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

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 Mar 2025	81.23	93.67	93.67	74.41	1.849 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 getting stronger in this stock.

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 and BUY 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

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 80.15 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.