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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 2025-04-16 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 26058

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	80.28	79.05	80.80	79.05	0.477 times
15 Tue Apr 2025	79.00	78.99	80.39	78.50	0.522 times
11 Fri Apr 2025	77.69	75.70	79.00	75.03	0.474 times
09 Wed Apr 2025	74.61	75.70	75.70	73.50	0.226 times
08 Tue Apr 2025	75.25	74.92	76.70	74.11	0.737 times
07 Mon Apr 2025	73.32	77.00	77.00	72.01	1.284 times
04 Fri Apr 2025	78.28	81.35	83.50	77.11	1.489 times
03 Thu Apr 2025	80.18	77.30	81.41	75.99	1.619 times
02 Wed Apr 2025	79.20	77.91	80.59	77.25	1.209 times
01 Tue Apr 2025	78.69	75.58	79.20	75.10	0.827 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 80.4 as stoploss in an intra day sell trade for a target of 77.91. However, stock will show a bullish move above 80.4.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	72.01
Downside Target	74.05
Downside Target	78.50
Upside Target	80.80
Upside Target	83.00
Upside Target	85.34
Upside Target	91.20
Upside Target	93.67
Upside Target	96.30
Upside Target	111.00
Upside Target	116.02
Upside Target	124.89
Upside Target	126.52

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	78.92
Downside Intraday Target	77.56
Upside Intraday Target	81.22
Upside Intraday Target	82.16
Downside Intraday Target	79.86

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	80.28	78.99	80.80	78.50	0.367 times
11 Fri Apr 2025	77.69	77.00	79.00	72.01	0.529 times
04 Fri Apr 2025	78.28	75.58	83.50	75.10	0.353 times
28 Fri Mar 2025	74.30	80.15	83.00	74.05	1.202 times
21 Fri Mar 2025	79.79	77.00	85.34	75.16	2.93 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
16 Wed Apr 2025	80.28	75.58	83.50	72.01	0.174 times
28 Fri Mar 2025	74.30	93.67	93.67	74.05	2.253 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Weak 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 77.85 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 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.