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(MANGCHEFER) Mangalore Chemicals complete technical analysis [charts+indicators] | Buy/Sell Mangalore Chemicals | (MANGCHEFER) share price targets

Complete technical analysis of Mangalore Chemicals (MANGCHEFER) by charts plus indicators, forecast predictions and share price targets for Mangalore Chemicals (MANGCHEFER)

Mangalore Chemicals trades in NSE in Fertilizers sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Mangalore Chemicals is 582564

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	124.90	122.80	125.40	121.30	0.983 times
08 Mon Apr 2024	122.70	121.40	123.30	118.00	1.005 times
05 Fri Apr 2024	120.75	115.00	121.30	113.10	1.243 times
04 Thu Apr 2024	116.15	112.55	116.90	112.20	0.842 times
03 Wed Apr 2024	112.50	107.55	114.75	107.25	1.41 times
02 Tue Apr 2024	106.80	107.05	108.05	105.00	0.791 times
01 Mon Apr 2024	106.95	102.50	107.40	102.50	0.542 times
28 Thu Mar 2024	101.35	102.05	104.80	100.55	0.934 times
27 Wed Mar 2024	102.05	101.00	103.85	100.80	1.924 times
26 Tue Mar 2024	101.40	100.90	102.90	100.30	0.851 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 125, for a target of 115.8 or 108.1

Share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Target	99.85
Downside Target	102.50
Downside Target	104.80
Downside Target	110.00
Downside Target	118.00
Downside Target	120.60
Downside Target	121.30
Downside Target	124.90
Upside Target	125.40
Upside Target	126.85
Upside Target	146.50
Upside Target	156.10

Intraday share price targets for Mangalore Chemicals (MANGCHEFER)

Target Type	Value
Downside Intraday Target	120.13
Downside Intraday Target	115.37
Upside Intraday Target	127.53
Upside Intraday Target	130.17
Downside Intraday Target	122.77

Weekly technical analysis of Mangalore Chemicals (MANGCHEFER)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	124.90	121.40	125.40	118.00	0.412 times
05 Fri Apr 2024	120.75	102.50	121.30	102.50	1.302 times
28 Thu Mar 2024	101.35	100.90	104.80	100.30	1.23 times
22 Fri Mar 2024	103.05	104.00	105.70	100.25	0.489 times
15 Fri Mar 2024	103.20	118.00	118.00	99.85	2.194 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 Mangalore Chemicals (MANGCHEFER)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	124.90	102.50	125.40	102.50	0.404 times
28 Thu Mar 2024	101.35	123.05	124.90	99.85	0.34 times
29 Thu Feb 2024	122.60	145.60	146.50	110.00	0.797 times
31 Wed Jan 2024	144.30	122.50	156.10	120.60	1.749 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 Mangalore Chemicals (MANGCHEFER)

Price action analysis of Mangalore Chemicals ( (MANGCHEFER) ) 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 Mangalore Chemicals ( (MANGCHEFER) ) based on a short to mid 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 Mangalore Chemicals ( (MANGCHEFER) ) 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 Mangalore Chemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mangalore Chemicals 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.

Mangalore Chemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Mangalore Chemicals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Mangalore Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 111.39 and Mangalore Chemicals (MANGCHEFER) 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 Mangalore Chemicals (MANGCHEFER) stock. Volume based technical analysis of Mangalore Chemicals (MANGCHEFER) stock is negative.

Mangalore Chemicals 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.