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(MANORAMA) Manorama Industries complete technical analysis [charts+indicators] | Buy/Sell Manorama Industries | (MANORAMA) share price targets

Complete technical analysis of Manorama Industries (MANORAMA) by charts plus indicators, forecast predictions and share price targets for Manorama Industries (MANORAMA)

Showing technical analysis as on 2024-08-14 View latest technical analysis

10 day averaged volume of Manorama Industries is 100691

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	765.10	778.90	778.90	750.00	0.872 times
13 Tue Aug 2024	774.90	777.00	780.75	761.25	0.586 times
12 Mon Aug 2024	767.10	723.95	783.00	708.00	1.297 times
09 Fri Aug 2024	716.75	702.00	726.85	700.00	0.38 times
08 Thu Aug 2024	698.35	729.70	729.70	692.00	0.364 times
07 Wed Aug 2024	695.80	688.00	700.10	680.00	0.295 times
06 Tue Aug 2024	681.95	682.80	711.30	669.65	0.825 times
05 Mon Aug 2024	679.25	682.20	698.40	676.00	0.842 times
02 Fri Aug 2024	701.25	692.00	707.95	682.05	0.41 times
01 Thu Aug 2024	698.15	715.00	718.65	685.00	2.269 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 782.1, for a target of 734.7 or 695.26

Share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Target	301.55
Downside Target	405.60
Downside Target	578.35
Downside Target	604.05
Downside Target	626.70
Downside Target	669.65
Downside Target	708.00
Downside Target	729.70
Downside Target	748.10
Upside Target	783.00
Upside Target	1756.00
Upside Target	2088.85
Upside Target	2099.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	721.07
Downside Intraday Target	677.03
Upside Intraday Target	796.07
Upside Intraday Target	827.03
Downside Intraday Target	752.03

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	765.10	723.95	783.00	708.00	1.017 times
09 Fri Aug 2024	716.75	682.20	729.70	669.65	0.393 times
02 Fri Aug 2024	701.25	714.00	748.10	670.35	2.661 times
26 Fri Jul 2024	705.60	634.70	715.00	604.05	0.704 times
19 Fri Jul 2024	640.50	584.90	670.00	578.35	0.259 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 Manorama Industries (MANORAMA)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	765.10	715.00	783.00	669.65	1.036 times
31 Wed Jul 2024	703.60	660.00	748.10	604.05	0.204 times
22 Mon Apr 2024	626.70	415.00	626.70	405.60	1.479 times
28 Thu Mar 2024	398.35	2029.45	2099.00	301.55	7.336 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 Manorama Industries (MANORAMA)

Price action analysis of Manorama Industries ( (MANORAMA) ) 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 Manorama Industries ( (MANORAMA) ) 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 Manorama Industries ( (MANORAMA) ) based on a mid to longer 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.

ADX buy sell signal for Manorama Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Manorama Industries 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.

Manorama Industries 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Manorama Industries in short term but SELL 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 Manorama Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 719.18 and Manorama Industries (MANORAMA) 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 Manorama Industries (MANORAMA) stock. Volume based technical analysis of Manorama Industries (MANORAMA) stock is negative.

Manorama Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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