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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 2024-08-16 View latest technical analysis

10 day averaged volume of Manorama Industries is 81960

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	814.50	771.00	820.00	770.00	1.261 times
14 Wed Aug 2024	765.10	778.90	778.90	750.00	1.071 times
13 Tue Aug 2024	774.90	777.00	780.75	761.25	0.72 times
12 Mon Aug 2024	767.10	723.95	783.00	708.00	1.593 times
09 Fri Aug 2024	716.75	702.00	726.85	700.00	0.467 times
08 Thu Aug 2024	698.35	729.70	729.70	692.00	0.447 times
07 Wed Aug 2024	695.80	688.00	700.10	680.00	0.362 times
06 Tue Aug 2024	681.95	682.80	711.30	669.65	1.014 times
05 Mon Aug 2024	679.25	682.20	698.40	676.00	1.035 times
02 Fri Aug 2024	701.25	692.00	707.95	682.05	0.504 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 804.9, for a target of 749.3 or 703

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	820.00
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	741.67
Downside Intraday Target	668.83
Upside Intraday Target	853.67
Upside Intraday Target	892.83
Downside Intraday Target	780.83

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	814.50	723.95	820.00	708.00	1.396 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
16 Fri Aug 2024	814.50	715.00	820.00	669.65	1.166 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 gaining 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 moving up

CCI has generated a buy signal for Manorama Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Manorama Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 740.28 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.