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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 2024-08-19 View latest technical analysis

10 day averaged volume of Manorama Industries is 69451

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	821.30	816.20	832.00	801.70	0.755 times
16 Fri Aug 2024	814.50	771.00	820.00	770.00	1.488 times
14 Wed Aug 2024	765.10	778.90	778.90	750.00	1.264 times
13 Tue Aug 2024	774.90	777.00	780.75	761.25	0.849 times
12 Mon Aug 2024	767.10	723.95	783.00	708.00	1.88 times
09 Fri Aug 2024	716.75	702.00	726.85	700.00	0.552 times
08 Thu Aug 2024	698.35	729.70	729.70	692.00	0.528 times
07 Wed Aug 2024	695.80	688.00	700.10	680.00	0.427 times
06 Tue Aug 2024	681.95	682.80	711.30	669.65	1.197 times
05 Mon Aug 2024	679.25	682.20	698.40	676.00	1.221 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 823.5, for a target of 762.7 or 712.04

Share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Target	301.55
Downside Target	405.60
Downside Target	604.05
Downside Target	626.70
Downside Target	669.65
Downside Target	708.00
Downside Target	729.70
Downside Target	748.10
Downside Target	801.70
Downside Target	820.00
Upside Target	832.00
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	804.67
Downside Intraday Target	788.03
Upside Intraday Target	834.97
Upside Intraday Target	848.63
Downside Intraday Target	818.33

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	821.30	816.20	832.00	801.70	0.138 times
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

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
19 Mon Aug 2024	821.30	715.00	832.00	669.65	1.232 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 and the buy signal is strong.

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 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 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 748.58 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.