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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 2024-08-26 View latest technical analysis

10 day averaged volume of Manorama Industries is 87497

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	853.10	876.00	883.85	843.55	0.629 times
23 Fri Aug 2024	863.45	883.45	883.45	860.00	0.994 times
22 Thu Aug 2024	883.45	905.00	906.00	871.75	0.958 times
21 Wed Aug 2024	873.90	845.00	910.75	831.55	2.059 times
20 Tue Aug 2024	834.10	820.00	841.00	817.15	0.602 times
19 Mon Aug 2024	821.30	816.20	832.00	801.70	0.599 times
16 Fri Aug 2024	814.50	771.00	820.00	770.00	1.181 times
14 Wed Aug 2024	765.10	778.90	778.90	750.00	1.003 times
13 Tue Aug 2024	774.90	777.00	780.75	761.25	0.674 times
12 Mon Aug 2024	767.10	723.95	783.00	708.00	1.492 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 832.2, but if it comes below 832.2, then a intra day sell could be more profitable.
If you take a sell trade below 832.2, then use 832.2 as stoploss and 761.06 as target. However if you take a buy trade in stock , then use 832.2 as stoploss and 917.5 as target.

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
Downside Target	843.55
Upside Target	883.85
Upside Target	910.75
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	836.48
Downside Intraday Target	819.87
Upside Intraday Target	876.78
Upside Intraday Target	900.47
Upside Intraday Target	860.17

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	853.10	876.00	883.85	843.55	0.121 times
23 Fri Aug 2024	863.45	816.20	910.75	801.70	1.198 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

Price has moved down 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
26 Mon Aug 2024	853.10	715.00	910.75	669.65	1.812 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 tired and bears are picking up momentum.

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 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 827.27 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.