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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 2024-09-09 View latest technical analysis

10 day averaged volume of Manorama Industries is 37765

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	816.35	823.90	833.75	792.00	1.593 times
06 Fri Sep 2024	831.50	830.00	845.20	810.00	1.518 times
05 Thu Sep 2024	836.05	827.00	841.00	821.05	0.44 times
04 Wed Sep 2024	833.15	832.00	841.60	822.05	0.589 times
03 Tue Sep 2024	830.15	840.00	842.00	814.75	0.817 times
02 Mon Sep 2024	835.50	830.00	873.00	828.00	1.932 times
30 Fri Aug 2024	828.85	832.00	836.00	818.00	0.581 times
29 Thu Aug 2024	825.35	856.95	860.95	820.00	1.093 times
28 Wed Aug 2024	856.95	860.00	873.00	848.30	1.016 times
27 Tue Aug 2024	858.20	863.00	863.00	840.55	0.556 times

My analysis of stock is bearish for shortterm, and stock might move down till 798.7 or till 761. Use a stoploss of 830.15 and if the stock hits stoploss, then it can shoot up till 861.6

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	748.10
Downside Target	792.00
Upside Target	873.00
Upside Target	883.85
Upside Target	910.75
Upside Target	2099.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	794.32
Downside Intraday Target	772.28
Upside Intraday Target	836.07
Upside Intraday Target	855.78
Downside Intraday Target	814.03

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	816.35	823.90	833.75	792.00	0.301 times
06 Fri Sep 2024	831.50	830.00	873.00	810.00	1.126 times
30 Fri Aug 2024	828.85	876.00	883.85	818.00	0.39 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

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
09 Mon Sep 2024	816.35	830.00	873.00	792.00	0.167 times
30 Fri Aug 2024	828.85	715.00	910.75	669.65	1.967 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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Manorama Industries in short term but the sell signal is initial and weak.

Manorama Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 and SELL signal is strong!

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 833.26 and Manorama Industries (MANORAMA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.