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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 2024-09-26 View latest technical analysis

10 day averaged volume of Manorama Industries is 50541

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	802.70	812.40	824.95	790.85	1.355 times
25 Wed Sep 2024	823.85	805.25	839.00	805.25	0.615 times
24 Tue Sep 2024	820.40	790.00	832.00	790.00	0.907 times
23 Mon Sep 2024	795.75	784.20	805.00	772.00	1.781 times
20 Fri Sep 2024	784.20	785.00	795.00	753.05	0.934 times
19 Thu Sep 2024	768.85	811.00	814.00	751.55	2.968 times
18 Wed Sep 2024	806.80	810.00	827.90	800.00	0.63 times
17 Tue Sep 2024	808.45	816.00	816.00	801.00	0.44 times
16 Mon Sep 2024	811.75	833.20	839.90	810.00	0.412 times
13 Fri Sep 2024	829.60	831.00	840.00	808.00	0.771 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 798.4 as stoploss in an intra day buy trade for a target of 816.6. However, stock will show a bearish move below 798.4.

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	748.10
Downside Target	772.00
Downside Target	792.00
Upside Target	810.00
Upside Target	839.00
Upside Target	861.00
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	770.13
Downside Intraday Target	737.57
Upside Intraday Target	837.13
Upside Intraday Target	871.57
Upside Intraday Target	804.57

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	802.70	784.20	839.00	772.00	0.865 times
20 Fri Sep 2024	784.20	833.20	839.90	751.55	1.34 times
13 Fri Sep 2024	829.60	823.90	861.00	792.00	1.015 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

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
26 Thu Sep 2024	802.70	830.00	873.00	751.55	0.585 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 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 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 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 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 in or below 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 796.09 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 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.