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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 2024-09-27 View latest technical analysis

10 day averaged volume of Manorama Industries is 54643

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	842.85	806.90	855.95	806.90	2.364 times
26 Thu Sep 2024	802.70	812.40	824.95	790.85	1.253 times
25 Wed Sep 2024	823.85	805.25	839.00	805.25	0.569 times
24 Tue Sep 2024	820.40	790.00	832.00	790.00	0.839 times
23 Mon Sep 2024	795.75	784.20	805.00	772.00	1.647 times
20 Fri Sep 2024	784.20	785.00	795.00	753.05	0.864 times
19 Thu Sep 2024	768.85	811.00	814.00	751.55	2.745 times
18 Wed Sep 2024	806.80	810.00	827.90	800.00	0.582 times
17 Tue Sep 2024	808.45	816.00	816.00	801.00	0.407 times
16 Mon Sep 2024	811.75	833.20	839.90	810.00	0.381 times

Stock of Manorama Industries (MANORAMA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 836.2, but if it comes below 836.2, then a intra day sell could be more profitable.
If you take a sell trade below 836.2, then use 836.2 as stoploss and 817.3 as target. However if you take a buy trade in stock , then use 836.2 as stoploss and 858.8 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	748.10
Downside Target	772.00
Downside Target	792.00
Downside Target	810.00
Downside Target	839.90
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	791.25
Downside Intraday Target	739.65
Upside Intraday Target	875.2
Upside Intraday Target	907.55
Downside Intraday Target	823.6

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	842.85	784.20	855.95	772.00	1.34 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
27 Fri Sep 2024	842.85	830.00	873.00	751.55	0.668 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 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 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 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 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 803.52 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.