Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-07 View latest technical analysis

10 day averaged volume of Manorama Industries is 62247

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	792.15	827.20	854.00	780.00	1.398 times
04 Fri Oct 2024	827.20	828.45	840.00	812.00	1.667 times
03 Thu Oct 2024	821.60	818.80	857.75	812.05	0.631 times
01 Tue Oct 2024	826.30	831.00	842.95	822.80	0.413 times
30 Mon Sep 2024	830.15	848.00	855.95	811.00	0.675 times
27 Fri Sep 2024	842.85	806.90	855.95	806.90	2.075 times
26 Thu Sep 2024	802.70	812.40	824.95	790.85	1.1 times
25 Wed Sep 2024	823.85	805.25	839.00	805.25	0.499 times
24 Tue Sep 2024	820.40	790.00	832.00	790.00	0.736 times
23 Mon Sep 2024	795.75	784.20	805.00	772.00	1.446 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 795.7, but if it comes above 795.7, then a intra day buy could be more profitable.
If you take a sell trade below 795.7, then use 795.7 as stoploss and 773.9 as target. However if you take a buy trade in stock , then use 795.7 as stoploss and 813.85 as target.

Share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Target	405.60
Downside Target	604.05
Downside Target	626.70
Downside Target	669.65
Downside Target	748.10
Downside Target	772.00
Upside Target	811.00
Upside Target	839.90
Upside Target	855.95
Upside Target	857.75
Upside Target	861.00
Upside Target	873.00
Upside Target	910.75

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	763.43
Downside Intraday Target	734.72
Upside Intraday Target	837.43
Upside Intraday Target	882.72
Upside Intraday Target	808.72

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	792.15	827.20	854.00	780.00	0.413 times
04 Fri Oct 2024	827.20	848.00	857.75	811.00	0.578 times
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

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
07 Mon Oct 2024	792.15	831.00	857.75	780.00	0.236 times
30 Mon Sep 2024	830.15	830.00	873.00	751.55	0.695 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

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 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 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 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 SELL. 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. Bulls are getting tired and bears are picking up momentum.

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 and SELL 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

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 818.03 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.