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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 2024-10-08 View latest technical analysis

10 day averaged volume of Manorama Industries is 66231

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	835.85	794.50	840.00	792.40	1.045 times
07 Mon Oct 2024	792.15	827.20	854.00	780.00	1.314 times
04 Fri Oct 2024	827.20	828.45	840.00	812.00	1.567 times
03 Thu Oct 2024	821.60	818.80	857.75	812.05	0.593 times
01 Tue Oct 2024	826.30	831.00	842.95	822.80	0.388 times
30 Mon Sep 2024	830.15	848.00	855.95	811.00	0.635 times
27 Fri Sep 2024	842.85	806.90	855.95	806.90	1.95 times
26 Thu Sep 2024	802.70	812.40	824.95	790.85	1.034 times
25 Wed Sep 2024	823.85	805.25	839.00	805.25	0.469 times
24 Tue Sep 2024	820.40	790.00	832.00	790.00	0.692 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 833.6, but if it comes below 833.6, then a intra day sell could be more profitable.
If you take a sell trade below 833.6, then use 833.6 as stoploss and 814.83 as target. However if you take a buy trade in stock , then use 833.6 as stoploss and 856.1 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
Downside 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	792.57
Downside Intraday Target	749.28
Upside Intraday Target	866.57
Upside Intraday Target	897.28
Downside Intraday Target	823.28

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	835.85	827.20	854.00	780.00	0.741 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 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
08 Tue Oct 2024	835.85	831.00	857.75	780.00	0.3 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 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 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 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 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 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 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 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 but BUY signal is weak.

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 823.08 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 negative.

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