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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 2024-10-17 View latest technical analysis

10 day averaged volume of Manorama Industries is 86249

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	891.20	920.00	952.00	885.00	0.399 times
16 Wed Oct 2024	922.50	933.70	933.70	898.65	0.295 times
15 Tue Oct 2024	918.60	954.00	954.00	911.10	0.503 times
14 Mon Oct 2024	942.15	893.00	961.00	886.55	2.441 times
11 Fri Oct 2024	891.80	895.50	898.75	870.70	0.379 times
10 Thu Oct 2024	894.80	884.80	914.80	876.00	0.96 times
09 Wed Oct 2024	880.80	847.90	888.00	834.60	1.952 times
08 Tue Oct 2024	835.85	794.50	840.00	792.40	0.802 times
07 Mon Oct 2024	792.15	827.20	854.00	780.00	1.009 times
04 Fri Oct 2024	827.20	828.45	840.00	812.00	1.203 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 894.7 as stoploss in an intra day sell trade for a target of 845.69. However, stock will show a bullish move above 894.7.

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
Downside Target	839.90
Downside Target	873.00
Downside Target	885.00
Upside Target	910.75
Upside Target	914.80
Upside Target	961.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	863.8
Downside Intraday Target	836.4
Upside Intraday Target	939.8
Upside Intraday Target	988.4
Upside Intraday Target	912.4

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	891.20	893.00	961.00	885.00	0.713 times
11 Fri Oct 2024	891.80	827.20	914.80	780.00	2.088 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

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
17 Thu Oct 2024	891.20	831.00	961.00	780.00	0.853 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 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 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 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 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.

Manorama Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 882.09 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 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.