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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 2024-10-24 View latest technical analysis

10 day averaged volume of Manorama Industries is 99657

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	983.10	1022.80	1022.80	929.45	5.257 times
23 Wed Oct 2024	971.20	920.75	980.00	920.75	2.38 times
22 Tue Oct 2024	922.35	967.95	981.55	905.35	1.353 times
21 Mon Oct 2024	966.35	944.00	992.00	925.80	1.363 times
18 Fri Oct 2024	934.10	885.00	938.40	873.60	0.596 times
17 Thu Oct 2024	891.20	920.00	952.00	885.00	0.346 times
16 Wed Oct 2024	922.50	933.70	933.70	898.65	0.255 times
15 Tue Oct 2024	918.60	954.00	954.00	911.10	0.435 times
14 Mon Oct 2024	942.15	893.00	961.00	886.55	2.113 times
11 Fri Oct 2024	891.80	895.50	898.75	870.70	0.328 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 942.7, but if it comes below 942.7, then a intra day sell could be more profitable.
If you take a sell trade below 942.7, then use 942.7 as stoploss and 884.89 as target. However if you take a buy trade in stock , then use 942.7 as stoploss and 1012.1 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
Downside Target	855.95
Downside Target	905.35
Downside Target	910.75
Downside Target	914.80
Downside Target	961.00
Upside Target	1022.80

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	918.03
Downside Intraday Target	852.97
Upside Intraday Target	1035.48
Upside Intraday Target	1087.87
Downside Intraday Target	970.42

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	983.10	944.00	1022.80	905.35	2.764 times
18 Fri Oct 2024	934.10	893.00	961.00	873.60	0.848 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Manorama Industries (MANORAMA)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	983.10	831.00	1022.80	780.00	1.862 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, and volume has increased substantially. This means that the move can 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 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.

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 tired and bears are picking up momentum.

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 BUY signal in short term but buying 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 958.54 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.