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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 2024-10-31 View latest technical analysis

10 day averaged volume of Manorama Industries is 141298

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	984.30	1000.00	1000.00	968.20	0.203 times
30 Wed Oct 2024	987.25	941.05	989.45	940.05	0.483 times
29 Tue Oct 2024	941.05	927.70	947.45	910.00	0.26 times
28 Mon Oct 2024	917.50	931.90	931.90	902.25	0.322 times
25 Fri Oct 2024	901.45	970.00	974.20	892.95	0.969 times
24 Thu Oct 2024	983.10	1022.80	1022.80	929.45	3.708 times
23 Wed Oct 2024	971.20	920.75	980.00	920.75	1.679 times
22 Tue Oct 2024	922.35	967.95	981.55	905.35	0.954 times
21 Mon Oct 2024	966.35	944.00	992.00	925.80	0.961 times
18 Fri Oct 2024	934.10	885.00	938.40	873.60	0.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 967.4, but if it comes below 967.4, then a intra day sell could be more profitable.
If you take a sell trade below 967.4, then use 967.4 as stoploss and 915.29 as target. However if you take a buy trade in stock , then use 967.4 as stoploss and 1029.9 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	780.00
Downside Target	811.00
Downside Target	857.75
Downside Target	892.95
Downside Target	914.80
Downside Target	961.00
Upside Target	1000.00
Upside Target	1022.80

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	924.37
Downside Intraday Target	864.43
Upside Intraday Target	1022.12
Upside Intraday Target	1059.93
Downside Intraday Target	962.18

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	984.30	931.90	1000.00	902.25	0.153 times
25 Fri Oct 2024	901.45	944.00	1022.80	892.95	3.131 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

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
31 Thu Oct 2024	984.30	831.00	1022.80	780.00	2.154 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 coming down

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 and the buying is gaining 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 960.65 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.