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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 2024-11-04 View latest technical analysis

10 day averaged volume of Manorama Industries is 137487

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	982.20	999.90	999.90	958.20	0.241 times
01 Fri Nov 2024	981.15	995.00	995.00	975.10	0.197 times
31 Thu Oct 2024	984.30	1000.00	1000.00	968.20	0.208 times
30 Wed Oct 2024	987.25	941.05	989.45	940.05	0.496 times
29 Tue Oct 2024	941.05	927.70	947.45	910.00	0.267 times
28 Mon Oct 2024	917.50	931.90	931.90	902.25	0.331 times
25 Fri Oct 2024	901.45	970.00	974.20	892.95	0.996 times
24 Thu Oct 2024	983.10	1022.80	1022.80	929.45	3.81 times
23 Wed Oct 2024	971.20	920.75	980.00	920.75	1.725 times
22 Tue Oct 2024	922.35	967.95	981.55	905.35	0.981 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 973.9, but if it comes below 973.9, then a intra day sell could be more profitable.
If you take a sell trade below 973.9, then use 973.9 as stoploss and 932.49 as target. However if you take a buy trade in stock , then use 973.9 as stoploss and 1023.6 as target.

Share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Target	604.05
Downside Target	669.65
Downside Target	748.10
Downside Target	780.00
Downside Target	873.00
Downside Target	892.95
Downside Target	958.20
Downside Target	961.00
Upside Target	999.90
Upside Target	1000.00
Upside Target	1022.80

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	960.3
Downside Intraday Target	938.4
Upside Intraday Target	1002
Upside Intraday Target	1021.8
Downside Intraday Target	980.1

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	982.20	999.90	999.90	958.20	0.16 times
01 Fri Nov 2024	981.15	931.90	1000.00	902.25	0.176 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

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
04 Mon Nov 2024	982.20	995.00	999.90	958.20	0.026 times
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

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 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 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 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 SELL signal for Manorama Industries in short term but SELL signal is weak.

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

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 962.28 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.