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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 2024-11-11 View latest technical analysis

10 day averaged volume of Manorama Industries is 75314

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	1033.00	1041.85	1058.75	1016.10	0.452 times
08 Fri Nov 2024	1041.85	1108.15	1117.95	1010.00	1.442 times
07 Thu Nov 2024	1106.40	1035.00	1133.00	1027.55	3.332 times
06 Wed Nov 2024	1021.20	1010.95	1024.90	990.00	1.154 times
05 Tue Nov 2024	995.95	985.00	1010.00	976.95	0.894 times
04 Mon Nov 2024	982.20	999.90	999.90	958.20	0.439 times
01 Fri Nov 2024	981.15	995.00	995.00	975.10	0.36 times
31 Thu Oct 2024	984.30	1000.00	1000.00	968.20	0.38 times
30 Wed Oct 2024	987.25	941.05	989.45	940.05	0.906 times
29 Tue Oct 2024	941.05	927.70	947.45	910.00	0.488 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1022.6, but if it comes below 1022.6, then a intra day sell could be more profitable.
If you take a sell trade below 1022.6, then use 1022.6 as stoploss and 970.14 as target. However if you take a buy trade in stock , then use 1022.6 as stoploss and 1085.5 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	1000.00
Downside Target	1016.10
Downside Target	1022.80
Upside Target	1058.75
Upside Target	1133.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	1013.15
Downside Intraday Target	993.3
Upside Intraday Target	1055.8
Upside Intraday Target	1078.6
Upside Intraday Target	1035.95

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	1033.00	1041.85	1058.75	1016.10	0.062 times
08 Fri Nov 2024	1041.85	999.90	1133.00	958.20	2.652 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

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
11 Mon Nov 2024	1033.00	995.00	1133.00	958.20	0.261 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 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 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.

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 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 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 1039.58 and Manorama Industries (MANORAMA) stock is trading below this level. This means that stock is falling with high volumes. 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.