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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 2024-11-12 View latest technical analysis

10 day averaged volume of Manorama Industries is 74167

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1032.75	1059.95	1059.95	1020.00	0.463 times
11 Mon Nov 2024	1033.00	1041.85	1058.75	1016.10	0.459 times
08 Fri Nov 2024	1041.85	1108.15	1117.95	1010.00	1.465 times
07 Thu Nov 2024	1106.40	1035.00	1133.00	1027.55	3.383 times
06 Wed Nov 2024	1021.20	1010.95	1024.90	990.00	1.172 times
05 Tue Nov 2024	995.95	985.00	1010.00	976.95	0.908 times
04 Mon Nov 2024	982.20	999.90	999.90	958.20	0.446 times
01 Fri Nov 2024	981.15	995.00	995.00	975.10	0.366 times
31 Thu Oct 2024	984.30	1000.00	1000.00	968.20	0.386 times
30 Wed Oct 2024	987.25	941.05	989.45	940.05	0.92 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1028.5, but if it comes below 1028.5, then a intra day sell could be more profitable.
If you take a sell trade below 1028.5, then use 1028.5 as stoploss and 975.84 as target. However if you take a buy trade in stock , then use 1028.5 as stoploss and 1091.8 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	1059.95
Upside Target	1133.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	1012.58
Downside Intraday Target	992.42
Upside Intraday Target	1056.43
Upside Intraday Target	1080.12
Upside Intraday Target	1036.27

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1032.75	1041.85	1059.95	1016.10	0.125 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
12 Tue Nov 2024	1032.75	995.00	1133.00	958.20	0.276 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 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 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 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 1044.15 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.