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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 2024-11-27 View latest technical analysis

10 day averaged volume of Manorama Industries is 53305

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	1188.90	1214.90	1214.90	1170.10	0.85 times
26 Tue Nov 2024	1193.15	1229.95	1229.95	1177.05	1.062 times
25 Mon Nov 2024	1158.15	1150.00	1209.25	1120.00	3.431 times
22 Fri Nov 2024	1100.15	1043.45	1105.95	1043.45	1.293 times
21 Thu Nov 2024	1043.45	1035.05	1050.00	1011.60	0.393 times
19 Tue Nov 2024	1032.25	1015.05	1065.00	1015.05	0.585 times
18 Mon Nov 2024	1003.30	1078.00	1078.00	997.00	0.5 times
14 Thu Nov 2024	1025.20	1000.00	1048.70	989.05	0.661 times
13 Wed Nov 2024	987.80	1032.95	1032.95	976.00	0.793 times
12 Tue Nov 2024	1032.75	1059.95	1059.95	1020.00	0.644 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1195, for a target of 1111.5 or 1041.97

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	902.25
Downside Target	958.20
Downside Target	997.00
Downside Target	1022.80
Downside Target	1059.95
Downside Target	1105.95
Downside Target	1120.00
Downside Target	1133.00
Upside Target	1229.95

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	1129.28
Downside Intraday Target	1069.67
Upside Intraday Target	1239.23
Upside Intraday Target	1289.57
Downside Intraday Target	1179.62

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	1188.90	1150.00	1229.95	1120.00	1.928 times
22 Fri Nov 2024	1100.15	1078.00	1105.95	997.00	1.013 times
14 Thu Nov 2024	1025.20	1041.85	1059.95	976.00	0.267 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

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
27 Wed Nov 2024	1188.90	995.00	1229.95	958.20	0.495 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.

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 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 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 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 1108.05 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.