Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-03 View latest technical analysis

10 day averaged volume of Manorama Industries is 58252

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	1177.50	1199.00	1211.45	1170.00	0.325 times
02 Mon Dec 2024	1184.30	1193.75	1216.00	1173.00	0.598 times
29 Fri Nov 2024	1177.45	1155.65	1250.00	1138.00	1.051 times
28 Thu Nov 2024	1174.40	1180.10	1209.70	1154.05	0.927 times
27 Wed Nov 2024	1188.90	1214.90	1214.90	1170.10	0.777 times
26 Tue Nov 2024	1193.15	1229.95	1229.95	1177.05	0.972 times
25 Mon Nov 2024	1158.15	1150.00	1209.25	1120.00	3.139 times
22 Fri Nov 2024	1100.15	1043.45	1105.95	1043.45	1.183 times
21 Thu Nov 2024	1043.45	1035.05	1050.00	1011.60	0.359 times
19 Tue Nov 2024	1032.25	1015.05	1065.00	1015.05	0.536 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1159.6, but if it comes below 1159.6, then a intra day sell could be more profitable.
If you take a sell trade below 1159.6, then use 1159.6 as stoploss and 1082.97 as target. However if you take a buy trade in stock , then use 1159.6 as stoploss and 1251.6 as target.

Share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Target	669.65
Downside Target	751.55
Downside Target	780.00
Downside Target	873.00
Downside Target	910.75
Downside Target	958.20
Downside Target	997.00
Downside Target	1022.80
Downside Target	1059.95
Downside Target	1105.95
Downside Target	1170.00
Upside Target	1216.00
Upside Target	1250.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	1159.67
Downside Intraday Target	1141.83
Upside Intraday Target	1205.67
Upside Intraday Target	1233.83
Upside Intraday Target	1187.83

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	1177.50	1193.75	1216.00	1170.00	0.134 times
29 Fri Nov 2024	1177.45	1150.00	1250.00	1120.00	2.708 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

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
03 Tue Dec 2024	1177.50	1193.75	1216.00	1170.00	0.042 times
29 Fri Nov 2024	1177.45	995.00	1250.00	958.20	0.544 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

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 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 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 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 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 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 1151.86 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.