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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 2024-12-04 View latest technical analysis

10 day averaged volume of Manorama Industries is 57478

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	1189.95	1203.15	1203.15	1169.00	0.32 times
03 Tue Dec 2024	1177.50	1199.00	1211.45	1170.00	0.329 times
02 Mon Dec 2024	1184.30	1193.75	1216.00	1173.00	0.606 times
29 Fri Nov 2024	1177.45	1155.65	1250.00	1138.00	1.065 times
28 Thu Nov 2024	1174.40	1180.10	1209.70	1154.05	0.939 times
27 Wed Nov 2024	1188.90	1214.90	1214.90	1170.10	0.788 times
26 Tue Nov 2024	1193.15	1229.95	1229.95	1177.05	0.985 times
25 Mon Nov 2024	1158.15	1150.00	1209.25	1120.00	3.181 times
22 Fri Nov 2024	1100.15	1043.45	1105.95	1043.45	1.199 times
21 Thu Nov 2024	1043.45	1035.05	1050.00	1011.60	0.364 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1169.7, but if it comes below 1169.7, then a intra day sell could be more profitable.
If you take a sell trade below 1169.7, then use 1169.7 as stoploss and 1093.36 as target. However if you take a buy trade in stock , then use 1169.7 as stoploss and 1261.3 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	1169.00
Upside Target	1216.00
Upside Target	1250.00

Intraday share price targets for Manorama Industries (MANORAMA)

Target Type	Value
Downside Intraday Target	1167.3
Downside Intraday Target	1144.65
Upside Intraday Target	1214.3
Upside Intraday Target	1238.65
Upside Intraday Target	1191.65

Weekly technical analysis of Manorama Industries (MANORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	1189.95	1193.75	1216.00	1169.00	0.18 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
04 Wed Dec 2024	1189.95	1193.75	1216.00	1169.00	0.057 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1159.75 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.