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(MANORG_BE) Mangalam Organics complete technical analysis [charts+indicators] | Buy/Sell Mangalam Organics | (MANORG_BE) share price targets

Complete technical analysis of Mangalam Organics (MANORG_BE) by charts plus indicators, forecast predictions and share price targets for Mangalam Organics (MANORG_BE)

Showing technical analysis as on 2024-10-03 View latest technical analysis

10 day averaged volume of Mangalam Organics is 4023

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	520.45	541.65	541.65	520.45	2.28 times
01 Tue Oct 2024	531.05	531.05	531.05	531.05	2.551 times
30 Mon Sep 2024	520.65	520.65	520.65	520.65	0.943 times
27 Fri Sep 2024	531.25	531.25	531.25	531.25	0.845 times
26 Thu Sep 2024	542.10	542.10	542.10	542.10	0.687 times
25 Wed Sep 2024	553.15	553.15	553.15	553.15	0.254 times
24 Tue Sep 2024	564.40	575.90	575.90	564.40	0.944 times
23 Mon Sep 2024	575.90	575.90	575.90	575.90	0.775 times
20 Fri Sep 2024	587.65	587.65	587.65	587.65	0.902 times
19 Thu Sep 2024	599.65	599.65	599.65	599.65	0.122 times

Stock of Mangalam Organics (MANORG_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 546.6, but if it comes above 546.6, then a intra day buy could be more profitable.
If you take a sell trade below 546.6, then use 546.6 as stoploss and 482.8 as target. However if you take a buy trade in stock , then use 546.6 as stoploss and 599.74 as target.

Share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Target	330.00
Downside Target	345.05
Downside Target	358.10
Downside Target	389.00
Downside Target	425.00
Downside Target	495.00
Downside Target	520.45
Upside Target	531.25
Upside Target	575.90
Upside Target	587.65
Upside Target	629.35
Upside Target	648.00
Upside Target	661.25
Upside Target	720.00

Intraday share price targets for Mangalam Organics (MANORG_BE)

Target Type	Value
Downside Intraday Target	513.38
Downside Intraday Target	506.32
Upside Intraday Target	534.58
Upside Intraday Target	548.72
Upside Intraday Target	527.52

Weekly technical analysis of Mangalam Organics (MANORG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	520.45	520.65	541.65	520.45	1.647 times
27 Fri Sep 2024	531.25	575.90	575.90	531.25	0.891 times
20 Fri Sep 2024	587.65	648.00	648.00	587.65	0.112 times
13 Fri Sep 2024	650.00	680.00	720.00	629.35	0.992 times
06 Fri Sep 2024	661.25	404.00	661.25	389.00	1.822 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Organics (MANORG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	520.45	531.05	541.65	520.45	0.062 times
30 Mon Sep 2024	520.65	586.00	720.00	520.65	1.913 times
15 Mon Jul 2024	396.15	359.00	425.00	358.10	1.454 times
28 Fri Jun 2024	359.35	349.50	391.95	330.00	0.649 times

Scroll below to view daily charts

Price has moved down 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 Mangalam Organics (MANORG_BE)

Price action analysis of Mangalam Organics ( (MANORG_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mangalam Organics ( (MANORG_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mangalam Organics ( (MANORG_BE) ) 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 Mangalam Organics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mangalam Organics in short term but the sell signal is initial and weak.

Mangalam Organics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalam Organics in short term and SELL 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 Mangalam Organics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 541.25 and Mangalam Organics (MANORG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mangalam Organics (MANORG_BE) stock. Volume based technical analysis of Mangalam Organics (MANORG_BE) stock is negative.

Mangalam Organics Stock has given negative 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.