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

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

10 day averaged volume of Manaksteltd is 6315

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri May 2023	36.95	38.01	38.64	36.86	0.396 times
25 Thu May 2023	37.71	38.45	38.45	37.20	2.219 times
24 Wed May 2023	37.00	37.59	37.60	36.61	0.71 times
23 Tue May 2023	37.59	37.40	37.79	37.35	0.034 times
22 Mon May 2023	37.00	37.65	37.80	36.70	1.296 times
19 Fri May 2023	37.38	38.00	38.00	36.70	0.573 times
18 Thu May 2023	37.22	37.90	38.55	37.00	2.016 times
17 Wed May 2023	37.90	38.10	38.10	37.85	0.404 times
16 Tue May 2023	38.22	38.50	39.55	37.80	0.962 times
15 Mon May 2023	38.22	37.51	38.80	37.51	0.818 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.4, but if it comes above 37.4, then a intra day buy could be more profitable.
If you take a sell trade below 37.4, then use 37.4 as stoploss and 36.2 as target. However if you take a buy trade in stock , then use 37.4 as stoploss and 38.33 as target.

Share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Target	29.00
Downside Target	34.11
Downside Target	35.90
Upside Target	37.61
Upside Target	39.55
Upside Target	41.84
Upside Target	43.00
Upside Target	43.15
Upside Target	51.45
Upside Target	53.35

Intraday share price targets for Manaksteltd (Manaksteltd)

Target Type	Value
Downside Intraday Target	36.16
Downside Intraday Target	35.37
Upside Intraday Target	38.19
Upside Intraday Target	39.43
Upside Intraday Target	37.4

Weekly technical analysis of Manaksteltd (Manaksteltd)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri May 2023	36.95	37.65	38.64	36.61	0.975 times
19 Fri May 2023	37.38	37.51	39.55	36.70	0.409 times
12 Fri May 2023	38.79	37.61	43.00	37.61	5.902 times
05 Fri May 2023	38.60	39.30	40.15	38.30	0.751 times
28 Fri Apr 2023	39.50	36.00	41.84	36.00	0.785 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 Manaksteltd (Manaksteltd)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri May 2023	36.95	39.30	43.00	36.61	2.285 times
28 Fri Apr 2023	39.50	36.25	41.84	35.90	0.401 times
31 Fri Mar 2023	35.03	41.55	43.15	34.11	0.242 times
28 Tue Feb 2023	41.55	49.90	53.35	39.80	0.476 times

Scroll below to view daily charts

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

Indicators analysis of Manaksteltd (Manaksteltd)

Price action analysis of Manaksteltd ( (Manaksteltd) ) 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 Manaksteltd ( (Manaksteltd) ) 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 Manaksteltd ( (Manaksteltd) ) based on a mid to longer 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.

ADX buy sell signal for Manaksteltd stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Manaksteltd in short term and the sell signal is strong.

Manaksteltd Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Manaksteltd in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Manaksteltd is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.51 and Manaksteltd (Manaksteltd) 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 Manaksteltd (Manaksteltd) stock. Volume based technical analysis of Manaksteltd (Manaksteltd) stock is negative.

Manaksteltd 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.