Homepage Active Options Active Stocks

Stock analysis Manaksia Steels Limited MANAKSTEEL

More indepth analysis on MunafaSutra.com

Moving Averages for Manaksia Steels Limited

  • 5Day Average: 58.59
  • 12Day Average: 52.31
  • 20Day Average: 50.75
  • 50Day Average: 50.94
  • 100Day Average: 55.67
  • 150Day Average: 59.17
  • 200Day Average: 58.74

MANAKSTEEL Indicators & signals

Indicator MACD (12,26,9)

55.05, 52.39, 0.58
Indicator MACD is in positive zone

Indicator ADX (14)

56.3, 44.61, 12.47
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 63
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANAKSTEEL Manaksia Steels Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Thu Apr 2025 63.77 63.60 to 68.88 -6.28% 0.43 times
23 Wed Apr 2025 68.04 61.10 to 72.21 13.06% 6.1 times
22 Tue Apr 2025 60.18 52.04 to 60.18 20% 2.98 times
21 Mon Apr 2025 50.15 48.50 to 51.39 -1.32% 0.21 times
17 Thu Apr 2025 50.82 50.05 to 51.95 -0.2% 0.03 times
16 Wed Apr 2025 50.92 48.86 to 52.52 4.22% 0.14 times
15 Tue Apr 2025 48.86 48.70 to 51.50 -2.34% 0.07 times
11 Fri Apr 2025 50.03 46.01 to 51.40 11.33% 0.18 times
09 Wed Apr 2025 44.94 44.71 to 46.19 -1.75% 0.05 times
08 Tue Apr 2025 45.74 45.62 to 47.69 0.53% 0.08 times
07 Mon Apr 2025 45.50 44.25 to 46.80 -6.76% 0.15 times
04 Fri Apr 2025 48.80 48.00 to 51.76 -3.73% 0.12 times

Technical analysis forecast of Manaksia Steels Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Manaksia Steels Limited MANAKSTEEL at this time. Stock is rising and might rise more.

It appears as if Manaksia Steels Limited MANAKSTEEL gave a large move recently.

Stock of Manaksia Steels Limited (MANAKSTEEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Manaksia Steels Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Manaksia Steels Limited stays above 59.2, but if it comes below 59.2, then a intra day sell could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 53 as target. However if you take a buy trade in Manaksia Steels Limited, then use 59.2 as stoploss and 66.6 as target.

More indepth analysis on MunafaSutra.com