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Stock analysis Manaksia Steels Limited MANAKSTEEL

More indepth analysis on MunafaSutra.com

Moving Averages for Manaksia Steels Limited

  • 5Day Average: 59.23
  • 12Day Average: 64.02
  • 20Day Average: 58.49
  • 50Day Average: 52.91
  • 100Day Average: 55.62
  • 150Day Average: 58.91
  • 200Day Average: 58.69

MANAKSTEEL Indicators & signals

Indicator MACD (12,26,9)

60.37, 57.87, 3.15
Indicator MACD is in positive zone

Indicator ADX (14)

22.47, 31.74, 20.09
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
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 Tue Jun 2025 60.56 58.05 to 60.56 4.99% 0.13 times
23 Mon Jun 2025 57.68 57.21 to 58.86 -1.22% 0.07 times
20 Fri Jun 2025 58.39 58.01 to 60.32 -0.8% 0.12 times
19 Thu Jun 2025 58.86 58.10 to 60.25 -2.94% 0.04 times
18 Wed Jun 2025 60.64 59.43 to 61.48 0% 0.13 times
17 Tue Jun 2025 60.64 60.00 to 63.95 -10.67% 0.16 times
30 Wed Apr 2025 67.88 66.80 to 70.00 -0.37% 0.49 times
29 Tue Apr 2025 68.13 67.10 to 71.97 -3.1% 0.6 times
28 Mon Apr 2025 70.31 69.11 to 73.99 -4.11% 1.15 times
25 Fri Apr 2025 73.32 62.75 to 75.68 14.98% 5.75 times
24 Thu Apr 2025 63.77 63.60 to 68.88 -6.28% 1.47 times
23 Wed Apr 2025 68.04 61.10 to 72.21 13.06% 20.92 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Manaksia Steels Limited is bullish for shortterm, and stock might move up till 67.2 or till 77.1. Use a stoploss of 58.9 and if this stock hits its stoploss, then it can fall down till 50.61

More indepth analysis on MunafaSutra.com