Stock analysis Manaksia Steels Limited MANAKSTEEL
More indepth analysis on MunafaSutra.com
Recent prices of MANAKSTEEL Manaksia Steels Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 61.74 | 61.00 to 63.90 | -0.48% | 0.59 times |
| 18 Mon Nov 2024 | 62.04 | 61.11 to 63.50 | -0.06% | 0.56 times |
| 14 Thu Nov 2024 | 62.08 | 59.10 to 63.00 | 4.62% | 0.85 times |
| 13 Wed Nov 2024 | 59.34 | 59.00 to 62.30 | -4.03% | 1.16 times |
| 12 Tue Nov 2024 | 61.83 | 61.52 to 64.09 | -2.68% | 0.9 times |
| 11 Mon Nov 2024 | 63.53 | 62.50 to 64.99 | -1.37% | 1.09 times |
| 08 Fri Nov 2024 | 64.41 | 62.80 to 68.35 | -5.31% | 1.1 times |
| 07 Thu Nov 2024 | 68.02 | 67.51 to 69.59 | -1.09% | 0.61 times |
| 06 Wed Nov 2024 | 68.77 | 65.94 to 69.02 | 3.62% | 2.75 times |
| 05 Tue Nov 2024 | 66.37 | 64.71 to 67.58 | 0.58% | 0.59 times |
| 04 Mon Nov 2024 | 65.99 | 65.24 to 66.95 | -0.51% | 0.4 times |
| 01 Fri Nov 2024 | 66.33 | 65.22 to 69.00 | -1.65% | 0.71 times |
Technical analysis forecast for Manaksia Steels Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Manaksia Steels Limited MANAKSTEEL at this time. Stock is falling and might fall more.
It appears as if Manaksia Steels Limited MANAKSTEEL gave a large move recently.
Stock of Manaksia Steels Limited (MANAKSTEEL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Manaksia Steels Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Manaksia Steels Limited stays below 62, but if it comes above 62, then a intra day buy could be more profitable.
If you take a sell trade below 62, then use 62 as stoploss and 58.8 as target. However if you take a buy trade in Manaksia Steels Limited, then use 62 as stoploss and 64.58 as target.