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Stock analysis Manorama Industries Ltd MANORAMA

More indepth analysis on MunafaSutra.com

Moving Averages for Manorama Industries Ltd

  • 5Day Average: 1082.81
  • 12Day Average: 1043.84
  • 20Day Average: 1051.56
  • 50Day Average: 1102.68
  • 100Day Average: 994.26
  • 150Day Average: 887.59
  • 200Day Average: 1043.42

MANORAMA Indicators & signals

Indicator MACD (12,26,9)

1065.15, 1070.26, -16.63
Indicator MACD is in negative zone

Indicator ADX (14)

17.38, 23.03, 16.21
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANORAMA Manorama Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 1109.15 1101.05 to 1127.30 -0.58% 2.01 times
20 Mon Jan 2025 1115.65 1084.20 to 1120.00 2.13% 1.18 times
17 Fri Jan 2025 1092.40 1060.05 to 1097.00 2.31% 0.65 times
16 Thu Jan 2025 1067.75 1041.30 to 1079.90 3.76% 0.89 times
15 Wed Jan 2025 1029.10 1002.10 to 1045.70 1.95% 0.68 times
14 Tue Jan 2025 1009.40 960.05 to 1019.00 0.38% 0.77 times
13 Mon Jan 2025 1005.60 985.00 to 1019.30 0% 1.85 times
13 Mon Jan 2025 1005.60 985.00 to 1019.30 -0.01% 1.85 times
10 Fri Jan 2025 1005.75 994.80 to 1034.20 -1.73% 0.93 times
09 Thu Jan 2025 1023.45 1020.10 to 1070.00 -1.91% 0.6 times
08 Wed Jan 2025 1043.40 1003.10 to 1048.00 2.41% 0.58 times
07 Tue Jan 2025 1018.85 1005.00 to 1048.00 2.01% 1.1 times

Technical analysis forecast of Manorama Industries Ltd 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 Manorama Industries Ltd MANORAMA at this time. Stock is rising and might rise more.

It appears as if Manorama Industries Ltd MANORAMA gave a large move recently.

Stock of Manorama Industries Ltd (MANORAMA) 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 Manorama Industries Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Manorama Industries Ltd stays above 1103.9, but if it comes below 1103.9, then a intra day sell could be more profitable.
If you take a sell trade below 1103.9, then use 1103.9 as stoploss and 1067.18 as target. However if you take a buy trade in Manorama Industries Ltd, then use 1103.9 as stoploss and 1148 as target.

More indepth analysis on MunafaSutra.com