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

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

10 day averaged volume of Manali Petro is 64291

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 61.74 61.81 63.96 61.10 0.577 times
18 Mon Nov 2024 62.36 64.48 64.48 61.36 0.22 times
14 Thu Nov 2024 63.12 64.97 64.97 61.72 0.625 times
13 Wed Nov 2024 62.13 63.00 63.45 61.01 0.855 times
12 Tue Nov 2024 63.07 65.16 66.59 62.00 1.103 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.4, but if it comes above 63.4, then a intra day buy could be more profitable.
If you take a sell trade below 63.4, then use 63.4 as stoploss and 59.6 as target. However if you take a buy trade in stock , then use 63.4 as stoploss and 66.6 as target.

Share price targets for Manali Petro (ManaliPetro)

Target Type Value
Downside Target 61.01
Upside Target 63.25
Upside Target 65.80
Upside Target 73.00
Upside Target 73.95
Upside Target 80.71
Upside Target 83.51
Upside Target 86.61
Upside Target 89.41
Upside Target 92.45
Upside Target 100.21
Upside Target 104.99

Intraday share price targets for Manali Petro (ManaliPetro)

Target Type Value
Downside Intraday Target 60.4
Downside Intraday Target 59.06
Upside Intraday Target 63.78
Upside Intraday Target 65.82
Upside Intraday Target 62.44

Weekly technical analysis of Manali Petro (ManaliPetro)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 61.74 64.48 64.48 61.10 0.249 times
14 Thu Nov 2024 63.12 66.13 66.98 61.01 0.494 times
08 Fri Nov 2024 66.57 73.75 73.75 65.80 1.664 times
01 Fri Nov 2024 72.67 66.00 73.00 64.51 1.261 times
25 Fri Oct 2024 65.39 73.95 73.95 63.25 1.014 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 Manali Petro (ManaliPetro)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 61.74 70.01 73.75 61.01 0.76 times
31 Thu Oct 2024 71.87 82.00 83.51 63.25 0.975 times
30 Mon Sep 2024 82.73 92.45 92.45 80.71 0.623 times
30 Fri Aug 2024 90.67 99.22 100.21 86.61 0.487 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Manali Petro (ManaliPetro)

Indicator Name Indicator Value Indicator Signal
ADX 12, 29, 40 Sell
MACD -7, -7Sell
Stochastics 12Sell
CCI -87Sell
RSI 50Sell
OBV -449715Sell
VWAP 65Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

Price action analysis of Manali Petro ( (ManaliPetro) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Manali Petro ( (ManaliPetro) ) based on a short 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 Manali Petro ( (ManaliPetro) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Manali Petro ( (ManaliPetro) ) 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 Manali Petro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Manali Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Manali Petro in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Manali Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.33 and Manali Petro (ManaliPetro) 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 Manali Petro (ManaliPetro) stock. Volume based technical analysis of Manali Petro (ManaliPetro) stock is negative.

Manali Petro Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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