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(MAGNUM) Magnum Ventures complete technical analysis [charts+indicators] | Buy/Sell Magnum Ventures | (MAGNUM) share price targets

Complete technical analysis of Magnum Ventures (MAGNUM) by charts plus indicators, forecast predictions and share price targets for Magnum Ventures (MAGNUM)

Magnum Ventures trades in NSE in Paper & Paper Products sector.

Showing technical analysis as on 2024-12-05 View latest technical analysis

10 day averaged volume of Magnum Ventures is 225241

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	41.58	42.25	43.28	41.11	0.466 times
04 Wed Dec 2024	42.67	43.00	43.03	42.10	0.352 times
03 Tue Dec 2024	42.43	42.00	42.75	41.01	0.393 times
02 Mon Dec 2024	41.61	41.40	42.10	39.80	0.644 times
29 Fri Nov 2024	40.60	39.88	40.70	39.28	0.517 times
28 Thu Nov 2024	39.88	38.90	40.80	38.69	0.771 times
27 Wed Nov 2024	38.51	39.95	40.50	36.55	1.551 times
26 Tue Nov 2024	39.95	37.53	40.90	37.51	1.652 times
25 Mon Nov 2024	37.08	42.23	42.75	36.00	3.105 times
22 Fri Nov 2024	41.19	43.00	43.45	41.00	0.612 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.4 as stoploss in an intra day buy trade for a target of 44.45. However, stock will show a bearish move below 39.4.

Share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Target	36.00
Downside Target	39.80
Downside Target	41.00
Upside Target	42.75
Upside Target	45.07
Upside Target	45.99
Upside Target	52.60
Upside Target	53.00
Upside Target	54.02
Upside Target	55.48
Upside Target	56.60

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type	Value
Downside Intraday Target	39.83
Downside Intraday Target	38.07
Upside Intraday Target	43.31
Upside Intraday Target	45.03
Downside Intraday Target	41.55

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	41.58	41.40	43.28	39.80	0.244 times
29 Fri Nov 2024	40.60	42.23	42.75	36.00	2.285 times
22 Fri Nov 2024	41.19	43.56	45.99	41.00	0.262 times
14 Thu Nov 2024	44.04	52.01	56.60	43.10	1.974 times
08 Fri Nov 2024	52.36	48.00	53.00	45.25	3.391 times

Price has moved up 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 Magnum Ventures (MAGNUM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	41.58	41.40	43.28	39.80	0.061 times
29 Fri Nov 2024	40.60	48.00	56.60	36.00	1.447 times
31 Thu Oct 2024	47.98	47.47	52.60	41.65	1.771 times
30 Mon Sep 2024	46.52	50.00	54.02	45.07	0.622 times

Scroll below to view daily charts

Price has moved up 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 Magnum Ventures (MAGNUM)

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short to mid 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 Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Magnum Ventures in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magnum Ventures Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Magnum Ventures in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Stock of Magnum Ventures is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.32 and Magnum Ventures (MAGNUM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Magnum Ventures (MAGNUM) stock. Volume based technical analysis of Magnum Ventures (MAGNUM) stock is negative.

Magnum Ventures 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.