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(MANAKSTEEL) Manaksia Steels complete technical analysis [charts+indicators] | Buy/Sell Manaksia Steels | (MANAKSTEEL) share price targets

Complete technical analysis of Manaksia Steels (MANAKSTEEL) by charts plus indicators, forecast predictions and share price targets for Manaksia Steels (MANAKSTEEL)

Showing technical analysis as on 2026-01-20 View latest technical analysis

10 day averaged volume of Manaksia Steels is 44673

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Jan 2026	58.21	59.64	61.21	57.60	0.423 times
19 Mon Jan 2026	60.41	62.00	62.59	60.00	1.185 times
16 Fri Jan 2026	62.67	64.95	65.06	62.11	0.501 times
14 Wed Jan 2026	63.45	62.48	64.49	61.93	0.898 times
13 Tue Jan 2026	61.91	61.93	62.95	61.05	0.435 times
12 Mon Jan 2026	61.73	62.66	64.83	59.60	1.102 times
09 Fri Jan 2026	62.66	65.70	65.70	62.42	1.151 times
08 Thu Jan 2026	65.70	68.99	70.08	65.70	1.181 times
07 Wed Jan 2026	69.15	69.00	70.99	66.21	1.452 times
06 Tue Jan 2026	69.25	71.90	71.90	68.03	0.752 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 56.3, for a target of 62.5 or 67.6

Share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Target	56.01
Upside Target	59.60
Upside Target	61.00
Upside Target	64.22
Upside Target	66.05
Upside Target	67.50
Upside Target	67.95
Upside Target	72.28
Upside Target	74.80
Upside Target	75.85
Upside Target	77.78

Intraday share price targets for Manaksia Steels (MANAKSTEEL)

Target Type	Value
Downside Intraday Target	56.34
Downside Intraday Target	54.48
Upside Intraday Target	61.33
Upside Intraday Target	64.46
Upside Intraday Target	59.47

Weekly technical analysis of Manaksia Steels (MANAKSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Jan 2026	58.21	62.00	62.59	57.60	0.547 times
16 Fri Jan 2026	62.67	62.66	65.06	59.60	0.5 times
09 Fri Jan 2026	62.66	70.40	72.28	62.42	0.935 times
02 Fri Jan 2026	68.84	74.07	75.85	66.05	0.265 times
26 Fri Dec 2025	74.07	68.09	77.78	64.22	5.413 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 Manaksia Steels (MANAKSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Jan 2026	58.21	70.05	74.80	57.60	0.277 times
31 Wed Dec 2025	70.03	62.96	77.78	57.00	2.943 times
28 Fri Nov 2025	62.54	57.02	67.50	56.20	5.289 times
31 Fri Oct 2025	57.86	58.96	61.38	56.01	0.259 times

Scroll below to view daily charts

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 Manaksia Steels (MANAKSTEEL)

Price action analysis of Manaksia Steels ( (MANAKSTEEL) ) based on a short 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 Manaksia Steels ( (MANAKSTEEL) ) 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 Manaksia Steels ( (MANAKSTEEL) ) 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 Manaksia Steels ( (MANAKSTEEL) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Manaksia Steels stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Manaksia Steels in short term and the sell signal is strong.

Manaksia Steels Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Manaksia Steels in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Manaksia Steels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.07 and Manaksia Steels (MANAKSTEEL) 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 Manaksia Steels (MANAKSTEEL) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL) stock is negative.

Manaksia Steels Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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