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

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

Showing technical analysis as on 2025-08-11 View latest technical analysis

10 day averaged volume of Manaksia Steels is 34206

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Aug 2025	61.80	61.93	62.24	61.00	0.379 times
08 Fri Aug 2025	62.24	63.11	63.50	62.00	0.132 times
07 Thu Aug 2025	63.56	63.08	64.31	63.05	0.132 times
06 Wed Aug 2025	63.69	63.41	64.40	63.00	0.296 times
05 Tue Aug 2025	63.62	63.01	64.90	63.00	0.253 times
04 Mon Aug 2025	64.61	64.99	65.40	63.00	0.42 times
01 Fri Aug 2025	64.89	65.35	66.90	64.40	1.884 times
31 Thu Jul 2025	67.79	68.70	69.05	66.10	4.795 times
30 Wed Jul 2025	65.77	65.77	65.77	65.77	1.17 times
29 Tue Jul 2025	62.64	62.95	63.50	61.12	0.379 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 61.6 as stoploss in an intra day buy trade for a target of 63.19. However, stock will show a bearish move below 61.6.

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	53.90
Downside Target	56.52
Downside Target	58.25
Downside Target	60.45
Upside Target	64.44
Upside Target	65.00
Upside Target	65.40
Upside Target	66.90
Upside Target	68.77
Upside Target	69.05

Intraday share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Intraday Target	61.12
Downside Intraday Target	60.44
Upside Intraday Target	62.36
Upside Intraday Target	62.92
Downside Intraday Target	61.68

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Aug 2025	61.80	61.93	62.24	61.00	0.307 times
08 Fri Aug 2025	62.24	64.99	65.40	62.00	0.141 times
01 Fri Aug 2025	64.89	61.70	69.05	60.45	3.667 times
25 Fri Jul 2025	61.70	61.75	65.00	60.50	0.844 times
18 Fri Jul 2025	62.52	60.82	64.44	59.11	1.071 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Aug 2025	61.80	65.35	66.90	61.00	0.321 times
31 Thu Jul 2025	67.79	63.25	69.05	60.45	1.712 times
16 Mon Jun 2025	62.94	62.03	64.44	58.25	0.448 times
30 Fri May 2025	64.44	64.51	68.77	56.52	0.957 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_BE)

Price action analysis of Manaksia Steels ( (MANAKSTEEL_BE) ) 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_BE) ) 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_BE) ) 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 Manaksia Steels stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.07 and Manaksia Steels (MANAKSTEEL_BE) 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_BE) stock. Volume based technical analysis of Manaksia Steels (MANAKSTEEL_BE) stock is negative.

Manaksia Steels 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.