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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 2025-08-18 View latest technical analysis

10 day averaged volume of Manaksia Steels is 19134

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Aug 2025	59.12	58.90	60.00	58.43	0.644 times
14 Thu Aug 2025	60.03	57.28	60.50	57.28	1.618 times
13 Wed Aug 2025	60.22	60.32	62.48	59.25	1.109 times
12 Tue Aug 2025	60.88	61.80	62.78	60.61	1.022 times
11 Mon Aug 2025	61.80	61.93	62.24	61.00	0.678 times
08 Fri Aug 2025	62.24	63.11	63.50	62.00	0.236 times
07 Thu Aug 2025	63.56	63.08	64.31	63.05	0.237 times
06 Wed Aug 2025	63.69	63.41	64.40	63.00	0.529 times
05 Tue Aug 2025	63.62	63.01	64.90	63.00	0.452 times
04 Mon Aug 2025	64.61	64.99	65.40	63.00	0.75 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 58.3, for a target of 60.7 or 62.74

Share price targets for Manaksia Steels (MANAKSTEEL_BE)

Target Type	Value
Downside Target	53.90
Downside Target	56.52
Upside Target	60.00
Upside Target	62.00
Upside Target	62.78
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	58.37
Downside Intraday Target	57.61
Upside Intraday Target	59.94
Upside Intraday Target	60.75
Upside Intraday Target	59.18

Weekly technical analysis of Manaksia Steels (MANAKSTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Aug 2025	59.12	58.90	60.00	58.43	0.145 times
14 Thu Aug 2025	60.03	61.93	62.78	57.28	2.009 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

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
18 Mon Aug 2025	59.12	65.35	66.90	57.28	0.547 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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!

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 negative zone. This is the SELL 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 61.41 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.