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(MANGALAM) Mangalam Drugs complete technical analysis [charts+indicators] | Buy/Sell Mangalam Drugs | (MANGALAM) share price targets

Complete technical analysis of Mangalam Drugs (MANGALAM) by charts plus indicators, forecast predictions and share price targets for Mangalam Drugs (MANGALAM)

Mangalam Drugs trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2025-05-08 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 18560

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	71.81	73.52	75.19	71.60	0.791 times
07 Wed May 2025	71.97	73.27	74.44	71.26	0.822 times
06 Tue May 2025	73.43	77.12	77.32	73.00	0.829 times
05 Mon May 2025	76.28	76.99	78.49	76.10	1.228 times
02 Fri May 2025	77.02	78.99	79.25	76.56	0.916 times
30 Wed Apr 2025	78.02	79.00	79.01	77.10	0.339 times
29 Tue Apr 2025	78.04	79.19	79.73	77.81	1.162 times
28 Mon Apr 2025	79.19	78.50	81.45	77.99	1.404 times
25 Fri Apr 2025	80.25	83.80	83.80	79.28	1.199 times
24 Thu Apr 2025	83.02	82.13	84.11	81.80	1.439 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 74.3, but if it comes above 74.3, then a intra day buy could be more profitable.
If you take a sell trade below 74.3, then use 74.3 as stoploss and 70 as target. However if you take a buy trade in stock , then use 74.3 as stoploss and 77.95 as target.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	71.26
Upside Target	74.05
Upside Target	76.56
Upside Target	78.49
Upside Target	81.45
Upside Target	83.80
Upside Target	85.93
Upside Target	91.20
Upside Target	93.67
Upside Target	96.30
Upside Target	116.02
Upside Target	124.89

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	69.22
Downside Intraday Target	66.62
Upside Intraday Target	76.45
Upside Intraday Target	81.08
Upside Intraday Target	73.85

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	71.81	76.99	78.49	71.26	0.96 times
02 Fri May 2025	77.02	78.50	81.45	76.56	0.626 times
25 Fri Apr 2025	80.25	84.39	85.93	79.28	1.385 times
17 Thu Apr 2025	81.72	78.99	83.80	78.50	1.153 times
11 Fri Apr 2025	77.69	77.00	79.00	72.01	0.529 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 Mangalam Drugs (MANGALAM)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu May 2025	71.81	78.99	79.25	71.26	0.187 times
30 Wed Apr 2025	78.02	75.58	85.93	72.01	0.341 times
28 Fri Mar 2025	74.30	93.67	93.67	74.05	2.253 times
28 Fri Feb 2025	91.92	103.13	116.02	91.20	0.934 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 Mangalam Drugs (MANGALAM)

Price action analysis of Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs ( (MANGALAM) ) 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 Mangalam Drugs stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mangalam Drugs in short term and the sell signal is strong.

Mangalam Drugs 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 buy signal for Mangalam Drugs in short term but BUY signal is weak.

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

Stock of Mangalam Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 77.51 and Mangalam Drugs (MANGALAM) 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 Mangalam Drugs (MANGALAM) stock. Volume based technical analysis of Mangalam Drugs (MANGALAM) stock is negative.

Mangalam Drugs 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.