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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 2025-05-16 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 24274

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	82.37	80.30	83.30	80.01	1.637 times
15 Thu May 2025	80.38	81.49	81.49	80.00	0.406 times
14 Wed May 2025	80.11	80.00	81.39	78.50	1.091 times
13 Tue May 2025	78.66	76.75	82.00	76.49	3.608 times
12 Mon May 2025	76.75	75.40	77.39	74.99	0.844 times
09 Fri May 2025	72.13	70.10	72.90	70.10	0.544 times
08 Thu May 2025	71.81	73.52	75.19	71.60	0.605 times
07 Wed May 2025	71.97	73.27	74.44	71.26	0.628 times
06 Tue May 2025	73.43	77.12	77.32	73.00	0.633 times
05 Mon May 2025	76.28	76.99	78.49	76.10	0.939 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 82.2, but if it comes below 82.2, then a intra day sell could be more profitable.
If you take a sell trade below 82.2, then use 82.2 as stoploss and 78.46 as target. However if you take a buy trade in stock , then use 82.2 as stoploss and 86.6 as target.

Share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Target	70.10
Downside Target	72.01
Downside Target	74.05
Downside Target	76.56
Downside Target	78.49
Downside Target	81.45
Upside Target	83.30
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	77.14
Downside Intraday Target	71.91
Upside Intraday Target	85.45
Upside Intraday Target	88.53
Downside Intraday Target	80.22

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	82.37	75.40	83.30	74.99	2.265 times
09 Fri May 2025	72.13	76.99	78.49	70.10	1.146 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Drugs (MANGALAM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri May 2025	82.37	78.99	83.30	70.10	0.622 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 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 Mangalam Drugs (MANGALAM)

Price action analysis of Mangalam Drugs ( (MANGALAM) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mangalam Drugs 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.

Mangalam Drugs 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mangalam Drugs in short term and BUY 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

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 77.68 and Mangalam Drugs (MANGALAM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.