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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 2025-06-23 View latest technical analysis

10 day averaged volume of Mangalam Drugs is 28508

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	79.73	79.90	80.60	78.01	0.418 times
20 Fri Jun 2025	79.82	78.05	81.05	78.05	0.373 times
19 Thu Jun 2025	79.03	79.16	80.88	78.34	0.688 times
18 Wed Jun 2025	80.49	81.11	81.67	80.00	0.231 times
17 Tue Jun 2025	81.16	81.26	83.58	80.36	1.06 times
16 Mon Jun 2025	80.83	79.20	81.20	79.15	0.688 times
13 Fri Jun 2025	80.68	79.51	82.81	79.51	0.771 times
12 Thu Jun 2025	82.16	83.60	86.01	81.60	3.218 times
11 Wed Jun 2025	83.49	83.98	84.89	82.11	1.303 times
10 Tue Jun 2025	82.98	82.35	83.60	81.44	0.863 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.8, but if it comes above 79.8, then a intra day buy could be more profitable.
If you take a sell trade below 79.8, then use 79.8 as stoploss and 78.4 as target. However if you take a buy trade in stock , then use 79.8 as stoploss and 81.02 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	78.01
Upside Target	83.51
Upside Target	83.75
Upside Target	85.93
Upside Target	86.01
Upside Target	91.20
Upside Target	93.67
Upside Target	116.02

Intraday share price targets for Mangalam Drugs (MANGALAM)

Target Type	Value
Downside Intraday Target	78.29
Downside Intraday Target	76.86
Upside Intraday Target	80.88
Upside Intraday Target	82.04
Downside Intraday Target	79.45

Weekly technical analysis of Mangalam Drugs (MANGALAM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	79.73	79.90	80.60	78.01	0.138 times
20 Fri Jun 2025	79.82	79.20	83.58	78.05	0.437 times
13 Fri Jun 2025	80.68	81.84	86.01	79.51	1.829 times
06 Fri Jun 2025	80.53	81.10	83.75	79.21	0.932 times
30 Fri May 2025	79.49	81.56	83.51	78.21	0.411 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
23 Mon Jun 2025	79.73	81.10	86.01	78.01	0.594 times
30 Fri May 2025	79.49	78.99	83.51	70.10	1.503 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mangalam Drugs stock for short term is BUY. Signal strength is Weak and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mangalam Drugs in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 81.63 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 positive

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