Login or Join
Learn then Earn

(MANAPPURAM) Manappuram Finance complete technical analysis [charts+indicators] | Buy/Sell Manappuram Finance | (MANAPPURAM) share price targets

Complete technical analysis of Manappuram Finance (MANAPPURAM) by charts plus indicators, forecast predictions and share price targets for Manappuram Finance (MANAPPURAM)

10 day averaged volume of Manappuram Finance is 9287052

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 190.81 192.85 194.20 189.95 0.888 times
20 Thu Jun 2024 192.85 191.00 195.20 190.26 0.662 times
19 Wed Jun 2024 190.26 193.00 193.30 187.50 0.742 times
18 Tue Jun 2024 191.74 186.40 193.20 184.40 1.327 times
14 Fri Jun 2024 185.37 186.81 187.70 184.85 0.626 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 187.8, but if it comes below 187.8, then a intra day sell could be more profitable.
If you take a sell trade below 187.8, then use 187.8 as stoploss and 178.9 as target. However if you take a buy trade in stock , then use 187.8 as stoploss and 198.5 as target.

Share price targets for Manappuram Finance (MANAPPURAM)

Target Type Value
Downside Target 156.10
Downside Target 165.05
Downside Target 170.05
Downside Target 173.50
Downside Target 184.40
Downside Target 188.15
Upside Target 192.50
Upside Target 195.20
Upside Target 199.00
Upside Target 206.45
Upside Target 207.30

Intraday share price targets for Manappuram Finance (MANAPPURAM)

Target Type Value
Downside Intraday Target 185.07
Downside Intraday Target 179.34
Upside Intraday Target 195.87
Upside Intraday Target 200.94
Downside Intraday Target 190.14

Weekly technical analysis of Manappuram Finance (MANAPPURAM)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 190.81 186.40 195.20 184.40 0.675 times
14 Fri Jun 2024 185.37 177.99 188.15 176.95 0.948 times
07 Fri Jun 2024 178.95 174.20 179.80 156.10 1.148 times
31 Fri May 2024 168.65 180.30 180.30 166.60 1.682 times
24 Fri May 2024 180.40 184.25 185.00 173.50 0.682 times

Price has moved up 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 Manappuram Finance (MANAPPURAM)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 190.81 174.20 195.20 156.10 0.724 times
31 Fri May 2024 168.65 201.20 206.45 165.05 1.283 times
30 Tue Apr 2024 200.15 175.05 207.30 175.00 0.911 times
28 Thu Mar 2024 173.15 177.50 199.00 158.30 0.92 times

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 Manappuram Finance (MANAPPURAM)

Indicator Name Indicator Value Indicator Signal
ADX 28, 17, 26 Buy
MACD 5, 2Buy
Stochastics 86Buy
CCI 87Sell
RSI 53Buy
OBV 25075501Sell
VWAP 186Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) based on a short to mid 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 Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Manappuram Finance in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Manappuram Finance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Manappuram Finance in short term but SELL 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

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

Stock of Manappuram Finance is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 185.59 and Manappuram Finance (MANAPPURAM) 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 Manappuram Finance (MANAPPURAM) stock. Volume based technical analysis of Manappuram Finance (MANAPPURAM) stock is negative.

Manappuram Finance 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.

Click here for Manappuram Finance charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme