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(ManaliPetro) Manali Petro complete technical analysis [charts+indicators] | Buy/Sell Manali Petro | (ManaliPetro) share price targets

Complete technical analysis of Manali Petro (ManaliPetro) by charts plus indicators, forecast predictions and share price targets for Manali Petro (ManaliPetro)

Showing technical analysis as on 2024-02-26 View latest technical analysis

10 day averaged volume of Manali Petro is 102035

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	71.19	72.09	72.73	71.05	0.313 times
23 Fri Feb 2024	72.09	71.64	73.54	71.64	0.156 times
22 Thu Feb 2024	72.74	72.40	73.73	70.86	0.608 times
21 Wed Feb 2024	71.65	73.04	73.59	71.05	0.468 times
20 Tue Feb 2024	72.86	74.10	74.70	72.20	0.958 times
19 Mon Feb 2024	73.92	73.03	75.50	73.03	1.069 times
16 Fri Feb 2024	73.57	73.05	75.45	73.00	0.895 times
15 Thu Feb 2024	73.09	73.20	75.69	72.50	0.826 times
14 Wed Feb 2024	72.02	68.63	72.32	68.00	0.611 times
13 Tue Feb 2024	68.84	71.24	72.16	67.61	3.399 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 71.7, but if it comes above 71.7, then a intra day buy could be more profitable.
If you take a sell trade below 71.7, then use 71.7 as stoploss and 66.9 as target. However if you take a buy trade in stock , then use 71.7 as stoploss and 75.62 as target.

Share price targets for Manali Petro (ManaliPetro)

Target Type	Value
Downside Target	63.00
Downside Target	64.83
Downside Target	67.61
Downside Target	70.86
Upside Target	72.73
Upside Target	74.50
Upside Target	77.65
Upside Target	78.91
Upside Target	81.35
Upside Target	83.92
Upside Target	84.45
Upside Target	87.15

Intraday share price targets for Manali Petro (ManaliPetro)

Target Type	Value
Downside Intraday Target	70.58
Downside Intraday Target	69.98
Upside Intraday Target	72.26
Upside Intraday Target	73.34
Upside Intraday Target	71.66

Weekly technical analysis of Manali Petro (ManaliPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	71.19	72.09	72.73	71.05	0.096 times
23 Fri Feb 2024	72.09	73.03	75.50	70.86	0.484 times
16 Fri Feb 2024	73.57	78.91	78.91	67.61	0.694 times
09 Fri Feb 2024	77.36	81.94	83.92	75.75	1.368 times
02 Fri Feb 2024	79.63	78.00	81.35	77.65	1.158 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 Manali Petro (ManaliPetro)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	71.19	79.00	83.92	67.61	0.506 times
31 Wed Jan 2024	78.77	80.99	87.15	75.36	0.891 times
29 Fri Dec 2023	79.26	66.16	84.45	65.60	4.861 times
30 Thu Nov 2023	66.19	68.61	71.17	64.83	0.468 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 Manali Petro (ManaliPetro)

Price action analysis of Manali Petro ( (ManaliPetro) ) 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 Manali Petro ( (ManaliPetro) ) 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 Manali Petro ( (ManaliPetro) ) based on a mid to longer 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.

ADX buy sell signal for Manali Petro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Manali Petro in short term and the sell signal is strong.

Manali Petro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Manali Petro 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

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

Stock of Manali Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.41 and Manali Petro (ManaliPetro) 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 Manali Petro (ManaliPetro) stock. Volume based technical analysis of Manali Petro (ManaliPetro) stock is negative.

Manali Petro 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.