MANORAMA NEWS why is Manorama Industries Ltd price falling or rising

MANORAMA NEWS reasons for why stock price of Manorama Industries Ltd is falling or rising

MANORAMA Manorama Industries is falling or rising technical reasons

Technical analysis forecast of Manorama Industries Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Manorama Industries MANORAMA at this time. Stock is rising and might rise more.

It appears as if Manorama Industries MANORAMA gave a large move recently.

Stock of Manorama Industries (MANORAMA) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Manorama Industries is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 638.4 as stoploss in an intra day sell trade for a target of 562.34. However, stock will show a bullish move above 638.4.

MANORAMA Manorama Industries is falling or rising NEWS fundamental reasons

Company Announcement Manorama Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-18

Company Announcement - NEWS as on 2024-04-05

Company Announcement Manorama Industries Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-04-02

Face Value Split From Rs 10 To Rs 2 Effective as on 07 Thu Mar 2024 - NEWS as on 2024-02-22

Company Announcement Manorama Industries Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results. - NEWS as on 2024-02-15

Company Announcement Manorama Industries Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-02-12

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2023 - NEWS as on 2024-02-02

More announcements and NEWS

MANORAMA Manorama Industries Ltd current price & indicator signals

Moving Averages for Manorama Industries Ltd

  • 5Day Average: 537.98
  • 12Day Average: 486.95
  • 20Day Average: 439.58
  • 50Day Average: 1101.59
  • 100Day Average: 1540.1
  • 150Day Average: 1728.06
  • 200Day Average: 1654.27

MANORAMA Indicators & signals

Indicator MACD (12,26,9)

512.76, 635.38, -195.91
Indicator MACD is in negative zone

Indicator ADX (14)

6.29, 31.89, 36.18
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 24
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of MANORAMA Manorama Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Mon Apr 2024 626.70 578.35 to 626.70 10% 1.03 times
19 Fri Apr 2024 569.75 515.75 to 578.50 7.77% 1.88 times
18 Thu Apr 2024 528.65 505.55 to 535.05 5.43% 1.39 times
16 Tue Apr 2024 501.40 463.00 to 508.80 8.2% 1.6 times
15 Mon Apr 2024 463.40 432.00 to 473.20 -0.69% 0.76 times
12 Fri Apr 2024 466.60 453.00 to 484.70 3.72% 1.64 times
10 Wed Apr 2024 449.85 441.00 to 456.90 0.18% 0.36 times
09 Tue Apr 2024 449.05 443.15 to 459.95 1.53% 0.25 times
08 Mon Apr 2024 442.30 431.55 to 465.15 -0.65% 0.69 times
05 Fri Apr 2024 445.20 434.45 to 451.00 -1.11% 0.34 times
04 Thu Apr 2024 450.20 445.10 to 473.90 -0.02% 1.08 times
03 Wed Apr 2024 450.30 422.00 to 486.20 6.74% 2.24 times

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