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MANILAM_SM NEWS why is Manilam Industries Ind L price falling or rising

MANILAM_SM NEWS reasons for why stock price of Manilam Industries Ind L is falling or rising

MANILAM_SM Manilam Industries is falling or rising technical reasons

Technical analysis forecast for Manilam Industries Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Manilam Industries MANILAM_SM at this time. Stock is falling and might fall more.

It appears as if Manilam Industries MANILAM_SM gave a large move recently.

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

My analysis of Manilam Industries is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 59.8 as stoploss in an intra day buy trade for a target of 61.28. However, stock will show a bearish move below 59.8.

MANILAM_SM Manilam Industries is falling or rising NEWS fundamental reasons

More announcements and NEWS

MANILAM_SM Manilam Industries Ind L current price & indicator signals

Moving Averages for Manilam Industries Ind L

  • 5Day Average: 61.18
  • 12Day Average: 61.54
  • 20Day Average: 61.78
  • 50Day Average: 59.26

MANILAM_SM Indicators & signals

Indicator MACD (12,26,9)

61.39, 61.02, 0.74
Indicator MACD is in positive zone

Indicator ADX (14)

6.25, 22.47, 25.47
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANILAM_SM Manilam Industries Ind L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Fri Jun 2026 60.00 60.00 to 60.00 -1.64% 0.57 times
10 Wed Jun 2026 61.00 61.00 to 61.00 -1.45% 0.1 times
09 Tue Jun 2026 61.90 59.50 to 63.00 -0.16% 0.76 times
08 Mon Jun 2026 62.00 60.00 to 62.00 1.64% 0.29 times
04 Thu Jun 2026 61.00 61.00 to 61.00 0.08% 0.19 times
03 Wed Jun 2026 60.95 58.00 to 61.00 1.33% 1.52 times
02 Tue Jun 2026 60.15 55.00 to 61.00 -5.79% 1.62 times
01 Mon Jun 2026 63.85 62.90 to 64.00 -1.77% 1.71 times
29 Fri May 2026 65.00 62.50 to 65.00 4.92% 3.24 times
27 Wed May 2026 61.95 61.00 to 62.90 2.91% 0.38 times
26 Tue May 2026 60.20 60.20 to 60.60 -0.5% 0.19 times
25 Mon May 2026 60.50 60.30 to 60.50 -3.82% 0.19 times

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MANILAM_SM NEWS why is Manilam Industries Ind L price falling or rising

 

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