50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep tra
1.46 INR
283.84 M INR
6.81 B INR
20.01 M
About MANAKSIA STEELS LTD
Sector
Industry
CEO
Vineet P. Agrawal
Website
Headquarters
Kolkata
Founded
2001
ISIN
INE824Q01011
FIGI
BBG008DRQR82
Manaksia Steels Ltd. engages in the business of manufacturing value-added secondary steel products like cold rolled, galvanized corrugated, galvanized plain, and color coated sheets. It operates under the India and Overseas geographical segments. The company was founded on June 7, 2001 and is headquartered in Kolkata, India.
SWING IDEA - MANAKSTEELNSE:MANAKSTEEL 's stock price has been consolidating around the 50 resistance level for approximately two years. Following multiple tests, the stock finally broke out above this level in January 2024 and has since established it as a key support.
The stock subsequently surged to a peak of 107, rep
MANAKSTEEL - Long Setup, Move is ON...Stock name - Manaksia Steels Limited.
✅#MANAKSTEEL trading above Resistance of 92
✅Next Resistance is at 111
✅Moved 60% in 3 Weeks
Daily chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be inval
[Trading Idea] Breakout in MANEKSTEELNSE:MANAKSTEEL has broken out in WTF with good volumes. In last 2 weeks, stock has already moved nearly 60% up but still there is room to go further up.
If I take the breakout from the previous swing close (instead of high) as a more conservative target then it comes around to 99. Stock is current
MANAKSTEEL - Long Setup, Move is ON.....Stock name = Manaksia Steels Limited.
✅#MANAKSTEEL trading above Resistance of 68
✅Next Resistance is at 92
✅Moved 18% in 1 Week
Daily chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalid
MANAKSTEELStock name = Manaksia Steels Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose
Manaksia Steel (Swing):Manaksia Steel (Swing):
Manaksia Steel is hovering around the multiyear supply zone.
Script is set for a nice up move.
Appropriate support, resistance levels are highlighted with target.
Keep adding between 46-52 with a SL around 42.
Trade offers a RR of more than 1:8.
Note: Do your own due dilig
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MANAKSTEEL is 72.00 INR — it has increased by 20.00% in the past 24 hours. Watch MANAKSIA STEELS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange MANAKSIA STEELS LTD stocks are traded under the ticker MANAKSTEEL.
MANAKSTEEL stock has risen by 16.85% compared to the previous week, the month change is a 7.56% rise, over the last year MANAKSIA STEELS LTD has showed a 28.11% increase.
MANAKSTEEL reached its all-time high on Jan 30, 2024 with the price of 107.00 INR, and its all-time low was 5.10 INR and was reached on Mar 29, 2016. View more price dynamics on MANAKSTEEL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MANAKSTEEL stock is 19.69% volatile and has beta coefficient of 0.83. Track MANAKSIA STEELS LTD stock price on the chart and check out the list of the most volatile stocks — is MANAKSIA STEELS LTD there?
Today MANAKSIA STEELS LTD has the market capitalization of 3.30 B, it has increased by 8.41% over the last week.
Yes, you can track MANAKSIA STEELS LTD financials in yearly and quarterly reports right on TradingView.
MANAKSTEEL net income for the last quarter is 23.18 M INR, while the quarter before that showed 10.94 M INR of net income which accounts for 111.85% change. Track more MANAKSIA STEELS LTD financial stats to get the full picture.
No, MANAKSTEEL doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 23, 2025, the company has 189 employees. See our rating of the largest employees — is MANAKSIA STEELS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MANAKSIA STEELS LTD EBITDA is 138.23 M INR, and current EBITDA margin is 5.82%. See more stats in MANAKSIA STEELS LTD financial statements.
Like other stocks, MANAKSTEEL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MANAKSIA STEELS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MANAKSIA STEELS LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MANAKSIA STEELS LTD stock shows the buy signal. See more of MANAKSIA STEELS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.