Volume spike lifts MANAKALUCO.NS to INR 33.55 intraday 07 Jan 2026: monitor 50-day
A sharp intraday volume surge pushed MANAKALUCO.NS stock to INR 33.55 on 07 Jan 2026 on the NSE in India. Volume hit 783,606 shares versus an average of 31,970, a relative volume of 164.46, signalling heavy trader interest. Price traded between INR 31.08 and INR 35.00 today. Momentum indicators are stretched, so active traders should watch follow-through and the 50-day trend.
MANAKALUCO.NS stock intraday volume spike
Today’s spike shows volume 783,606 against avgVolume 31,970, a clear liquidity event. This spike often attracts short-term traders and can precede volatile moves. Check intraday VWAP and order flow for confirmation.
MANAKALUCO.NS stock technicals and momentum
Momentum is strong with RSI 73.76 and MACD histogram 0.72, signalling overbought conditions. ADX at 40.49 indicates a strong trend, while the day high was INR 35.00 and day low INR 31.08.
MANAKALUCO.NS stock fundamentals and valuation
Manaksia Aluminium Company Limited shows EPS 0.96 and PE 40.26 on the NSE in India. Market cap is INR 2.53B and price-to-book is 1.83. Track margins and working capital given long inventory days at 213.91.
Meyka grade and forecast for MANAKALUCO.NS stock
Meyka AI rates MANAKALUCO.NS with a score out of 100: 57.79 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly INR 24.88, yearly INR 29.43, and five-year INR 31.53; yearly projection implies -12.28% versus current INR 33.55. Forecasts are model-based projections and not guarantees.
MANAKALUCO.NS stock trading plan and price targets
Near-term resistance sits at the day high INR 35.00 and support at INR 31.08. Analyst-style targets: conservative INR 37.00 (upside 10.28%) and optimistic to year high INR 40.26 (upside 20.00%). Suggested stop-loss for momentum trades is INR 30.00.
Risks and sector context for MANAKALUCO.NS stock
The stock sits in Basic Materials with exposure to commodity cycles and exports to about 20 countries. Cash conversion cycle is long at 171.74 days and interest coverage is low at 1.26, raising cyclical risk. Sector performance and aluminium price swings will affect earnings.
Final Thoughts
Key takeaway: the intraday volume spike on 07 Jan 2026 pushed MANAKALUCO.NS stock to INR 33.55 and highlighted heavy short-term interest. Technicals show overbought momentum with RSI 73.76 and ADX 40.49, so expect higher intraday volatility. Fundamentals are mixed: EPS 0.96, PE 40.26, PB 1.83, and working capital strains from long inventory days. Meyka AI’s forecast model projects a yearly level near INR 29.43, implying -12.28% from the current price; the model is a projection, not a certainty. Traders seeking short-term setups can watch for a clean break above INR 35.00 with sustained volume to target INR 37.00 and INR 40.26. Longer term investors should weigh sector cyclicality and the C+ Meyka grade. Use tight risk controls given stretched momentum and thin free cash flow metrics. Meyka AI provided this AI-powered market analysis platform insight to help frame the trade and risk plan.
FAQs
The spike reflects concentrated buying and higher intraday orders with **volume 783,606** vs **avgVolume 31,970**. It may be driven by momentum traders, news flow, or institutional activity. Check order book and VWAP to confirm sustained interest.
Short-term traders may trade breakouts above **INR 35.00** with a stop-loss near **INR 30.00**. Long-term investors should assess fundamentals, PE **40.26**, and Meyka AI’s HOLD grade before adding exposure. Always manage risk.
Practical targets: **INR 37.00** near-term and **INR 40.26** optimistic. Suggested stop-loss for intraday momentum is **INR 30.00**. These targets are market-based, not guarantees.
Meyka AI assigns a **C+ (57.79)** grade and projects a yearly level around **INR 29.43**, implying downside versus current price. The grade weighs sector, growth, metrics, and forecasts. This is informational, not financial advice.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
