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(DHANUKA) Dhanuka Agritech complete technical analysis [charts+indicators] | Buy/Sell Dhanuka Agritech | (DHANUKA) share price targets

Complete technical analysis of Dhanuka Agritech (DHANUKA) by charts plus indicators, forecast predictions and share price targets for Dhanuka Agritech (DHANUKA)

10 day averaged volume of Dhanuka Agritech is 39010

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 1242.30 1326.55 1335.40 1232.80 2.254 times
20 Mon May 2024 1315.65 1340.00 1340.00 1307.05 0.152 times
17 Fri May 2024 1323.95 1347.85 1363.40 1287.55 2.393 times
16 Thu May 2024 1341.15 1356.70 1364.40 1329.90 0.432 times
15 Wed May 2024 1349.95 1349.90 1377.90 1314.75 0.965 times

Stock of Dhanuka Agritech (DHANUKA) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1242.3, for a target of 1295.7 or 1340.3

Share price targets for Dhanuka Agritech (DHANUKA)

Target Type Value
Downside Target 933.80
Downside Target 1000.00
Downside Target 1047.00
Downside Target 1077.20
Downside Target 1232.80
Upside Target 1298.00
Upside Target 1340.00
Upside Target 1377.90
Upside Target 1409.00
Upside Target 1424.65
Upside Target 1428.95

Intraday share price targets for Dhanuka Agritech (DHANUKA)

Target Type Value
Downside Intraday Target 1203.4
Downside Intraday Target 1164.5
Upside Intraday Target 1310.6
Upside Intraday Target 1378.9
Upside Intraday Target 1271.7

Weekly technical analysis of Dhanuka Agritech (DHANUKA)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 1242.30 1340.00 1340.00 1232.80 0.422 times
17 Fri May 2024 1323.95 1279.95 1377.90 1240.05 1.317 times
10 Fri May 2024 1281.05 1375.65 1409.00 1250.20 1.176 times
03 Fri May 2024 1368.80 1411.10 1428.95 1360.35 0.377 times
26 Fri Apr 2024 1396.60 1263.00 1424.65 1254.05 1.093 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 Dhanuka Agritech (DHANUKA)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 1242.30 1400.00 1409.00 1232.80 0.458 times
30 Tue Apr 2024 1397.10 1052.00 1428.95 1000.00 1.337 times
28 Thu Mar 2024 1025.85 1063.60 1077.20 933.80 0.462 times
29 Thu Feb 2024 1063.60 1246.95 1247.00 1000.00 1.317 times

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 Dhanuka Agritech (DHANUKA)

Indicator Name Indicator Value Indicator Signal
ADX 16, 28, 27 Sell
MACD 59, 80Sell
Stochastics 35None
CCI -101Sell
RSI 51Buy
OBV -58015Sell
VWAP 1299Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Dhanuka Agritech ( (DHANUKA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dhanuka Agritech ( (DHANUKA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Dhanuka Agritech ( (DHANUKA) ) 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 Dhanuka Agritech ( (DHANUKA) ) 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 Dhanuka Agritech stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dhanuka Agritech in short term but the sell signal is initial and weak.

Dhanuka Agritech 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dhanuka Agritech in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Dhanuka Agritech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1299.2 and Dhanuka Agritech (DHANUKA) 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 Dhanuka Agritech (DHANUKA) stock. Volume based technical analysis of Dhanuka Agritech (DHANUKA) stock is negative.

Dhanuka Agritech Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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