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(SAAKSHI_SM) Saakshi Medtec complete technical analysis [charts+indicators] | Buy/Sell Saakshi Medtec | (SAAKSHI_SM) share price targets

Complete technical analysis of Saakshi Medtec (SAAKSHI_SM) by charts plus indicators, forecast predictions and share price targets for Saakshi Medtec (SAAKSHI_SM)

10 day averaged volume of Saakshi Medtec is 16860

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 233.50 232.60 239.90 232.60 0.569 times
16 Thu May 2024 234.80 238.00 238.00 230.60 0.641 times
15 Wed May 2024 232.65 235.00 238.00 228.00 1.566 times
14 Tue May 2024 232.75 230.00 235.00 230.00 0.854 times
13 Mon May 2024 226.35 233.00 233.00 222.20 1.174 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 235.1, but if it comes above 235.1, then a intra day buy could be more profitable.
If you take a sell trade below 235.1, then use 235.1 as stoploss and 220.7 as target. However if you take a buy trade in stock , then use 235.1 as stoploss and 247.15 as target.

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type Value
Downside Target 190.30
Downside Target 203.00
Downside Target 218.00
Upside Target 235.05
Upside Target 239.90
Upside Target 252.00
Upside Target 254.90
Upside Target 264.50
Upside Target 270.00
Upside Target 271.00
Upside Target 275.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type Value
Downside Intraday Target 223.83
Downside Intraday Target 214.17
Upside Intraday Target 241.53
Upside Intraday Target 249.57
Downside Intraday Target 231.87

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 233.50 233.00 239.90 222.20 0.925 times
10 Fri May 2024 232.60 275.00 275.00 229.15 0.726 times
03 Fri May 2024 260.20 262.00 270.00 252.00 0.624 times
26 Fri Apr 2024 260.65 240.00 264.50 235.05 3.354 times
19 Fri Apr 2024 238.15 234.10 240.00 226.50 0.706 times

Price has moved up 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 Saakshi Medtec (SAAKSHI_SM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 233.50 259.30 275.00 222.20 0.523 times
30 Tue Apr 2024 255.00 218.00 264.50 218.00 0.492 times
28 Thu Mar 2024 224.30 252.00 271.00 190.30 0.843 times
29 Thu Feb 2024 251.10 234.00 254.00 206.50 0.739 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 Saakshi Medtec (SAAKSHI_SM)

Indicator Name Indicator Value Indicator Signal
ADX 18, 21, 7 Sell
MACD -2, 2Sell
Stochastics 22Sell
CCI -39Buy
RSI 52Buy
OBV -20400Sell
VWAP 238Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a short 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 Saakshi Medtec ( (SAAKSHI_SM) ) 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 Saakshi Medtec ( (SAAKSHI_SM) ) based on a mid to longer 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.

ADX buy sell signal for Saakshi Medtec stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Saakshi Medtec in short term and the sell signal is strong.

Saakshi Medtec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Saakshi Medtec in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Saakshi Medtec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 238.41 and Saakshi Medtec (SAAKSHI_SM) 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 Saakshi Medtec (SAAKSHI_SM) stock. Volume based technical analysis of Saakshi Medtec (SAAKSHI_SM) stock is negative.

Saakshi Medtec 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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