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(SAKHTISUG) Sakthi Sugars complete technical analysis [charts+indicators] | Buy/Sell Sakthi Sugars | (SAKHTISUG) share price targets

Complete technical analysis of Sakthi Sugars (SAKHTISUG) by charts plus indicators, forecast predictions and share price targets for Sakthi Sugars (SAKHTISUG)

10 day averaged volume of Sakthi Sugars is 233842

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 33.85 34.60 34.90 33.65 0.812 times
20 Mon May 2024 34.35 34.20 34.85 33.95 0.395 times
17 Fri May 2024 34.20 33.85 34.40 33.85 0.663 times
16 Thu May 2024 33.75 34.35 34.80 33.55 0.949 times
15 Wed May 2024 34.20 33.95 34.75 33.95 0.818 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.9, but if it comes above 33.9, then a intra day buy could be more profitable.
If you take a sell trade below 33.9, then use 33.9 as stoploss and 31.8 as target. However if you take a buy trade in stock , then use 33.9 as stoploss and 35.67 as target.

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type Value
Downside Target 26.75
Downside Target 28.90
Downside Target 30.80
Downside Target 32.80
Upside Target 34.80
Upside Target 36.25
Upside Target 37.05
Upside Target 37.25
Upside Target 38.45
Upside Target 39.45
Upside Target 40.65
Upside Target 46.75

Intraday share price targets for Sakthi Sugars (SAKHTISUG)

Target Type Value
Downside Intraday Target 33.37
Downside Intraday Target 32.88
Upside Intraday Target 34.62
Upside Intraday Target 35.38
Upside Intraday Target 34.13

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 33.85 34.20 34.90 33.65 0.237 times
17 Fri May 2024 34.20 33.80 34.80 32.80 0.685 times
10 Fri May 2024 34.10 36.70 37.05 33.40 0.446 times
03 Fri May 2024 36.45 37.90 40.65 36.25 0.833 times
26 Fri Apr 2024 37.65 34.80 39.45 34.80 2.886 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 Sakthi Sugars (SAKHTISUG)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 33.85 38.35 38.45 32.80 0.258 times
30 Tue Apr 2024 38.20 30.00 40.65 29.90 1.713 times
28 Thu Mar 2024 29.80 36.25 37.25 28.90 0.155 times
29 Thu Feb 2024 36.20 30.15 46.75 29.45 3.694 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 Sakthi Sugars (SAKHTISUG)

Indicator Name Indicator Value Indicator Signal
ADX 16, 22, 15 Sell
MACD -0, -0Sell
Stochastics 37None
CCI -13Sell
RSI 53Buy
OBV 2369105Sell
VWAP 34Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Sakthi Sugars ( (SAKHTISUG) ) based on a short 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.

Price action analysis of Sakthi Sugars ( (SAKHTISUG) ) based on a short 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.

Price action analysis of Sakthi Sugars ( (SAKHTISUG) ) 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 Sakthi Sugars ( (SAKHTISUG) ) 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 Sakthi Sugars stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sakthi Sugars in short term and the sell signal is strong.

Sakthi Sugars 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 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 SELL signal for Sakthi Sugars in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sakthi Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.1 and Sakthi Sugars (SAKHTISUG) 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 Sakthi Sugars (SAKHTISUG) stock. Volume based technical analysis of Sakthi Sugars (SAKHTISUG) stock is negative.

Sakthi Sugars Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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