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(SUDARSCHEM) Sudarshan Chemical complete technical analysis [charts+indicators] | Buy/Sell Sudarshan Chemical | (SUDARSCHEM) share price targets

Complete technical analysis of Sudarshan Chemical (SUDARSCHEM) by charts plus indicators, forecast predictions and share price targets for Sudarshan Chemical (SUDARSCHEM)

10 day averaged volume of Sudarshan Chemical is 259464

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 735.35 724.95 747.95 716.70 1.009 times
16 Thu May 2024 721.00 726.00 727.00 718.15 0.757 times
15 Wed May 2024 721.55 740.75 742.40 720.10 0.375 times
14 Tue May 2024 738.15 725.00 747.80 725.00 0.705 times
13 Mon May 2024 720.35 710.00 725.15 709.65 0.478 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 749.2 as stoploss in an intra day sell trade for a target of 717.97. However, stock will show a bullish move above 749.2.

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type Value
Downside Target 500.95
Downside Target 535.15
Downside Target 564.40
Downside Target 608.00
Downside Target 668.80
Downside Target 701.25
Downside Target 709.65
Upside Target 747.95
Upside Target 757.60
Upside Target 766.50
Upside Target 781.80

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type Value
Downside Intraday Target 714.02
Downside Intraday Target 692.68
Upside Intraday Target 752.32
Upside Intraday Target 769.28
Downside Intraday Target 730.98

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 735.35 710.00 747.95 709.65 0.498 times
10 Fri May 2024 719.45 747.50 781.80 701.25 0.921 times
03 Fri May 2024 736.35 726.95 757.60 707.75 0.199 times
26 Fri Apr 2024 722.95 634.90 766.50 625.00 13.25 times
19 Fri Apr 2024 629.75 631.35 668.80 608.00 1.191 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 Sudarshan Chemical (SUDARSCHEM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 735.35 739.60 781.80 701.25 0.222 times
30 Tue Apr 2024 739.60 613.05 766.50 608.00 4.005 times
28 Thu Mar 2024 610.00 588.15 629.50 535.15 0.48 times
29 Thu Feb 2024 587.95 526.00 613.00 505.00 3.315 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 Sudarshan Chemical (SUDARSCHEM)

Indicator Name Indicator Value Indicator Signal
ADX 30, 14, 36 Buy
MACD 45, 49Sell
Stochastics 31None
CCI 22Buy
RSI 61Buy
OBV 9310768Sell
VWAP 738Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical ( (SUDARSCHEM) ) based on a short term time period is

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Sudarshan Chemical 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 moving up

CCI has generated a buy signal for Sudarshan Chemical in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sudarshan Chemical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 737.97 and Sudarshan Chemical (SUDARSCHEM) 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 Sudarshan Chemical (SUDARSCHEM) stock. Volume based technical analysis of Sudarshan Chemical (SUDARSCHEM) stock is negative.

Sudarshan Chemical 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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