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

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

10 day averaged volume of Sakthi Sugar is 110666

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 38.12 38.56 39.18 37.96 1 times
29 Mon Apr 2024 38.43 37.80 40.59 37.59 3.137 times
26 Fri Apr 2024 37.70 39.10 39.10 37.52 0.427 times
25 Thu Apr 2024 38.35 38.11 39.35 37.70 0.694 times
24 Wed Apr 2024 37.46 37.45 38.20 36.88 0.276 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.1, but if it comes below 38.1, then a intra day sell could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 36.03 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 40.5 as target.

Share price targets for Sakthi Sugar (SakthiSugar)

Target Type Value
Downside Target 26.82
Downside Target 29.00
Downside Target 30.74
Downside Target 31.99
Downside Target 34.70
Downside Target 37.16
Downside Target 37.59
Upside Target 38.51
Upside Target 38.80
Upside Target 39.35
Upside Target 40.59
Upside Target 46.69

Intraday share price targets for Sakthi Sugar (SakthiSugar)

Target Type Value
Downside Intraday Target 36.94
Downside Intraday Target 35.77
Upside Intraday Target 39.94
Upside Intraday Target 41.77
Upside Intraday Target 38.77

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 38.12 37.80 40.59 37.59 0.976 times
26 Fri Apr 2024 37.70 34.70 39.35 34.70 1.589 times
19 Fri Apr 2024 34.62 33.00 35.30 32.50 0.842 times
12 Fri Apr 2024 35.69 38.26 38.51 35.30 0.644 times
05 Fri Apr 2024 38.02 29.87 38.80 29.87 3.908 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 Sakthi Sugar (SakthiSugar)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 38.12 29.87 40.59 29.87 2.071 times
28 Thu Mar 2024 29.64 36.95 37.16 29.00 0.133 times
29 Thu Feb 2024 35.94 30.23 46.69 29.55 5.594 times
31 Wed Jan 2024 29.96 29.30 30.74 26.82 0.623 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sakthi Sugar (SakthiSugar)

Indicator Name Indicator Value Indicator Signal
ADX 32, 13, 42 Buy
MACD 2, 2Buy
Stochastics 73Buy
CCI 66Sell
RSI 47Sell
OBV 1268246Sell
VWAP 37Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

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

ADX buy sell signal for Sakthi Sugar stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sakthi Sugar in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sakthi Sugar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Sugar in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 Sakthi Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.3 and Sakthi Sugar (SakthiSugar) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sakthi Sugar (SakthiSugar) stock. Volume based technical analysis of Sakthi Sugar (SakthiSugar) stock is negative.

Sakthi Sugar Stock is giving positive 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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