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

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

10 day averaged volume of Magadhsugar is 3081

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 655.25 645.90 659.95 645.90 0.32 times
07 Tue May 2024 648.20 655.95 655.95 643.20 0.094 times
06 Mon May 2024 665.15 655.95 669.00 648.70 0.8 times
03 Fri May 2024 664.20 671.20 672.55 654.95 0.438 times
02 Thu May 2024 665.15 657.45 673.30 651.55 0.747 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 647, but if it comes below 647, then a intra day sell could be more profitable.
If you take a sell trade below 647, then use 647 as stoploss and 610.82 as target. However if you take a buy trade in stock , then use 647 as stoploss and 690.4 as target.

Share price targets for Magadhsugar (Magadhsugar)

Target Type Value
Downside Target 490.15
Downside Target 515.05
Downside Target 570.65
Downside Target 592.10
Downside Target 643.20
Downside Target 650.20
Upside Target 669.00
Upside Target 673.30
Upside Target 679.95
Upside Target 695.00
Upside Target 717.00

Intraday share price targets for Magadhsugar (Magadhsugar)

Target Type Value
Downside Intraday Target 642.63
Downside Intraday Target 630.02
Upside Intraday Target 668.43
Upside Intraday Target 681.62
Upside Intraday Target 655.82

Weekly technical analysis of Magadhsugar (Magadhsugar)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 655.25 655.95 669.00 643.20 0.151 times
03 Fri May 2024 664.20 606.00 679.95 597.55 5.357 times
26 Fri Apr 2024 594.10 570.65 609.95 570.65 3.27 times
19 Fri Apr 2024 567.30 490.15 592.10 490.15 0.603 times
12 Fri Apr 2024 592.50 581.05 617.95 578.85 0.385 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 Magadhsugar (Magadhsugar)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 655.25 657.45 673.30 643.20 0.208 times
30 Tue Apr 2024 658.15 505.95 679.95 490.15 1.403 times
28 Thu Mar 2024 534.95 603.15 650.20 515.05 0.52 times
29 Thu Feb 2024 625.25 641.00 695.00 603.90 1.391 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 Magadhsugar (Magadhsugar)

Indicator Name Indicator Value Indicator Signal
ADX 31, 16, 31 Buy
MACD 31, 22Buy
Stochastics 77Buy
CCI 42Buy
RSI 49Sell
OBV 30337Sell
VWAP 652Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Magadhsugar ( (Magadhsugar) ) 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 Magadhsugar ( (Magadhsugar) ) 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 Magadhsugar ( (Magadhsugar) ) 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 Magadhsugar ( (Magadhsugar) ) based on a mid to longer term time period is

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

MACD generated a BUY signal for Magadhsugar 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.

Magadhsugar 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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 Magadhsugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 651.86 and Magadhsugar (Magadhsugar) 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 Magadhsugar (Magadhsugar) stock. Volume based technical analysis of Magadhsugar (Magadhsugar) stock is negative.

Magadhsugar 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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