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

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

10 day averaged volume of Sudarshan is 60000

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 69.00 67.84 69.70 67.00 0.48 times
16 Thu May 2024 65.57 67.47 67.47 64.31 0.507 times
15 Wed May 2024 67.00 68.04 69.84 66.57 0.587 times
14 Tue May 2024 69.50 70.95 70.95 69.50 0.907 times
13 Mon May 2024 70.69 69.50 70.90 69.50 0.4 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69.3, but if it comes above 69.3, then a intra day buy could be more profitable.
If you take a sell trade below 69.3, then use 69.3 as stoploss and 64 as target. However if you take a buy trade in stock , then use 69.3 as stoploss and 73.75 as target.

Share price targets for Sudarshan (Sudarshan)

Target Type Value
Downside Target 64.31
Downside Target 67.90
Upside Target 70.30
Upside Target 74.00
Upside Target 76.99
Upside Target 78.50
Upside Target 80.00
Upside Target 80.75
Upside Target 81.00
Upside Target 81.90
Upside Target 81.99
Upside Target 85.99

Intraday share price targets for Sudarshan (Sudarshan)

Target Type Value
Downside Intraday Target 65.22
Downside Intraday Target 61.45
Upside Intraday Target 71.86
Upside Intraday Target 74.73
Downside Intraday Target 68.09

Weekly technical analysis of Sudarshan (Sudarshan)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 69.00 69.50 70.95 64.31 0.404 times
10 Fri May 2024 69.92 76.00 76.00 66.00 1.127 times
03 Fri May 2024 75.63 76.50 80.00 74.54 1.267 times
26 Fri Apr 2024 78.00 80.50 80.75 74.00 0.935 times
19 Fri Apr 2024 80.11 75.25 81.00 74.01 0.778 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 Sudarshan (Sudarshan)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 69.00 75.88 76.99 64.31 0.58 times
30 Tue Apr 2024 76.37 75.00 81.99 70.30 0.868 times
28 Thu Mar 2024 74.11 75.88 85.99 67.90 2.422 times
29 Thu Feb 2024 74.80 76.00 78.50 65.00 1.021 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 (Sudarshan)

Indicator Name Indicator Value Indicator Signal
ADX 14, 32, 38 Sell
MACD -4, -3Sell
Stochastics 20Sell
CCI -54Buy
RSI 53Buy
OBV -416000Sell
VWAP 70Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Sudarshan ( (Sudarshan) ) 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 Sudarshan ( (Sudarshan) ) 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 Sudarshan ( (Sudarshan) ) 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 Sudarshan ( (Sudarshan) ) 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 Sudarshan stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

Sudarshan 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 moving up

CCI has generated a buy signal for Sudarshan 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

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

Stock of Sudarshan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.46 and Sudarshan (Sudarshan) 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 (Sudarshan) stock. Volume based technical analysis of Sudarshan (Sudarshan) stock is negative.

Sudarshan 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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