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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)

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Sakthi Sugar is 37786

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	32.88	31.95	33.70	31.95	1.676 times
31 Fri May 2024	31.88	32.66	32.66	31.55	1.261 times
30 Thu May 2024	32.02	34.45	34.45	31.90	0.418 times
29 Wed May 2024	32.31	33.38	34.40	32.15	1.983 times
28 Tue May 2024	32.73	34.57	34.57	32.50	1.523 times
27 Mon May 2024	33.23	35.45	35.45	33.15	1.768 times
24 Fri May 2024	33.92	33.05	34.65	33.05	0.351 times
23 Thu May 2024	33.61	34.40	34.45	33.50	0.559 times
22 Wed May 2024	34.05	34.83	34.83	33.69	1.06 times
21 Tue May 2024	34.07	32.90	34.55	32.90	0.884 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 32.8 as stoploss in an intra day buy trade for a target of 33.64. However, stock will show a bearish move below 32.8.

Share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Target	29.00
Downside Target	31.55
Upside Target	32.90
Upside Target	34.83
Upside Target	35.45
Upside Target	35.64
Upside Target	36.71
Upside Target	37.16
Upside Target	38.44
Upside Target	40.59
Upside Target	46.69

Intraday share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Intraday Target	31.99
Downside Intraday Target	31.09
Upside Intraday Target	33.74
Upside Intraday Target	34.59
Downside Intraday Target	32.84

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	32.88	31.95	33.70	31.95	0.241 times
31 Fri May 2024	31.88	35.45	35.45	31.55	2.436 times
24 Fri May 2024	33.92	32.90	34.83	32.90	0.824 times
18 Sat May 2024	34.21	35.64	35.64	33.00	0.415 times
10 Fri May 2024	33.98	36.65	36.71	33.50	0.581 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
03 Mon Jun 2024	32.88	31.95	33.70	31.95	0.07 times
31 Fri May 2024	31.88	37.36	38.44	31.55	0.426 times
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

Scroll below to view daily charts

Price has moved up 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 Sugar (SakthiSugar)

Price action analysis of Sakthi Sugar ( (SakthiSugar) ) 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 Sakthi Sugar ( (SakthiSugar) ) 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 Sugar ( (SakthiSugar) ) 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 Sakthi Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sakthi Sugar 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.

Sakthi Sugar 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sakthi Sugar 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 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 32.94 and Sakthi Sugar (SakthiSugar) 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 Sugar (SakthiSugar) stock. Volume based technical analysis of Sakthi Sugar (SakthiSugar) stock is negative.

Sakthi Sugar 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.