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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 2024-06-05 View latest technical analysis

10 day averaged volume of Sakthi Sugar is 47589

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	32.60	30.80	33.80	29.05	2.147 times
04 Tue Jun 2024	29.82	33.50	33.88	29.06	1.584 times
03 Mon Jun 2024	32.88	31.95	33.70	31.95	1.331 times
31 Fri May 2024	31.88	32.66	32.66	31.55	1.002 times
30 Thu May 2024	32.02	34.45	34.45	31.90	0.332 times
29 Wed May 2024	32.31	33.38	34.40	32.15	1.574 times
28 Tue May 2024	32.73	34.57	34.57	32.50	1.209 times
27 Mon May 2024	33.23	35.45	35.45	33.15	1.404 times
24 Fri May 2024	33.92	33.05	34.65	33.05	0.279 times
23 Thu May 2024	33.61	34.40	34.45	33.50	0.444 times

Stock of Sakthi Sugar (SakthiSugar) has showed a significant upmove. This could be a good time to enter in this stock!

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 32.2 as stoploss in an intra day buy trade for a target of 33.27. However, stock will show a bearish move below 32.2.

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	29.81
Downside Intraday Target	27.01
Upside Intraday Target	34.64
Upside Intraday Target	36.67
Downside Intraday Target	31.84

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	32.60	31.95	33.88	29.05	0.917 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
05 Wed Jun 2024	32.60	31.95	33.88	29.05	0.267 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sakthi Sugar stock for short term is SELL. Signal strength is Strong 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 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 32.29 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 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.