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

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

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Sri Nachamai is 1828

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	31.10	31.05	32.97	31.05	0.414 times
19 Tue Mar 2024	32.97	33.94	33.94	30.66	0.123 times
18 Mon Mar 2024	33.50	31.50	34.00	29.40	0.969 times
15 Fri Mar 2024	31.43	31.54	31.54	30.00	1.097 times
14 Thu Mar 2024	31.60	29.93	31.70	28.66	0.465 times
13 Wed Mar 2024	29.93	32.29	32.30	28.01	1.934 times
12 Tue Mar 2024	31.99	31.70	33.24	31.00	0.405 times
11 Mon Mar 2024	32.00	34.88	34.88	31.50	1.027 times
07 Thu Mar 2024	32.29	33.15	34.95	32.25	1.495 times
06 Wed Mar 2024	34.00	33.10	34.90	32.00	2.386 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.6, but if it comes above 31.6, then a intra day buy could be more profitable.
If you take a sell trade below 31.6, then use 31.6 as stoploss and 29.9 as target. However if you take a buy trade in stock , then use 31.6 as stoploss and 33.1 as target.

Share price targets for Sri Nachamai (SriNachamai)

Target Type	Value
Downside Target	28.01
Downside Target	29.40
Downside Target	30.00
Downside Target	30.92
Upside Target	34.00
Upside Target	34.88
Upside Target	35.30
Upside Target	37.26
Upside Target	37.80
Upside Target	38.95
Upside Target	40.00
Upside Target	42.08

Intraday share price targets for Sri Nachamai (SriNachamai)

Target Type	Value
Downside Intraday Target	29
Downside Intraday Target	26.9
Upside Intraday Target	33.6
Upside Intraday Target	36.1
Upside Intraday Target	31.5

Weekly technical analysis of Sri Nachamai (SriNachamai)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	31.10	31.50	34.00	29.40	0.306 times
15 Fri Mar 2024	31.43	34.88	34.88	28.01	0.481 times
07 Thu Mar 2024	32.29	33.50	35.00	30.92	2.816 times
02 Sat Mar 2024	33.50	37.80	37.80	32.30	0.143 times
23 Fri Feb 2024	34.70	35.28	42.08	32.53	6.533 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 Sri Nachamai (SriNachamai)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	31.10	35.00	35.30	28.01	0.414 times
29 Thu Feb 2024	34.78	35.00	42.08	31.55	2.096 times
31 Wed Jan 2024	36.04	33.10	40.00	31.05	1.688 times
29 Fri Dec 2023	33.10	33.94	38.95	31.67	0.938 times

Scroll below to view daily charts

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 Sri Nachamai (SriNachamai)

Price action analysis of Sri Nachamai ( (SriNachamai) ) 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 Sri Nachamai ( (SriNachamai) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sri Nachamai ( (SriNachamai) ) 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 Sri Nachamai ( (SriNachamai) ) 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 Sri Nachamai stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Sri Nachamai 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sri Nachamai in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sri Nachamai is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.15 and Sri Nachamai (SriNachamai) 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 Sri Nachamai (SriNachamai) stock. Volume based technical analysis of Sri Nachamai (SriNachamai) stock is negative.

Sri Nachamai 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.