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

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

Showing technical analysis as on 2024-10-23 View latest technical analysis

10 day averaged volume of Sheetal Diam is 423190

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	11.32	11.75	11.89	10.12	0.897 times
22 Tue Oct 2024	11.76	11.98	12.00	11.60	0.775 times
21 Mon Oct 2024	11.70	10.83	11.96	10.83	2.323 times
18 Fri Oct 2024	10.60	9.42	10.75	9.40	1.312 times
17 Thu Oct 2024	9.46	9.49	9.95	9.31	0.492 times
16 Wed Oct 2024	9.53	10.17	10.30	9.40	1.093 times
15 Tue Oct 2024	10.17	10.05	10.40	9.90	0.547 times
14 Mon Oct 2024	10.05	10.58	10.58	9.70	0.796 times
11 Fri Oct 2024	10.37	11.70	11.70	9.62	1.571 times
10 Thu Oct 2024	58.58	64.50	64.50	58.21	0.624 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.3, but if it comes above 13.3, then a intra day buy could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and -18.8 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 40.04 as target.

Share price targets for Sheetal Diam (SheetalDiam)

Target Type	Value
Downside Target	9.31
Downside Target	9.62
Downside Target	10.12
Downside Target	10.75
Upside Target	12.00
Upside Target	54.22
Upside Target	56.94
Upside Target	61.94
Upside Target	64.04
Upside Target	67.44
Upside Target	71.00
Upside Target	71.90
Upside Target	74.40
Upside Target	81.89
Upside Target	94.00

Intraday share price targets for Sheetal Diam (SheetalDiam)

Target Type	Value
Downside Intraday Target	10.29
Downside Intraday Target	9.27
Upside Intraday Target	12.17
Upside Intraday Target	13.03
Downside Intraday Target	11.15

Weekly technical analysis of Sheetal Diam (SheetalDiam)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	11.32	10.83	12.00	10.12	0.942 times
18 Fri Oct 2024	10.60	10.58	10.75	9.31	1.331 times
11 Fri Oct 2024	10.37	68.51	69.00	9.62	2.376 times
03 Thu Oct 2024	66.75	66.00	71.90	64.04	2.143 times
27 Fri Sep 2024	65.00	61.94	67.44	61.94	1.388 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 Sheetal Diam (SheetalDiam)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	11.32	66.90	71.90	9.31	6.023 times
30 Mon Sep 2024	65.64	59.10	67.99	56.94	0.663 times
30 Fri Aug 2024	59.11	70.75	71.00	54.22	0.343 times
31 Wed Jul 2024	70.57	75.61	81.89	69.00	12.1 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sheetal Diam (SheetalDiam)

Price action analysis of Sheetal Diam ( (SheetalDiam) ) 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 Sheetal Diam ( (SheetalDiam) ) 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 Sheetal Diam ( (SheetalDiam) ) based on a mid to longer 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.

ADX buy sell signal for Sheetal Diam stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sheetal Diam 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 coming down

CCI has generated a SELL signal for Sheetal Diam in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Sheetal Diam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.6 and Sheetal Diam (SheetalDiam) 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 Sheetal Diam (SheetalDiam) stock. Volume based technical analysis of Sheetal Diam (SheetalDiam) stock is negative.

Sheetal Diam 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.