(Sonal) Sonal complete technical analysis [charts+indicators] | Buy/Sell Sonal | (Sonal) share price targets
Complete technical analysis of Sonal (Sonal) by charts plus indicators, forecast predictions and share price targets for Sonal (Sonal)
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Sonal is 2995
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 114.49 | 132.00 | 132.00 | 112.55 | 7.073 times |
| 30 Thu May 2024 | 116.99 | 100.00 | 120.00 | 99.00 | 7.737 times |
| 29 Wed May 2024 | 100.00 | 100.00 | 100.00 | 98.90 | 0.036 times |
| 28 Tue May 2024 | 100.35 | 101.00 | 101.00 | 93.58 | 0.161 times |
| 27 Mon May 2024 | 100.68 | 99.96 | 101.92 | 96.99 | 0.292 times |
| 24 Fri May 2024 | 98.00 | 99.00 | 99.00 | 96.00 | 0.105 times |
| 23 Thu May 2024 | 100.44 | 97.00 | 101.00 | 95.70 | 0.787 times |
| 22 Wed May 2024 | 97.65 | 96.00 | 102.29 | 93.61 | 0.529 times |
| 21 Tue May 2024 | 97.00 | 98.50 | 99.00 | 97.00 | 0.104 times |
| 17 Fri May 2024 | 98.50 | 99.00 | 99.50 | 97.05 | 0.24 times |
Stock of Sonal (Sonal) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112.4, for a target of 106 or 100.69
Share price targets for Sonal (Sonal)
| Target Type | Value |
| Downside Target | 80.62 |
| Downside Target | 85.05 |
| Downside Target | 88.62 |
| Downside Target | 91.00 |
| Downside Target | 93.58 |
| Downside Target | 100.00 |
| Downside Target | 102.29 |
| Downside Target | 105.96 |
| Downside Target | 109.50 |
| Downside Target | 112.00 |
| Upside Target | 123.00 |
| Upside Target | 132.00 |
Intraday share price targets for Sonal (Sonal)
| Target Type | Value |
| Downside Intraday Target | 94.71 |
| Downside Intraday Target | 74.94 |
| Upside Intraday Target | 133.13 |
| Upside Intraday Target | 151.78 |
| Downside Intraday Target | 113.36 |
Weekly technical analysis of Sonal (Sonal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 114.49 | 99.96 | 132.00 | 93.58 | 10.034 times |
| 24 Fri May 2024 | 98.00 | 98.50 | 102.29 | 93.61 | 2.384 times |
| 17 Fri May 2024 | 98.50 | 98.50 | 100.00 | 95.00 | 0.782 times |
| 10 Fri May 2024 | 100.50 | 103.95 | 104.00 | 96.00 | 0.494 times |
| 03 Fri May 2024 | 100.21 | 98.99 | 105.96 | 96.25 | 0.369 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sonal (Sonal)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 114.49 | 97.11 | 132.00 | 93.58 | 2.086 times |
| 30 Tue Apr 2024 | 98.63 | 93.20 | 112.00 | 91.00 | 1.041 times |
| 28 Thu Mar 2024 | 93.14 | 101.00 | 109.50 | 80.62 | 0.166 times |
| 29 Thu Feb 2024 | 99.08 | 92.00 | 123.00 | 88.62 | 4.108 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sonal (Sonal)
Price action analysis of Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) based on a short to mid 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 Sonal ( (Sonal) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sonal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sonal in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sonal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 113.62 and Sonal (Sonal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sonal (Sonal) stock. Volume based technical analysis of Sonal (Sonal) stock is negative.
Sonal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) based on a short to mid 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 Sonal ( (Sonal) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sonal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sonal in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sonal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 113.62 and Sonal (Sonal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sonal (Sonal) stock. Volume based technical analysis of Sonal (Sonal) stock is negative.
Sonal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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