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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 2024-08-20 View latest technical analysis

10 day averaged volume of Sakthi Sugar is 53719

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	39.98	39.50	40.15	38.76	1.821 times
19 Mon Aug 2024	38.43	37.52	39.72	37.52	1.84 times
16 Fri Aug 2024	37.83	37.41	38.09	37.00	0.904 times
14 Wed Aug 2024	37.28	37.99	37.99	36.70	0.41 times
13 Tue Aug 2024	37.51	37.66	38.50	36.98	1.227 times
12 Mon Aug 2024	37.29	36.25	37.59	36.20	0.898 times
09 Fri Aug 2024	36.93	36.75	37.66	36.45	0.274 times
08 Thu Aug 2024	37.16	38.00	38.23	37.10	0.333 times
07 Wed Aug 2024	37.96	37.00	38.40	36.50	1.173 times
06 Tue Aug 2024	36.35	37.45	37.93	36.15	2.168 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.4, but if it comes below 39.4, then a intra day sell could be more profitable.
If you take a sell trade below 39.4, then use 39.4 as stoploss and 38.29 as target. However if you take a buy trade in stock , then use 39.4 as stoploss and 40.8 as target.

Share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Target	29.05
Downside Target	29.87
Downside Target	31.55
Downside Target	35.61
Downside Target	37.52
Upside Target	40.15
Upside Target	40.59
Upside Target	40.64
Upside Target	41.15
Upside Target	42.75
Upside Target	44.02

Intraday share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Intraday Target	38.28
Downside Intraday Target	36.59
Upside Intraday Target	40.91
Upside Intraday Target	41.85
Downside Intraday Target	39.22

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	39.98	37.52	40.15	37.52	1.064 times
16 Fri Aug 2024	37.83	36.25	38.50	36.20	0.729 times
09 Fri Aug 2024	36.93	37.01	38.40	36.15	0.494 times
02 Fri Aug 2024	38.96	39.15	41.15	38.26	1.689 times
26 Fri Jul 2024	39.16	37.50	40.64	35.61	1.066 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
20 Tue Aug 2024	39.98	39.90	40.15	36.15	0.345 times
31 Wed Jul 2024	39.55	40.77	42.75	35.61	0.572 times
28 Fri Jun 2024	39.39	31.95	44.02	29.05	4.229 times
31 Fri May 2024	31.88	37.36	38.44	31.55	0.426 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 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 Sakthi Sugar ( (SakthiSugar) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sakthi Sugar 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.

Sakthi Sugar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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 37.87 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 rising upwards.

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 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.