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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 2024-10-18 View latest technical analysis

10 day averaged volume of Sakthi Sugar is 168868

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	38.29	37.50	38.42	36.55	0.269 times
17 Thu Oct 2024	37.62	39.70	39.70	37.28	0.923 times
16 Wed Oct 2024	39.04	39.20	39.97	38.65	0.619 times
15 Tue Oct 2024	39.97	40.00	40.27	39.09	0.252 times
14 Mon Oct 2024	39.82	41.00	41.18	39.41	0.473 times
11 Fri Oct 2024	40.73	41.72	41.72	40.52	0.197 times
10 Thu Oct 2024	40.91	41.57	42.40	40.61	0.802 times
09 Wed Oct 2024	40.79	40.90	41.19	40.00	0.885 times
08 Tue Oct 2024	40.02	38.31	40.90	38.04	0.462 times
07 Mon Oct 2024	38.69	43.11	43.81	38.37	2.706 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.4, but if it comes above 38.4, then a intra day buy could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 37.1 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.44 as target.

Share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Target	29.05
Downside Target	35.61
Upside Target	40.20
Upside Target	41.06
Upside Target	41.18
Upside Target	42.00
Upside Target	42.42
Upside Target	42.75
Upside Target	43.81
Upside Target	44.02

Intraday share price targets for Sakthi Sugar (SakthiSugar)

Target Type	Value
Downside Intraday Target	36.17
Downside Intraday Target	34.04
Upside Intraday Target	40.8
Upside Intraday Target	43.3
Upside Intraday Target	38.67

Weekly technical analysis of Sakthi Sugar (SakthiSugar)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	38.29	41.00	41.18	36.55	0.502 times
11 Fri Oct 2024	40.73	43.11	43.81	38.04	1.215 times
03 Thu Oct 2024	41.73	39.30	42.00	38.73	1.316 times
27 Fri Sep 2024	39.37	38.01	41.06	38.00	1.47 times
20 Fri Sep 2024	38.60	38.70	40.20	37.37	1.954 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 Sakthi Sugar (SakthiSugar)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	38.29	39.80	43.81	36.55	1.322 times
30 Mon Sep 2024	39.89	40.10	41.06	36.65	0.927 times
30 Fri Aug 2024	39.97	39.90	42.42	36.15	0.698 times
31 Wed Jul 2024	39.55	40.77	42.75	35.61	0.572 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sakthi Sugar ( (SakthiSugar) ) 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 Sakthi Sugar stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sakthi Sugar in short term but the sell signal is initial and weak.

Sakthi Sugar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Sakthi Sugar in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sakthi Sugar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.3 and Sakthi Sugar (SakthiSugar) 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 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.