Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-05 View latest technical analysis

10 day averaged volume of Sri Nachamai is 1067

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	34.00	35.00	35.00	33.30	0.976 times
02 Fri Aug 2024	35.00	36.60	36.70	34.72	2.45 times
01 Thu Aug 2024	36.54	36.70	36.70	35.15	1.789 times
31 Wed Jul 2024	35.02	37.80	37.80	35.02	0.1 times
30 Tue Jul 2024	36.70	36.25	38.00	35.00	0.352 times
29 Mon Jul 2024	36.25	37.00	38.30	36.25	0.207 times
26 Fri Jul 2024	36.50	36.05	36.50	36.05	0.141 times
25 Thu Jul 2024	37.35	37.49	37.50	36.90	2.3 times
23 Tue Jul 2024	35.75	35.60	35.77	35.50	0.73 times
22 Mon Jul 2024	34.07	35.60	35.60	34.00	1.657 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.6, but if it comes above 34.6, then a intra day buy could be more profitable.
If you take a sell trade below 34.6, then use 34.6 as stoploss and 33.3 as target. However if you take a buy trade in stock , then use 34.6 as stoploss and 35.75 as target.

Share price targets for Sri Nachamai (SriNachamai)

Target Type	Value
Downside Target	27.97
Downside Target	33.25
Upside Target	36.70
Upside Target	36.80
Upside Target	37.50
Upside Target	37.90
Upside Target	38.30
Upside Target	39.00
Upside Target	39.33
Upside Target	44.90
Upside Target	55.00

Intraday share price targets for Sri Nachamai (SriNachamai)

Target Type	Value
Downside Intraday Target	33.2
Downside Intraday Target	32.4
Upside Intraday Target	34.9
Upside Intraday Target	35.8
Upside Intraday Target	34.1

Weekly technical analysis of Sri Nachamai (SriNachamai)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	34.00	35.00	35.00	33.30	0.199 times
02 Fri Aug 2024	35.00	37.00	38.30	34.72	1.015 times
26 Fri Jul 2024	36.50	35.60	37.50	34.00	1.656 times
19 Fri Jul 2024	35.60	36.00	36.80	33.25	3.009 times
12 Fri Jul 2024	35.10	34.30	37.90	34.30	0.13 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
05 Mon Aug 2024	34.00	36.70	36.70	33.30	0.31 times
31 Wed Jul 2024	35.02	36.53	39.33	33.25	0.933 times
28 Fri Jun 2024	35.81	42.00	44.90	33.65	0.086 times
30 Thu May 2024	42.86	35.20	55.00	35.01	6.498 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 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 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. Bears are getting stronger in this stock.

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 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 Sri Nachamai is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.68 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.