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(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 2024-10-09 View latest technical analysis

10 day averaged volume of Sri Nachamai is 1728

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	37.60	41.80	41.80	37.00	0.428 times
08 Tue Oct 2024	39.56	37.00	41.98	36.99	0.888 times
07 Mon Oct 2024	36.14	39.65	40.23	36.00	3.797 times
03 Thu Oct 2024	38.51	38.36	39.89	36.15	0.481 times
01 Tue Oct 2024	37.42	40.75	40.75	36.11	0.332 times
30 Mon Sep 2024	39.00	37.01	39.45	36.10	1.452 times
27 Fri Sep 2024	36.10	39.50	39.50	35.61	0.873 times
26 Thu Sep 2024	39.50	43.00	43.00	36.00	1.288 times
25 Wed Sep 2024	39.49	37.00	39.50	37.00	0.34 times
24 Tue Sep 2024	37.00	37.00	37.00	37.00	0.231 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.1 as stoploss in an intra day buy trade for a target of 38.83. However, stock will show a bearish move below 37.1.

Share price targets for Sri Nachamai (SriNachamai)

Target Type	Value
Downside Target	30.61
Downside Target	33.25
Downside Target	35.01
Upside Target	37.95
Upside Target	39.33
Upside Target	40.75
Upside Target	41.98
Upside Target	43.00
Upside Target	43.95
Upside Target	44.77
Upside Target	44.90

Intraday share price targets for Sri Nachamai (SriNachamai)

Target Type	Value
Downside Intraday Target	35.07
Downside Intraday Target	32.55
Upside Intraday Target	41.05
Upside Intraday Target	44.51
Upside Intraday Target	38.53

Weekly technical analysis of Sri Nachamai (SriNachamai)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	37.60	39.65	41.98	36.00	2.258 times
03 Thu Oct 2024	38.51	37.01	40.75	36.10	0.742 times
27 Fri Sep 2024	36.10	37.34	43.00	35.61	0.726 times
20 Fri Sep 2024	38.50	42.20	44.77	37.95	0.388 times
13 Fri Sep 2024	42.20	42.00	43.95	35.07	4.704 times

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

Monthly technical analysis of Sri Nachamai (SriNachamai)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	37.60	40.75	41.98	36.00	0.272 times
30 Mon Sep 2024	39.00	36.10	44.77	35.01	1.543 times
29 Thu Aug 2024	36.05	36.70	38.15	30.61	1.359 times
31 Wed Jul 2024	35.02	36.53	39.33	33.25	0.933 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 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 Sri Nachamai ( (SriNachamai) ) 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 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 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 Sri Nachamai stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Sri Nachamai 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sri Nachamai in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 37.62 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 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.