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(SheetalDiam) Sheetal Diam complete technical analysis [charts+indicators] | Buy/Sell Sheetal Diam | (SheetalDiam) share price targets

Complete technical analysis of Sheetal Diam (SheetalDiam) by charts plus indicators, forecast predictions and share price targets for Sheetal Diam (SheetalDiam)

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Sheetal Diam is 11723

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	61.84	61.85	61.85	61.84	0.49 times
07 Thu Mar 2024	63.10	63.50	63.50	63.07	1.109 times
06 Wed Mar 2024	64.35	65.00	65.00	64.35	0.625 times
05 Tue Mar 2024	65.66	67.00	67.00	65.66	0.53 times
04 Mon Mar 2024	67.00	67.00	67.50	67.00	1.333 times
01 Fri Mar 2024	67.00	66.50	67.83	66.50	0.678 times
29 Thu Feb 2024	66.50	66.15	66.50	66.15	1.372 times
28 Wed Feb 2024	66.15	66.50	66.50	66.15	2.047 times
27 Tue Feb 2024	67.49	67.58	67.58	67.49	0.419 times
26 Mon Feb 2024	66.26	67.65	67.66	66.26	0.944 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.8, but if it comes above 62.8, then a intra day buy could be more profitable.
If you take a sell trade below 62.8, then use 62.8 as stoploss and 59.2 as target. However if you take a buy trade in stock , then use 62.8 as stoploss and 65.85 as target.

Share price targets for Sheetal Diam (SheetalDiam)

Target Type	Value
Downside Target	45.85
Downside Target	47.14
Downside Target	55.88
Downside Target	58.89
Downside Target	61.84
Upside Target	66.15
Upside Target	67.50
Upside Target	67.83
Upside Target	68.08
Upside Target	73.55
Upside Target	74.49

Intraday share price targets for Sheetal Diam (SheetalDiam)

Target Type	Value
Downside Intraday Target	61.84
Downside Intraday Target	61.83
Upside Intraday Target	61.85
Upside Intraday Target	61.85
Upside Intraday Target	61.84

Weekly technical analysis of Sheetal Diam (SheetalDiam)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	61.84	61.85	61.85	61.84	0.136 times
07 Thu Mar 2024	63.10	67.00	67.50	63.07	0.659 times
01 Fri Mar 2024	67.00	67.65	67.83	66.15	0.485 times
23 Fri Feb 2024	67.61	70.95	74.49	67.61	0.931 times
16 Fri Feb 2024	67.58	64.00	68.08	55.88	0.749 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 Sheetal Diam (SheetalDiam)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	61.84	66.50	67.83	61.84	0.099 times
29 Thu Feb 2024	66.50	68.77	74.49	55.88	0.96 times
31 Wed Jan 2024	70.17	64.13	73.55	64.13	0.472 times
29 Fri Dec 2023	62.89	60.06	62.89	47.14	2.425 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 Sheetal Diam (SheetalDiam)

Price action analysis of Sheetal Diam ( (SheetalDiam) ) 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 Sheetal Diam ( (SheetalDiam) ) 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 Sheetal Diam ( (SheetalDiam) ) 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 Sheetal Diam stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sheetal Diam in short term and the sell signal is strong.

Sheetal Diam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Sheetal Diam 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sheetal Diam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.73 and Sheetal Diam (SheetalDiam) 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 Sheetal Diam (SheetalDiam) stock. Volume based technical analysis of Sheetal Diam (SheetalDiam) stock is negative.

Sheetal Diam 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.