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

(JaganLamps) Jagan Lamps complete technical analysis [charts+indicators] | Buy/Sell Jagan Lamps | (JaganLamps) share price targets

Complete technical analysis of Jagan Lamps (JaganLamps) by charts plus indicators, forecast predictions and share price targets for Jagan Lamps (JaganLamps)

Showing technical analysis as on 2023-05-23 View latest technical analysis

10 day averaged volume of Jagan Lamps is 7695

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue May 2023	57.95	59.70	59.70	56.51	0.586 times
22 Mon May 2023	57.92	58.10	59.35	57.05	0.369 times
19 Fri May 2023	59.28	60.90	60.95	57.80	1.14 times
18 Thu May 2023	59.72	60.30	60.30	58.02	0.663 times
17 Wed May 2023	59.54	58.55	59.83	57.57	0.701 times
16 Tue May 2023	59.04	59.29	59.90	58.55	0.73 times
15 Mon May 2023	60.33	60.00	62.00	58.62	1.186 times
12 Fri May 2023	59.71	58.50	60.00	58.50	0.428 times
11 Thu May 2023	59.68	58.20	61.00	58.20	1.086 times
10 Wed May 2023	59.77	58.16	61.15	57.00	2.284 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.5, but if it comes above 58.5, then a intra day buy could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 57.5 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 59.32 as target.

Share price targets for Jagan Lamps (JaganLamps)

Target Type	Value
Downside Target	38.01
Downside Target	41.40
Downside Target	45.20
Downside Target	49.90
Downside Target	52.00
Downside Target	56.00
Upside Target	59.70
Upside Target	61.50
Upside Target	62.00
Upside Target	62.40
Upside Target	63.00
Upside Target	76.65

Intraday share price targets for Jagan Lamps (JaganLamps)

Target Type	Value
Downside Intraday Target	56.41
Downside Intraday Target	54.86
Upside Intraday Target	59.6
Upside Intraday Target	61.24
Upside Intraday Target	58.05

Weekly technical analysis of Jagan Lamps (JaganLamps)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue May 2023	57.95	58.10	59.70	56.51	0.216 times
19 Fri May 2023	59.28	60.00	62.00	57.57	0.735 times
12 Fri May 2023	59.71	61.50	61.50	56.00	1.281 times
05 Fri May 2023	57.58	61.40	62.40	57.00	0.702 times
28 Fri Apr 2023	60.18	62.00	63.00	57.90	0.463 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 Jagan Lamps (JaganLamps)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue May 2023	57.95	61.40	62.40	56.00	0.182 times
28 Fri Apr 2023	60.18	54.00	76.65	53.00	4.94 times
31 Fri Mar 2023	48.40	44.50	53.40	38.01	1.432 times
28 Tue Feb 2023	43.50	48.20	49.90	41.40	0.77 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 Jagan Lamps (JaganLamps)

Price action analysis of Jagan Lamps ( (JaganLamps) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Jagan Lamps ( (JaganLamps) ) 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 Jagan Lamps ( (JaganLamps) ) 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 Jagan Lamps stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Jagan Lamps 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Jagan Lamps 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Jagan Lamps is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.5 and Jagan Lamps (JaganLamps) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Jagan Lamps (JaganLamps) stock. Volume based technical analysis of Jagan Lamps (JaganLamps) stock is negative.

Jagan Lamps 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.