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

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

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Sonal is 2995

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 114.49 132.00 132.00 112.55 7.073 times
30 Thu May 2024 116.99 100.00 120.00 99.00 7.737 times
29 Wed May 2024 100.00 100.00 100.00 98.90 0.036 times
28 Tue May 2024 100.35 101.00 101.00 93.58 0.161 times
27 Mon May 2024 100.68 99.96 101.92 96.99 0.292 times
24 Fri May 2024 98.00 99.00 99.00 96.00 0.105 times
23 Thu May 2024 100.44 97.00 101.00 95.70 0.787 times
22 Wed May 2024 97.65 96.00 102.29 93.61 0.529 times
21 Tue May 2024 97.00 98.50 99.00 97.00 0.104 times
17 Fri May 2024 98.50 99.00 99.50 97.05 0.24 times

Stock of Sonal (Sonal) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112.4, for a target of 106 or 100.69

Share price targets for Sonal (Sonal)

Target Type Value
Downside Target 80.62
Downside Target 85.05
Downside Target 88.62
Downside Target 91.00
Downside Target 93.58
Downside Target 100.00
Downside Target 102.29
Downside Target 105.96
Downside Target 109.50
Downside Target 112.00
Upside Target 123.00
Upside Target 132.00

Intraday share price targets for Sonal (Sonal)

Target Type Value
Downside Intraday Target 94.71
Downside Intraday Target 74.94
Upside Intraday Target 133.13
Upside Intraday Target 151.78
Downside Intraday Target 113.36

Weekly technical analysis of Sonal (Sonal)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 114.49 99.96 132.00 93.58 10.034 times
24 Fri May 2024 98.00 98.50 102.29 93.61 2.384 times
17 Fri May 2024 98.50 98.50 100.00 95.00 0.782 times
10 Fri May 2024 100.50 103.95 104.00 96.00 0.494 times
03 Fri May 2024 100.21 98.99 105.96 96.25 0.369 times

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

Monthly technical analysis of Sonal (Sonal)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 114.49 97.11 132.00 93.58 2.086 times
30 Tue Apr 2024 98.63 93.20 112.00 91.00 1.041 times
28 Thu Mar 2024 93.14 101.00 109.50 80.62 0.166 times
29 Thu Feb 2024 99.08 92.00 123.00 88.62 4.108 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sonal (Sonal)

Price action analysis of Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) based on a short to mid 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 Sonal ( (Sonal) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sonal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sonal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sonal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sonal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Sonal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 113.62 and Sonal (Sonal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Sonal 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.

Price action analysis of Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) 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 Sonal ( (Sonal) ) based on a short to mid 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 Sonal ( (Sonal) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sonal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sonal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sonal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sonal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Sonal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 113.62 and Sonal (Sonal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Sonal 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.

Click here for Sonal charts

Click here for further forecast and predictions for tomorrow

Daily charts

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