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

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

Garden Silk trades in NSE in Textiles sector.

10 day averaged volume of Garden Silk is 543019

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Jan 2021	7.60	7.60	7.60	7.60	0.348 times
22 Fri Jan 2021	7.95	7.90	7.95	7.80	0.234 times
21 Thu Jan 2021	7.60	7.45	7.60	7.25	0.297 times
20 Wed Jan 2021	7.25	7.45	7.60	7.10	0.623 times
19 Tue Jan 2021	7.45	7.75	8.10	7.45	2.015 times
18 Mon Jan 2021	7.80	7.80	8.30	7.80	1.8 times
15 Fri Jan 2021	8.20	8.20	8.50	8.20	1.095 times
14 Thu Jan 2021	8.60	8.25	9.05	8.25	3.594 times
13 Wed Jan 2021	8.65	8.65	8.65	8.65	0.164 times
12 Tue Jan 2021	9.10	9.10	9.10	9.10	0.073 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.8, but if it comes above 7.8, then a intra day buy could be more profitable.
If you take a sell trade below 7.8, then use 7.8 as stoploss and 5.3 as target. However if you take a buy trade in stock , then use 7.8 as stoploss and 9.87 as target.

Share price targets for Garden Silk (GARDENSILK)

Target Type	Value
Downside Target	5.55
Downside Target	6.30
Downside Target	7.10
Downside Target	7.60
Upside Target	8.20
Upside Target	9.55
Upside Target	9.80
Upside Target	10.05
Upside Target	11.10
Upside Target	12.55
Upside Target	12.60
Upside Target	13.30
Upside Target	13.95
Upside Target	14.40

Intraday share price targets for Garden Silk (GARDENSILK)

Target Type	Value
Downside Intraday Target	7.6
Downside Intraday Target	7.6
Downside Intraday Target	7.6
Downside Intraday Target	7.6
Downside Intraday Target	7.6

Weekly technical analysis of Garden Silk (GARDENSILK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Jan 2021	7.60	7.60	7.60	7.60	0.07 times
22 Fri Jan 2021	7.95	7.80	8.30	7.10	0.988 times
15 Fri Jan 2021	8.20	9.55	9.55	8.20	3.158 times
08 Fri Jan 2021	10.05	12.25	12.60	10.05	3.279 times
01 Fri Jan 2021	12.85	13.30	13.95	12.55	1.12 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 Garden Silk (GARDENSILK)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Mon Jan 2021	7.60	13.30	13.30	7.10	5.086 times
31 Thu Dec 2020	13.00	10.25	14.40	10.25	5.12 times
27 Fri Nov 2020	9.80	8.00	9.80	7.75	0.379 times
18 Thu Jun 2020	9.30	6.60	11.10	6.35	1.914 times

Scroll below to view daily charts

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

Indicators analysis of Garden Silk (GARDENSILK)

Price action analysis of Garden Silk ( (GARDENSILK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Garden Silk ( (GARDENSILK) ) 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 Garden Silk ( (GARDENSILK) ) 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 Garden Silk ( (GARDENSILK) ) 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 Garden Silk stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Garden Silk in short term and the sell signal is strong.

Garden Silk 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 Garden Silk 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 Garden Silk is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.03 and Garden Silk (GARDENSILK) 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 Garden Silk (GARDENSILK) stock. Volume based technical analysis of Garden Silk (GARDENSILK) stock is negative.

Garden Silk 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.