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

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

Showing technical analysis as on 2024-06-27 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 6503262

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	104.10	107.99	108.37	102.70	0.206 times
26 Wed Jun 2024	108.05	105.95	110.75	105.90	0.418 times
25 Tue Jun 2024	106.40	109.50	111.42	105.60	0.479 times
24 Mon Jun 2024	108.44	113.00	114.00	107.41	0.76 times
21 Fri Jun 2024	115.81	126.40	126.50	115.05	1.646 times
20 Thu Jun 2024	128.73	109.70	129.14	107.35	4.783 times
19 Wed Jun 2024	107.62	107.17	113.94	107.10	0.906 times
18 Tue Jun 2024	104.24	101.30	106.80	99.81	0.482 times
14 Fri Jun 2024	100.60	101.40	103.90	100.15	0.136 times
13 Thu Jun 2024	101.30	101.50	104.12	99.85	0.159 times

My analysis of stock is bullish for shortterm, and stock might move up till 111 or till 123.1. Use a stoploss of 100.88 and if this stock hits its stoploss, then it can fall down till 90.76

Share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Target	75.45
Downside Target	77.90
Downside Target	81.50
Downside Target	89.90
Downside Target	92.70
Downside Target	95.90
Downside Target	102.00
Downside Target	102.70
Upside Target	104.39
Upside Target	114.00
Upside Target	118.95
Upside Target	129.14

Intraday share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Intraday Target	99.87
Downside Intraday Target	95.63
Upside Intraday Target	111.17
Upside Intraday Target	118.23
Upside Intraday Target	106.93

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	104.10	113.00	114.00	102.70	0.238 times
21 Fri Jun 2024	115.81	101.30	129.14	99.81	5.735 times
14 Fri Jun 2024	100.60	94.44	104.39	92.70	4.409 times
07 Fri Jun 2024	92.55	93.95	95.90	77.90	1.068 times
31 Fri May 2024	90.65	95.10	98.00	89.90	0.618 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 Madras Fertilizers (MADRASFERT)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	104.10	93.95	129.14	77.90	9.752 times
31 Fri May 2024	90.65	92.95	98.35	82.20	0.803 times
30 Tue Apr 2024	92.75	81.70	96.50	81.50	1.266 times
28 Thu Mar 2024	81.00	97.00	102.00	75.45	0.474 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 Madras Fertilizers (MADRASFERT)

Price action analysis of Madras Fertilizers ( (MADRASFERT) ) 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 Madras Fertilizers ( (MADRASFERT) ) 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 Madras Fertilizers ( (MADRASFERT) ) based on a short to mid 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 Madras Fertilizers ( (MADRASFERT) ) 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 Madras Fertilizers stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Madras Fertilizers 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 Madras Fertilizers in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Madras Fertilizers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 118.68 and Madras Fertilizers (MADRASFERT) 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 Madras Fertilizers (MADRASFERT) stock. Volume based technical analysis of Madras Fertilizers (MADRASFERT) stock is negative.

Madras Fertilizers 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.