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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 2024-07-10 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 3322074

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	122.74	127.89	127.89	120.00	1.172 times
09 Tue Jul 2024	130.08	123.00	131.99	120.00	4.019 times
08 Mon Jul 2024	119.97	111.25	122.10	109.51	1.829 times
05 Fri Jul 2024	110.49	109.20	111.25	108.80	0.275 times
04 Thu Jul 2024	109.29	110.99	113.00	108.00	0.765 times
03 Wed Jul 2024	109.77	107.90	111.85	106.90	0.49 times
02 Tue Jul 2024	107.06	110.00	110.48	106.05	0.251 times
01 Mon Jul 2024	109.66	108.97	112.13	106.50	0.631 times
28 Fri Jun 2024	108.15	105.15	109.50	103.80	0.518 times
27 Thu Jun 2024	104.10	107.99	108.37	102.70	0.403 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 119, but if it comes below 119, then a intra day sell could be more profitable.
If you take a sell trade below 119, then use 119 as stoploss and 110.67 as target. However if you take a buy trade in stock , then use 119 as stoploss and 129 as target.

Share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Target	75.45
Downside Target	77.90
Downside Target	81.50
Downside Target	92.70
Downside Target	96.50
Downside Target	102.00
Downside Target	109.51
Downside Target	113.00
Downside Target	114.00
Upside Target	129.14
Upside Target	131.99

Intraday share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Intraday Target	110.84
Downside Intraday Target	98.93
Upside Intraday Target	133.32
Upside Intraday Target	143.89
Downside Intraday Target	121.41

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	122.74	111.25	131.99	109.51	2.91 times
05 Fri Jul 2024	110.49	108.97	113.00	106.05	0.579 times
28 Fri Jun 2024	108.15	113.00	114.00	102.70	0.272 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

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 Madras Fertilizers (MADRASFERT)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	122.74	108.97	131.99	106.05	0.415 times
28 Fri Jun 2024	108.15	93.95	129.14	77.90	9.979 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

Scroll below to view daily charts

Price has moved up 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 Madras Fertilizers (MADRASFERT)

Price action analysis of Madras Fertilizers ( (MADRASFERT) ) 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Madras Fertilizers 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.

Madras Fertilizers 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 SELL signal for Madras Fertilizers in short term but SELL signal is weak.

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 Madras Fertilizers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 120.53 and Madras Fertilizers (MADRASFERT) 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 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.