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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 2024-12-03 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 223205

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	102.30	100.68	102.95	100.67	0.932 times
02 Mon Dec 2024	100.67	101.00	102.30	100.10	0.907 times
29 Fri Nov 2024	101.97	98.06	104.69	97.40	3.599 times
28 Thu Nov 2024	98.46	96.70	100.48	96.60	1.712 times
27 Wed Nov 2024	96.21	96.00	97.09	95.01	0.483 times
26 Tue Nov 2024	95.09	94.29	96.85	94.10	0.513 times
25 Mon Nov 2024	94.46	94.20	96.22	93.50	0.81 times
22 Fri Nov 2024	92.67	90.35	93.50	90.35	0.337 times
21 Thu Nov 2024	90.35	91.00	91.26	89.00	0.417 times
19 Tue Nov 2024	91.41	91.29	94.34	90.81	0.45 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 100.7, but if it comes below 100.7, then a intra day sell could be more profitable.
If you take a sell trade below 100.7, then use 100.7 as stoploss and 96.71 as target. However if you take a buy trade in stock , then use 100.7 as stoploss and 105.5 as target.

Share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Target	86.02
Downside Target	89.00
Downside Target	91.01
Downside Target	93.50
Downside Target	100.00
Downside Target	102.15
Upside Target	103.80
Upside Target	104.69
Upside Target	106.30
Upside Target	107.70
Upside Target	112.63
Upside Target	119.85

Intraday share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Intraday Target	100.62
Downside Intraday Target	98.93
Upside Intraday Target	103.47
Upside Intraday Target	104.63
Downside Intraday Target	101.78

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	102.30	101.00	102.95	100.10	0.258 times
29 Fri Nov 2024	101.97	94.20	104.69	93.50	3.6 times
22 Fri Nov 2024	92.67	94.50	94.80	89.00	0.709 times
14 Thu Nov 2024	92.67	100.00	100.00	91.01	0.474 times
08 Fri Nov 2024	100.35	99.50	106.30	95.21	1.635 times

Price has moved up 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
03 Tue Dec 2024	102.30	101.00	102.95	100.10	0.102 times
29 Fri Nov 2024	101.97	97.18	106.30	89.00	0.875 times
31 Thu Oct 2024	96.76	102.65	107.70	86.02	0.84 times
30 Mon Sep 2024	102.59	110.00	112.63	102.15	0.374 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 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 Madras Fertilizers ( (MADRASFERT) ) based on a mid to longer 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.

ADX buy sell signal for Madras Fertilizers stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Madras Fertilizers in short term and BUY 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 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 98.82 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.