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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 2024-12-09 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 307404

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	102.55	103.75	104.39	102.25	0.469 times
06 Fri Dec 2024	103.05	103.50	104.50	102.27	0.566 times
05 Thu Dec 2024	102.94	103.40	105.54	102.05	1.49 times
04 Wed Dec 2024	103.44	103.50	105.90	101.60	1.442 times
03 Tue Dec 2024	102.30	100.68	102.95	100.67	0.676 times
02 Mon Dec 2024	100.67	101.00	102.30	100.10	0.658 times
29 Fri Nov 2024	101.97	98.06	104.69	97.40	2.613 times
28 Thu Nov 2024	98.46	96.70	100.48	96.60	1.243 times
27 Wed Nov 2024	96.21	96.00	97.09	95.01	0.35 times
26 Tue Nov 2024	95.09	94.29	96.85	94.10	0.372 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 101.8, but if it comes below 101.8, then a intra day sell could be more profitable.
If you take a sell trade below 101.8, then use 101.8 as stoploss and 97.38 as target. However if you take a buy trade in stock , then use 101.8 as stoploss and 107.2 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	104.69
Upside Target	105.90
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	101.74
Downside Intraday Target	100.92
Upside Intraday Target	103.88
Upside Intraday Target	105.2
Upside Intraday Target	103.06

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	102.55	103.75	104.39	102.25	0.097 times
06 Fri Dec 2024	103.05	101.00	105.90	100.10	0.935 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

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
09 Mon Dec 2024	102.55	101.00	105.90	100.10	0.405 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 SELL signal in short term but selling is losing 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 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 101.45 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.