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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 2024-12-16 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 243513

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	101.39	100.46	102.50	100.25	0.524 times
13 Fri Dec 2024	100.46	99.75	102.00	98.77	0.66 times
12 Thu Dec 2024	101.03	103.30	103.40	100.14	0.553 times
11 Wed Dec 2024	102.99	103.00	104.40	102.52	0.785 times
10 Tue Dec 2024	103.16	103.50	104.95	102.04	1.31 times
09 Mon Dec 2024	102.55	103.75	104.39	102.25	0.592 times
06 Fri Dec 2024	103.05	103.50	104.50	102.27	0.715 times
05 Thu Dec 2024	102.94	103.40	105.54	102.05	1.881 times
04 Wed Dec 2024	103.44	103.50	105.90	101.60	1.82 times
03 Tue Dec 2024	102.30	100.68	102.95	100.67	0.854 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 103.3 as stoploss in an intra day sell trade for a target of 98.78. However, stock will show a bullish move above 103.3.

Share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Target	86.02
Downside Target	89.00
Downside Target	93.50
Downside Target	98.77
Upside Target	104.69
Upside Target	104.95
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	100.26
Downside Intraday Target	99.13
Upside Intraday Target	102.51
Upside Intraday Target	103.63
Downside Intraday Target	101.38

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	101.39	100.46	102.50	100.25	0.134 times
13 Fri Dec 2024	100.46	103.75	104.95	98.77	0.639 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

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
16 Mon Dec 2024	101.39	101.00	105.90	98.77	0.637 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 down 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Madras Fertilizers in short term and the buy signal is strong.

Madras Fertilizers Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 102.63 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.