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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 2024-12-18 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 403901

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	102.70	103.80	106.06	101.52	0.916 times
17 Tue Dec 2024	104.08	102.50	108.70	102.50	4.671 times
16 Mon Dec 2024	101.39	100.46	102.50	100.25	0.316 times
13 Fri Dec 2024	100.46	99.75	102.00	98.77	0.398 times
12 Thu Dec 2024	101.03	103.30	103.40	100.14	0.333 times
11 Wed Dec 2024	102.99	103.00	104.40	102.52	0.473 times
10 Tue Dec 2024	103.16	103.50	104.95	102.04	0.79 times
09 Mon Dec 2024	102.55	103.75	104.39	102.25	0.357 times
06 Fri Dec 2024	103.05	103.50	104.50	102.27	0.431 times
05 Thu Dec 2024	102.94	103.40	105.54	102.05	1.134 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 103.9 as stoploss in an intra day sell trade for a target of 100. However, stock will show a bullish move above 103.9.

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	104.95
Upside Target	105.90
Upside Target	106.30
Upside Target	107.70
Upside Target	108.70
Upside Target	112.63
Upside Target	119.85

Intraday share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Intraday Target	99.07
Downside Intraday Target	95.43
Upside Intraday Target	107.52
Upside Intraday Target	112.33
Upside Intraday Target	103.88

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	102.70	100.46	108.70	100.25	2.511 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, 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
18 Wed Dec 2024	102.70	101.00	108.70	98.77	1.198 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls 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 and the buying is gaining 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 103.26 and Madras Fertilizers (MADRASFERT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.