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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 2024-12-20 View latest technical analysis

10 day averaged volume of Madras Fertilizers is 378718

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	96.73	100.51	101.90	96.02	0.544 times
19 Thu Dec 2024	100.50	100.00	101.08	98.56	0.738 times
18 Wed Dec 2024	102.70	103.80	106.06	101.52	0.977 times
17 Tue Dec 2024	104.08	102.50	108.70	102.50	4.981 times
16 Mon Dec 2024	101.39	100.46	102.50	100.25	0.337 times
13 Fri Dec 2024	100.46	99.75	102.00	98.77	0.424 times
12 Thu Dec 2024	101.03	103.30	103.40	100.14	0.355 times
11 Wed Dec 2024	102.99	103.00	104.40	102.52	0.505 times
10 Tue Dec 2024	103.16	103.50	104.95	102.04	0.842 times
09 Mon Dec 2024	102.55	103.75	104.39	102.25	0.38 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 97.8, but if it comes above 97.8, then a intra day buy could be more profitable.
If you take a sell trade below 97.8, then use 97.8 as stoploss and 94.4 as target. However if you take a buy trade in stock , then use 97.8 as stoploss and 100.71 as target.

Share price targets for Madras Fertilizers (MADRASFERT)

Target Type	Value
Downside Target	86.02
Downside Target	89.00
Downside Target	93.50
Upside Target	98.77
Upside Target	102.15
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	92.27
Downside Intraday Target	87.8
Upside Intraday Target	104.95
Upside Intraday Target	113.16
Upside Intraday Target	100.48

Weekly technical analysis of Madras Fertilizers (MADRASFERT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	96.73	100.46	108.70	96.02	3.022 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 down 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
20 Fri Dec 2024	96.73	101.00	108.70	96.02	1.319 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Madras Fertilizers ( (MADRASFERT) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Madras Fertilizers in short term but the sell signal is initial and weak.

Madras Fertilizers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Madras Fertilizers in short term and SELL 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

Stock of Madras Fertilizers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 102.75 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.