Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MAGADSUGAR) Magadh Sugar complete technical analysis [charts+indicators] | Buy/Sell Magadh Sugar | (MAGADSUGAR) share price targets

Complete technical analysis of Magadh Sugar (MAGADSUGAR) by charts plus indicators, forecast predictions and share price targets for Magadh Sugar (MAGADSUGAR)

10 day averaged volume of Magadh Sugar is 28742

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	655.10	653.95	660.30	643.45	0.428 times
07 Tue May 2024	645.85	677.90	677.90	642.05	0.369 times
06 Mon May 2024	665.50	652.00	669.80	650.55	0.664 times
03 Fri May 2024	661.70	677.80	680.00	654.30	0.607 times
02 Thu May 2024	671.45	652.00	675.00	648.75	1.154 times
30 Tue Apr 2024	658.70	657.80	675.95	647.00	1.903 times
29 Mon Apr 2024	655.45	592.90	666.00	592.90	3.854 times
26 Fri Apr 2024	592.90	592.00	605.95	588.15	0.274 times
25 Thu Apr 2024	594.20	590.00	609.95	581.50	0.541 times
24 Wed Apr 2024	585.90	589.75	592.95	580.10	0.325 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 647.9, but if it comes below 647.9, then a intra day sell could be more profitable.
If you take a sell trade below 647.9, then use 647.9 as stoploss and 611.87 as target. However if you take a buy trade in stock , then use 647.9 as stoploss and 691.1 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	522.00
Downside Target	536.95
Downside Target	565.00
Downside Target	592.90
Downside Target	642.05
Downside Target	654.60
Upside Target	675.95
Upside Target	677.90
Upside Target	680.00
Upside Target	701.60
Upside Target	707.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	638.8
Downside Intraday Target	622.5
Upside Intraday Target	674.65
Upside Intraday Target	694.2
Upside Intraday Target	658.35

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	655.10	652.00	677.90	642.05	0.194 times
03 Fri May 2024	661.70	592.90	680.00	592.90	3.806 times
26 Fri Apr 2024	592.90	570.00	609.95	570.00	1.647 times
19 Fri Apr 2024	568.00	578.00	594.00	565.00	0.507 times
12 Fri Apr 2024	594.55	580.20	618.95	576.20	0.969 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 Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	655.10	652.00	680.00	642.05	0.234 times
30 Tue Apr 2024	658.70	536.95	675.95	536.95	1.307 times
28 Thu Mar 2024	536.85	625.95	654.60	522.00	0.462 times
29 Thu Feb 2024	624.35	638.05	701.60	602.35	1.919 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 Magadh Sugar (MAGADSUGAR)

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) based on a mid to longer 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.

ADX buy sell signal for Magadh Sugar stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Magadh Sugar 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.

Magadh Sugar 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 moving up

CCI has generated a SELL signal for Magadh Sugar in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Magadh Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 651.35 and Magadh Sugar (MAGADSUGAR) 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 Magadh Sugar (MAGADSUGAR) stock. Volume based technical analysis of Magadh Sugar (MAGADSUGAR) stock is negative.

Magadh Sugar 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.