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(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)

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Magadh Sugar is 17254

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	577.20	561.80	580.00	561.80	0.506 times
04 Thu Apr 2024	567.50	582.00	584.95	559.75	0.929 times
03 Wed Apr 2024	575.70	557.40	580.40	552.50	0.838 times
02 Tue Apr 2024	552.95	552.00	561.50	545.70	0.648 times
01 Mon Apr 2024	547.25	536.95	563.90	536.95	1.15 times
28 Thu Mar 2024	536.85	534.60	546.40	531.30	0.879 times
27 Wed Mar 2024	530.10	530.10	541.85	524.75	1.304 times
26 Tue Mar 2024	535.60	550.00	565.00	533.00	0.849 times
22 Fri Mar 2024	547.85	530.15	555.00	522.65	0.9 times
21 Thu Mar 2024	529.50	522.10	544.25	522.10	1.551 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 587.1 as stoploss in an intra day sell trade for a target of 561.34. However, stock will show a bullish move above 587.1.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	522.00
Downside Target	536.95
Downside Target	558.00
Upside Target	578.10
Upside Target	605.50
Upside Target	617.65
Upside Target	622.00
Upside Target	654.60
Upside Target	701.60
Upside Target	707.00
Upside Target	810.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	547.78
Downside Intraday Target	518.37
Upside Intraday Target	595.78
Upside Intraday Target	614.37
Downside Intraday Target	566.37

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	577.20	536.95	584.95	536.95	1.343 times
28 Thu Mar 2024	536.85	550.00	565.00	524.75	0.56 times
22 Fri Mar 2024	547.85	569.90	578.10	522.00	0.923 times
15 Fri Mar 2024	565.95	613.30	617.65	558.00	2.09 times
07 Thu Mar 2024	613.30	626.85	654.60	605.50	0.927 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 Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	577.20	536.95	584.95	536.95	0.232 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
31 Wed Jan 2024	635.80	687.75	707.00	594.00	0.229 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 Magadh Sugar (MAGADSUGAR)

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 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 but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magadh Sugar in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Magadh Sugar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 546.53 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 negative.

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