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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 2024-06-26 View latest technical analysis

10 day averaged volume of Magadh Sugar is 104992

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	782.90	778.50	818.00	770.05	1.168 times
25 Tue Jun 2024	770.05	779.10	815.65	767.00	0.774 times
24 Mon Jun 2024	767.60	796.30	799.00	763.60	0.537 times
21 Fri Jun 2024	796.40	815.00	834.00	786.15	0.867 times
20 Thu Jun 2024	815.00	834.00	848.90	804.00	2.181 times
19 Wed Jun 2024	799.30	724.00	818.00	702.55	2.725 times
18 Tue Jun 2024	719.55	745.00	754.20	709.55	0.335 times
14 Fri Jun 2024	742.10	757.40	758.90	736.50	0.428 times
13 Thu Jun 2024	753.55	711.00	766.00	706.20	1.454 times
12 Wed Jun 2024	700.75	697.00	709.00	694.55	0.317 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 771.9, but if it comes below 771.9, then a intra day sell could be more profitable.
If you take a sell trade below 771.9, then use 771.9 as stoploss and 703.9 as target. However if you take a buy trade in stock , then use 771.9 as stoploss and 853.5 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	522.00
Downside Target	536.95
Downside Target	580.05
Downside Target	602.35
Downside Target	615.50
Downside Target	654.60
Downside Target	675.95
Downside Target	701.60
Downside Target	729.00
Downside Target	763.60
Downside Target	766.00
Upside Target	818.00
Upside Target	848.90

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	758.33
Downside Intraday Target	733.77
Upside Intraday Target	812.73
Upside Intraday Target	842.57
Upside Intraday Target	788.17

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	782.90	796.30	818.00	763.60	0.406 times
21 Fri Jun 2024	796.40	745.00	848.90	702.55	2.223 times
14 Fri Jun 2024	742.10	699.00	766.00	661.95	3.276 times
07 Fri Jun 2024	676.40	658.00	680.00	580.05	2.561 times
31 Fri May 2024	629.80	661.65	661.65	615.50	0.703 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
26 Wed Jun 2024	782.90	658.00	848.90	580.05	2.999 times
31 Fri May 2024	629.80	652.00	729.00	615.50	1.079 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 Magadh Sugar stock for short term is BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Magadh Sugar in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 782.98 and Magadh Sugar (MAGADSUGAR) 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 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.