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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 2024-07-09 View latest technical analysis

10 day averaged volume of Magadh Sugar is 43227

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	779.55	771.00	825.85	755.85	2.254 times
08 Mon Jul 2024	755.85	758.90	775.00	752.20	0.378 times
05 Fri Jul 2024	758.90	766.70	773.00	750.05	0.331 times
04 Thu Jul 2024	763.50	763.95	776.95	757.05	0.484 times
03 Wed Jul 2024	759.75	778.00	778.00	755.10	0.468 times
02 Tue Jul 2024	755.90	763.45	778.95	741.60	0.732 times
01 Mon Jul 2024	760.25	759.70	776.45	754.10	0.452 times
28 Fri Jun 2024	759.70	765.00	785.75	755.10	1.433 times
27 Thu Jun 2024	763.80	788.00	789.00	761.60	1.006 times
26 Wed Jun 2024	782.90	778.50	818.00	770.05	2.838 times

Stock of Magadh Sugar (MAGADSUGAR) has showed a significant upmove. This could be a good time to enter in this stock!

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 789.3 as stoploss in an intra day sell trade for a target of 759.65. However, stock will show a bullish move above 789.3.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	522.00
Downside Target	536.95
Downside Target	580.05
Downside Target	615.50
Downside Target	654.60
Downside Target	675.95
Downside Target	702.55
Downside Target	729.00
Downside Target	778.95
Upside Target	818.00
Upside Target	825.85
Upside Target	848.90

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	745.88
Downside Intraday Target	712.22
Upside Intraday Target	819.53
Upside Intraday Target	859.52
Upside Intraday Target	785.87

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	779.55	758.90	825.85	752.20	1.067 times
05 Fri Jul 2024	758.90	759.70	778.95	741.60	0.292 times
28 Fri Jun 2024	759.70	796.30	818.00	755.10	0.57 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

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
09 Tue Jul 2024	779.55	759.70	825.85	741.60	0.159 times
28 Fri Jun 2024	759.70	658.00	848.90	580.05	3.246 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short to mid 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 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 SELL signal for Magadh Sugar in short term but the sell 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 LOWS in short term which reflects strong selling momentum. 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 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 and the buying is gaining 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 770.53 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 positive

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