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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 2024-07-10 View latest technical analysis

10 day averaged volume of Magadh Sugar is 44846

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	790.70	782.90	799.00	760.20	0.812 times
09 Tue Jul 2024	779.55	771.00	825.85	755.85	2.173 times
08 Mon Jul 2024	755.85	758.90	775.00	752.20	0.364 times
05 Fri Jul 2024	758.90	766.70	773.00	750.05	0.319 times
04 Thu Jul 2024	763.50	763.95	776.95	757.05	0.466 times
03 Wed Jul 2024	759.75	778.00	778.00	755.10	0.451 times
02 Tue Jul 2024	755.90	763.45	778.95	741.60	0.706 times
01 Mon Jul 2024	760.25	759.70	776.45	754.10	0.436 times
28 Fri Jun 2024	759.70	765.00	785.75	755.10	1.381 times
27 Thu Jun 2024	763.80	788.00	789.00	761.60	0.969 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 790.3, but if it comes below 790.3, then a intra day sell could be more profitable.
If you take a sell trade below 790.3, then use 790.3 as stoploss and 764.76 as target. However if you take a buy trade in stock , then use 790.3 as stoploss and 820.9 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	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	753.32
Downside Intraday Target	715.93
Upside Intraday Target	826.97
Upside Intraday Target	863.23
Downside Intraday Target	789.58

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	790.70	758.90	825.85	752.20	1.408 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
10 Wed Jul 2024	790.70	759.70	825.85	741.60	0.186 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 768.36 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 falling down

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.