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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 2024-07-24 View latest technical analysis

10 day averaged volume of Magadh Sugar is 49332

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	817.65	789.00	823.85	788.60	1.195 times
23 Tue Jul 2024	779.25	790.00	806.40	749.70	1.06 times
22 Mon Jul 2024	793.35	775.25	804.60	770.55	0.545 times
19 Fri Jul 2024	787.05	798.00	798.00	774.00	0.519 times
18 Thu Jul 2024	797.15	799.20	810.90	782.00	0.582 times
16 Tue Jul 2024	799.20	805.00	834.95	795.00	1.279 times
15 Mon Jul 2024	797.95	790.50	805.00	772.60	1.001 times
12 Fri Jul 2024	790.50	810.00	817.45	784.95	0.502 times
11 Thu Jul 2024	802.30	791.00	817.50	791.00	1.799 times
10 Wed Jul 2024	790.70	782.90	799.00	760.20	0.738 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 820.1, for a target of 798.1 or 779.76

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	729.00
Downside Target	772.60
Upside Target	818.00
Upside Target	823.85
Upside Target	825.85
Upside Target	834.95
Upside Target	848.90

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	770.28
Downside Intraday Target	722.92
Upside Intraday Target	844.43
Upside Intraday Target	871.22
Downside Intraday Target	797.07

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	817.65	775.25	823.85	749.70	0.828 times
19 Fri Jul 2024	787.05	790.50	834.95	772.60	0.633 times
12 Fri Jul 2024	790.50	758.90	825.85	752.20	2.473 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

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
24 Wed Jul 2024	817.65	759.70	834.95	741.60	0.488 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 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 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 Weak 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. Bulls are getting stronger in this stock.

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 797.45 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.