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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 2024-07-25 View latest technical analysis

10 day averaged volume of Magadh Sugar is 45487

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	779.15	810.00	854.90	773.55	2.735 times
24 Wed Jul 2024	817.65	789.00	823.85	788.60	1.296 times
23 Tue Jul 2024	779.25	790.00	806.40	749.70	1.15 times
22 Mon Jul 2024	793.35	775.25	804.60	770.55	0.591 times
19 Fri Jul 2024	787.05	798.00	798.00	774.00	0.563 times
18 Thu Jul 2024	797.15	799.20	810.90	782.00	0.631 times
16 Tue Jul 2024	799.20	805.00	834.95	795.00	1.387 times
15 Mon Jul 2024	797.95	790.50	805.00	772.60	1.085 times
12 Fri Jul 2024	790.50	810.00	817.45	784.95	0.545 times
11 Thu Jul 2024	802.30	791.00	817.50	791.00	1.951 times

Stock of Magadh Sugar (MAGADSUGAR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 761.3 or till 739.3. Use a stoploss of 779.57 and if the stock hits stoploss, then it can shoot up till 797.88

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	825.85
Upside Target	834.95
Upside Target	848.90
Upside Target	854.90

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	734.27
Downside Intraday Target	689.38
Upside Intraday Target	839.47
Upside Intraday Target	899.78
Upside Intraday Target	794.58

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	779.15	775.25	854.90	749.70	1.574 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	779.15	759.70	854.90	741.60	0.578 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 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 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 SELL signal for Magadh Sugar in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 793.71 and Magadh Sugar (MAGADSUGAR) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.