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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 2024-08-13 View latest technical analysis

10 day averaged volume of Magadh Sugar is 20812

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	752.65	756.00	783.00	742.05	3.191 times
12 Mon Aug 2024	752.00	736.90	762.30	734.55	0.898 times
09 Fri Aug 2024	742.20	749.95	750.00	736.00	0.373 times
08 Thu Aug 2024	735.45	740.35	747.25	730.00	0.368 times
07 Wed Aug 2024	740.35	731.50	745.95	731.50	0.666 times
06 Tue Aug 2024	726.15	743.40	758.95	721.55	0.992 times
05 Mon Aug 2024	743.40	764.00	764.00	722.40	1.171 times
02 Fri Aug 2024	771.30	780.00	790.45	763.15	1.931 times
01 Thu Aug 2024	789.70	804.25	805.90	778.25	1.043 times
31 Wed Jul 2024	792.35	792.35	816.00	785.65	1.635 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 747.8 as stoploss in an intra day buy trade for a target of 772.8. However, stock will show a bearish move below 747.8.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	536.95
Downside Target	580.05
Downside Target	615.50
Downside Target	675.95
Downside Target	721.55
Upside Target	783.00
Upside Target	805.90
Upside Target	816.00
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	730.47
Downside Intraday Target	708.28
Upside Intraday Target	778.92
Upside Intraday Target	805.18
Upside Intraday Target	756.73

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	752.65	736.90	783.00	734.55	1.145 times
09 Fri Aug 2024	742.20	764.00	764.00	721.55	0.467 times
02 Fri Aug 2024	771.30	791.95	816.00	763.15	0.546 times
26 Fri Jul 2024	786.10	775.25	854.90	749.70	1.749 times
19 Fri Jul 2024	787.05	790.50	834.95	772.60	0.633 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
13 Tue Aug 2024	752.65	804.25	805.90	721.55	0.239 times
31 Wed Jul 2024	792.35	759.70	854.90	741.60	0.669 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

Scroll below to view daily charts

Price has moved down 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 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 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 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 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.

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 in or below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 759.45 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 negative.

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