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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 2024-08-14 View latest technical analysis

10 day averaged volume of Magadh Sugar is 25535

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	740.60	764.00	764.00	736.00	0.497 times
13 Tue Aug 2024	752.65	756.00	783.00	742.05	2.601 times
12 Mon Aug 2024	752.00	736.90	762.30	734.55	0.732 times
09 Fri Aug 2024	742.20	749.95	750.00	736.00	0.304 times
08 Thu Aug 2024	735.45	740.35	747.25	730.00	0.3 times
07 Wed Aug 2024	740.35	731.50	745.95	731.50	0.543 times
06 Tue Aug 2024	726.15	743.40	758.95	721.55	0.808 times
05 Mon Aug 2024	743.40	764.00	764.00	722.40	0.955 times
02 Fri Aug 2024	771.30	780.00	790.45	763.15	1.574 times
01 Thu Aug 2024	789.70	804.25	805.90	778.25	0.85 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 744.7, but if it comes above 744.7, then a intra day buy could be more profitable.
If you take a sell trade below 744.7, then use 744.7 as stoploss and 714.6 as target. However if you take a buy trade in stock , then use 744.7 as stoploss and 769.87 as target.

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	722.43
Downside Intraday Target	704.27
Upside Intraday Target	770.88
Upside Intraday Target	801.17
Upside Intraday Target	752.72

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	740.60	736.90	783.00	734.55	1.316 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 down 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
14 Wed Aug 2024	740.60	804.25	805.90	721.55	0.253 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 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 losing momentum.

MACD generated a SELL signal for Magadh Sugar in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magadh Sugar in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 753.65 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.