Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-27 View latest technical analysis

10 day averaged volume of Magadh Sugar is 68053

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	820.75	810.00	824.65	800.55	0.32 times
26 Mon Aug 2024	812.30	847.70	849.75	808.00	0.457 times
23 Fri Aug 2024	847.70	853.00	871.35	843.50	1.083 times
22 Thu Aug 2024	845.35	838.00	894.00	838.00	3.042 times
21 Wed Aug 2024	836.95	829.70	844.50	814.80	1.215 times
20 Tue Aug 2024	819.20	763.00	835.00	763.00	1.933 times
19 Mon Aug 2024	767.20	752.30	788.20	744.05	0.633 times
16 Fri Aug 2024	741.25	730.00	754.95	730.00	0.199 times
14 Wed Aug 2024	740.60	764.00	764.00	736.00	0.186 times
13 Tue Aug 2024	752.65	756.00	783.00	742.05	0.976 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 817.4, but if it comes below 817.4, then a intra day sell could be more profitable.
If you take a sell trade below 817.4, then use 817.4 as stoploss and 778.25 as target. However if you take a buy trade in stock , then use 817.4 as stoploss and 864.4 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
Downside Target	763.15
Downside Target	783.00
Downside Target	800.55
Downside Target	816.00
Upside Target	848.90
Upside Target	849.75
Upside Target	854.90
Upside Target	894.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	797.62
Downside Intraday Target	774.48
Upside Intraday Target	846.82
Upside Intraday Target	872.88
Upside Intraday Target	823.68

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	820.75	847.70	849.75	800.55	0.098 times
23 Fri Aug 2024	847.70	752.30	894.00	744.05	4.832 times
16 Fri Aug 2024	741.25	736.90	783.00	730.00	1.499 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

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
27 Tue Aug 2024	820.75	804.25	894.00	721.55	0.905 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 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 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 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 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 losing momentum.

MACD generated a BUY signal for Magadh Sugar in short term and the buy signal is strong.

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 tired and bears 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 SELL signal for Magadh Sugar in short term but SELL signal is weak.

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

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 819.33 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.