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 2024-08-29 View latest technical analysis

10 day averaged volume of Magadh Sugar is 79111

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	873.20	879.10	897.40	842.95	1.891 times
28 Wed Aug 2024	866.10	820.10	877.80	820.00	2.198 times
27 Tue Aug 2024	820.75	810.00	824.65	800.55	0.275 times
26 Mon Aug 2024	812.30	847.70	849.75	808.00	0.393 times
23 Fri Aug 2024	847.70	853.00	871.35	843.50	0.932 times
22 Thu Aug 2024	845.35	838.00	894.00	838.00	2.617 times
21 Wed Aug 2024	836.95	829.70	844.50	814.80	1.045 times
20 Tue Aug 2024	819.20	763.00	835.00	763.00	1.663 times
19 Mon Aug 2024	767.20	752.30	788.20	744.05	0.544 times
16 Fri Aug 2024	741.25	730.00	754.95	730.00	0.172 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 891.5, for a target of 834.1 or 786.19

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
Downside Target	848.90
Downside Target	854.90
Upside Target	894.00
Upside Target	897.40

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	816.7
Downside Intraday Target	760.2
Upside Intraday Target	913.55
Upside Intraday Target	953.9
Downside Intraday Target	857.05

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	873.20	847.70	897.40	800.55	0.699 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 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
29 Thu Aug 2024	873.20	804.25	897.40	721.55	1.255 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 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 842.62 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.