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 2024-09-02 View latest technical analysis

10 day averaged volume of Magadh Sugar is 199284

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	915.45	907.90	929.95	880.05	0.56 times
30 Fri Aug 2024	903.85	913.00	989.00	891.05	5.411 times
29 Thu Aug 2024	873.20	879.10	897.40	842.95	0.751 times
28 Wed Aug 2024	866.10	820.10	877.80	820.00	0.873 times
27 Tue Aug 2024	820.75	810.00	824.65	800.55	0.109 times
26 Mon Aug 2024	812.30	847.70	849.75	808.00	0.156 times
23 Fri Aug 2024	847.70	853.00	871.35	843.50	0.37 times
22 Thu Aug 2024	845.35	838.00	894.00	838.00	1.039 times
21 Wed Aug 2024	836.95	829.70	844.50	814.80	0.415 times
20 Tue Aug 2024	819.20	763.00	835.00	763.00	0.66 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 931.8, for a target of 859.4 or 799.11

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	615.50
Downside Target	721.55
Downside Target	764.00
Downside Target	783.00
Downside Target	800.55
Downside Target	848.90
Downside Target	880.05
Downside Target	894.00
Upside Target	929.95
Upside Target	989.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	887.02
Downside Intraday Target	858.58
Upside Intraday Target	936.92
Upside Intraday Target	958.38
Downside Intraday Target	908.48

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	915.45	907.90	929.95	880.05	0.077 times
30 Fri Aug 2024	903.85	847.70	989.00	800.55	2.704 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

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
02 Mon Sep 2024	915.45	907.90	929.95	880.05	0.05 times
30 Fri Aug 2024	903.85	804.25	989.00	721.55	2.419 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

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying 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 880.84 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.