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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 2024-09-17 View latest technical analysis

10 day averaged volume of Magadh Sugar is 39857

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	870.05	872.95	875.15	853.45	0.375 times
16 Mon Sep 2024	872.95	864.25	877.00	850.40	0.844 times
13 Fri Sep 2024	847.05	852.10	857.65	844.20	0.208 times
12 Thu Sep 2024	850.80	840.95	864.30	831.10	0.625 times
11 Wed Sep 2024	840.90	860.20	883.30	838.00	0.474 times
10 Tue Sep 2024	863.35	867.00	876.80	857.00	0.465 times
09 Mon Sep 2024	862.40	842.65	880.00	814.00	1.257 times
06 Fri Sep 2024	838.80	868.95	875.60	832.70	0.884 times
05 Thu Sep 2024	864.60	899.95	908.35	861.00	1.035 times
04 Wed Sep 2024	895.40	895.05	918.00	888.50	1.075 times

My analysis of stock is bullish for shortterm, and stock might move up till 888.5 or till 920.9. Use a stoploss of 861.63 and if this stock hits its stoploss, then it can fall down till 834.71

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	615.50
Downside Target	721.55
Downside Target	800.55
Downside Target	832.70
Upside Target	877.00
Upside Target	883.30
Upside 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	854.63
Downside Intraday Target	839.22
Upside Intraday Target	881.23
Upside Intraday Target	892.42
Downside Intraday Target	865.82

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	870.05	864.25	877.00	850.40	0.402 times
13 Fri Sep 2024	847.05	842.65	883.30	814.00	0.339 times
06 Fri Sep 2024	838.80	907.90	929.95	832.70	0.245 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

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
17 Tue Sep 2024	870.05	907.90	929.95	814.00	0.234 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

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 and the buying is gaining 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 863.57 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 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 positive

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