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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 2024-11-07 View latest technical analysis

10 day averaged volume of Magadh Sugar is 15237

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	741.00	750.00	759.95	739.50	0.618 times
06 Wed Nov 2024	754.90	741.00	763.00	741.00	0.674 times
05 Tue Nov 2024	741.45	722.45	749.90	722.40	0.978 times
04 Mon Nov 2024	722.45	735.10	737.35	706.00	0.863 times
01 Fri Nov 2024	733.95	729.90	745.00	724.95	0.297 times
31 Thu Oct 2024	724.85	737.35	742.10	715.35	1.21 times
30 Wed Oct 2024	736.50	713.00	749.80	710.70	1.075 times
29 Tue Oct 2024	713.30	703.50	718.15	695.10	1.079 times
28 Mon Oct 2024	701.45	701.85	718.60	683.90	1.687 times
25 Fri Oct 2024	701.85	729.55	735.65	693.75	1.101 times

My analysis of stock is bearish for shortterm, and stock might move down till 712.7 or till 647.6. Use a stoploss of 766.92 and if the stock hits stoploss, then it can shoot up till 821.17

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	683.90
Downside Target	721.55
Upside Target	741.60
Upside Target	803.70
Upside Target	823.90
Upside Target	825.00
Upside Target	854.90
Upside Target	876.65
Upside Target	899.00
Upside Target	935.00
Upside Target	989.00
Upside Target	1010.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	710.33
Downside Intraday Target	679.67
Upside Intraday Target	767.33
Upside Intraday Target	793.67
Downside Intraday Target	736.67

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	741.00	735.10	763.00	706.00	0.586 times
01 Fri Nov 2024	733.95	701.85	749.80	683.90	0.777 times
25 Fri Oct 2024	701.85	823.90	823.90	693.75	1.149 times
18 Fri Oct 2024	818.80	873.00	876.65	803.70	0.756 times
11 Fri Oct 2024	873.70	876.00	899.00	825.00	0.389 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
07 Thu Nov 2024	741.00	729.90	763.00	706.00	0.088 times
31 Thu Oct 2024	724.85	915.10	935.00	683.90	0.343 times
30 Mon Sep 2024	912.20	907.90	1010.00	814.00	0.771 times
30 Fri Aug 2024	903.85	804.25	989.00	721.55	2.419 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Magadh Sugar stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 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 but SELL signal is weak.

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 723.01 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 negative.

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