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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 2024-11-22 View latest technical analysis

10 day averaged volume of Magadh Sugar is 12452

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	648.75	642.00	655.00	634.00	0.701 times
21 Thu Nov 2024	635.50	644.10	647.85	632.00	0.42 times
19 Tue Nov 2024	650.40	655.90	671.90	643.60	0.998 times
18 Mon Nov 2024	647.90	655.00	655.75	630.00	1.147 times
14 Thu Nov 2024	652.55	671.45	681.00	648.05	1.61 times
13 Wed Nov 2024	667.50	707.85	707.85	666.00	0.986 times
12 Tue Nov 2024	697.40	707.50	727.80	695.00	0.887 times
11 Mon Nov 2024	717.20	740.85	740.85	713.55	0.6 times
08 Fri Nov 2024	729.90	743.60	743.60	709.25	1.771 times
07 Thu Nov 2024	741.00	750.00	759.95	739.50	0.756 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 665.4, but if it comes above 665.4, then a intra day buy could be more profitable.
If you take a sell trade below 665.4, then use 665.4 as stoploss and 620.9 as target. However if you take a buy trade in stock , then use 665.4 as stoploss and 702.48 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	630.00
Downside Target	648.05
Upside Target	671.90
Upside Target	721.55
Upside Target	740.85
Upside Target	763.00
Upside Target	814.00
Upside Target	823.90
Upside Target	854.90
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	628.53
Downside Intraday Target	608.32
Upside Intraday Target	670.43
Upside Intraday Target	692.12
Upside Intraday Target	650.22

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	648.75	655.00	671.90	630.00	0.8 times
14 Thu Nov 2024	652.55	740.85	740.85	648.05	0.729 times
08 Fri Nov 2024	729.90	735.10	763.00	706.00	0.856 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

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
22 Fri Nov 2024	648.75	729.90	763.00	630.00	0.28 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 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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Magadh Sugar in short term and the sell signal is strong.

Magadh Sugar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magadh Sugar in short term but BUY 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 680.89 and Magadh Sugar (MAGADSUGAR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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