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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 2024-12-31 View latest technical analysis

10 day averaged volume of Magadh Sugar is 5326

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	637.10	631.80	644.00	630.00	1.012 times
30 Mon Dec 2024	631.05	641.45	646.15	630.00	0.646 times
27 Fri Dec 2024	638.10	642.00	645.10	630.15	0.983 times
26 Thu Dec 2024	641.75	654.00	657.00	640.10	0.51 times
24 Tue Dec 2024	650.80	652.90	659.00	647.00	0.696 times
23 Mon Dec 2024	649.65	666.80	671.90	642.60	1.278 times
20 Fri Dec 2024	663.35	681.40	694.15	660.00	0.975 times
19 Thu Dec 2024	687.65	670.50	698.15	651.55	0.989 times
18 Wed Dec 2024	684.65	714.05	714.05	681.30	1.416 times
17 Tue Dec 2024	711.25	718.80	718.80	702.60	1.031 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 653.9, but if it comes above 653.9, then a intra day buy could be more profitable.
If you take a sell trade below 653.9, then use 653.9 as stoploss and 612.4 as target. However if you take a buy trade in stock , then use 653.9 as stoploss and 688.51 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	630.00
Upside Target	646.15
Upside Target	671.90
Upside Target	709.05
Upside Target	742.15
Upside Target	746.20
Upside Target	763.00
Upside Target	814.00
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	629.35
Downside Intraday Target	621.6
Upside Intraday Target	645.5
Upside Intraday Target	653.9
Upside Intraday Target	637.75

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	637.10	641.45	646.15	630.00	0.478 times
27 Fri Dec 2024	638.10	666.80	671.90	630.15	0.589 times
20 Fri Dec 2024	663.35	699.80	722.20	651.55	0.723 times
13 Fri Dec 2024	696.15	728.10	746.20	690.20	1.525 times
06 Fri Dec 2024	728.10	731.45	742.15	709.05	0.456 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
31 Tue Dec 2024	637.10	731.45	746.20	630.00	0.572 times
29 Fri Nov 2024	732.30	729.90	763.00	630.00	0.386 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

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 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 gaining 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 662.73 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.