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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)

10 day averaged volume of Magadh Sugar is 44566

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 115.60 113.00 117.70 111.80 1.82 times
15 Thu Apr 2021 112.95 110.00 116.50 107.30 3.194 times
13 Tue Apr 2021 110.05 101.00 111.00 100.30 1.145 times
12 Mon Apr 2021 103.65 107.50 108.00 101.50 0.568 times
09 Fri Apr 2021 108.70 109.75 112.00 107.65 1.537 times
08 Thu Apr 2021 107.90 104.00 109.40 102.05 1.588 times
07 Wed Apr 2021 102.10 102.35 102.50 101.10 0.241 times
06 Tue Apr 2021 101.20 102.00 103.80 99.80 0.359 times
05 Mon Apr 2021 100.55 104.00 104.50 99.45 0.545 times
01 Thu Apr 2021 104.05 102.95 104.70 102.15 0.24 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 114.2, for a target of 109.3 or 105.17

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type Value
Downside Target 98.50
Downside Target 107.00
Downside Target 112.00
Upside Target 117.70
Upside Target 118.70
Upside Target 121.80
Upside Target 129.95
Upside Target 131.40
Upside Target 133.90

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type Value
Downside Intraday Target 104.7
Downside Intraday Target 93.8
Upside Intraday Target 122.1
Upside Intraday Target 128.6
Downside Intraday Target 111.2

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 115.60 107.50 117.70 100.30 1.576 times
09 Fri Apr 2021 108.70 104.00 112.00 99.45 2.545 times
01 Thu Apr 2021 104.05 102.65 104.70 98.50 0.405 times
26 Fri Mar 2021 101.45 103.50 107.00 100.60 1.528 times
19 Fri Mar 2021 103.75 118.70 118.70 102.80 1.539 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magadh Sugar (MAGADSUGAR)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 115.60 102.95 117.70 99.45 0.521 times
31 Wed Mar 2021 102.05 110.15 131.40 98.50 2.383 times
25 Thu Feb 2021 110.10 109.80 133.90 102.55 1.203 times
29 Fri Jan 2021 108.40 118.20 121.80 103.10 0.326 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)

Indicator Name Indicator Value Indicator Signal
ADX 29, 17, 26 Buy
MACD -0, -2Buy
Stochastics 84Buy
CCI 156Buy
RSI 54Buy
OBV 220106Sell
VWAP 110Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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 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

ADX buy sell signal for Magadh Sugar stock for short term is BUY. Signal strength is Strong 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magadh Sugar in short term and BUY signal is strong.

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 109.92 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.

Click here for Magadh Sugar charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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