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(MEGASOFT) Megasoft complete technical analysis [charts+indicators] | Buy/Sell Megasoft | (MEGASOFT) share price targets

Complete technical analysis of Megasoft (MEGASOFT) by charts plus indicators, forecast predictions and share price targets for Megasoft (MEGASOFT)

Megasoft trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Megasoft is 493307

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	85.20	85.20	85.20	84.35	0.376 times
26 Tue Mar 2024	81.15	77.40	81.15	75.90	0.822 times
22 Fri Mar 2024	77.30	76.95	78.30	73.85	0.732 times
21 Thu Mar 2024	74.95	73.00	74.95	71.65	0.376 times
20 Wed Mar 2024	71.40	74.95	74.95	70.60	0.424 times
19 Tue Mar 2024	73.60	74.00	75.95	71.00	0.465 times
18 Mon Mar 2024	74.05	75.40	77.00	73.20	0.447 times
15 Fri Mar 2024	73.55	73.95	77.45	70.45	0.974 times
14 Thu Mar 2024	74.15	70.00	74.15	67.25	1.017 times
13 Wed Mar 2024	70.65	78.35	80.80	70.55	2.43 times

My analysis of stock is bullish for shortterm, and stock might move up till 91 or till 101.2. Use a stoploss of 82.49 and if this stock hits its stoploss, then it can fall down till 73.97

Share price targets for Megasoft (MEGASOFT)

Target Type	Value
Downside Target	28.60
Downside Target	29.25
Downside Target	34.70
Downside Target	37.50
Downside Target	43.55
Downside Target	57.50
Downside Target	67.25
Downside Target	70.60
Downside Target	75.90
Downside Target	78.30
Downside Target	81.50
Downside Target	85.20
Upside Target	96.45
Upside Target	103.50
Upside Target	106.35
Upside Target	107.25

Intraday share price targets for Megasoft (MEGASOFT)

Target Type	Value
Downside Intraday Target	79
Downside Intraday Target	72.8
Upside Intraday Target	88.3
Upside Intraday Target	91.4
Downside Intraday Target	82.1

Weekly technical analysis of Megasoft (MEGASOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	85.20	77.40	85.20	75.90	0.49 times
22 Fri Mar 2024	77.30	75.40	78.30	70.60	0.298 times
15 Fri Mar 2024	73.55	95.10	96.45	67.25	0.698 times
07 Thu Mar 2024	95.20	90.00	107.25	85.50	2.382 times
02 Sat Mar 2024	88.65	102.95	103.50	81.50	0.227 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 Megasoft (MEGASOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	85.20	90.95	107.25	67.25	0.938 times
29 Thu Feb 2024	87.95	77.10	106.35	76.00	0.924 times
21 Mon Aug 2023	51.80	38.85	57.50	37.50	1.291 times
31 Mon Jul 2023	38.45	29.30	43.55	28.60	4.098 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 Megasoft (MEGASOFT)

Price action analysis of Megasoft ( (MEGASOFT) ) 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 Megasoft ( (MEGASOFT) ) 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 Megasoft ( (MEGASOFT) ) 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 Megasoft stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Megasoft in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megasoft 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Megasoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.39 and Megasoft (MEGASOFT) 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 Megasoft (MEGASOFT) stock. Volume based technical analysis of Megasoft (MEGASOFT) stock is negative.

Megasoft 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.