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(RANASUG) Rana Sugars complete technical analysis [charts+indicators] | Buy/Sell Rana Sugars | (RANASUG) share price targets

Complete technical analysis of Rana Sugars (RANASUG) by charts plus indicators, forecast predictions and share price targets for Rana Sugars (RANASUG)

Rana Sugars trades in NSE in Sugar sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Rana Sugars is 1823747

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	23.70	23.75	24.10	23.60	0.417 times
29 Thu Feb 2024	23.55	23.75	24.20	23.15	0.717 times
28 Wed Feb 2024	23.65	24.90	24.90	23.55	0.699 times
27 Tue Feb 2024	24.50	24.90	25.05	24.40	0.538 times
26 Mon Feb 2024	24.90	25.45	25.70	24.80	0.486 times
23 Fri Feb 2024	25.45	25.50	26.15	25.35	0.54 times
22 Thu Feb 2024	25.40	26.50	26.50	25.20	1.37 times
21 Wed Feb 2024	26.20	26.45	27.10	25.80	2.003 times
20 Tue Feb 2024	26.10	25.55	26.70	25.35	2.052 times
19 Mon Feb 2024	25.45	25.80	26.40	25.25	0.936 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.3, but if it comes above 24.3, then a intra day buy could be more profitable.
If you take a sell trade below 24.3, then use 24.3 as stoploss and 23.2 as target. However if you take a buy trade in stock , then use 24.3 as stoploss and 25.23 as target.

Share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Target	21.95
Downside Target	22.90
Upside Target	24.75
Upside Target	25.20
Upside Target	25.70
Upside Target	25.75
Upside Target	26.90
Upside Target	27.10
Upside Target	27.30
Upside Target	27.60

Intraday share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Intraday Target	22.67
Downside Intraday Target	21.63
Upside Intraday Target	25.22
Upside Intraday Target	26.73
Upside Intraday Target	24.18

Weekly technical analysis of Rana Sugars (RANASUG)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	23.70	25.45	25.70	23.15	0.414 times
23 Fri Feb 2024	25.45	25.80	27.10	25.20	1.114 times
16 Fri Feb 2024	25.40	26.65	26.90	23.85	0.331 times
09 Fri Feb 2024	26.25	24.30	27.60	24.15	2.62 times
02 Fri Feb 2024	24.20	23.35	24.75	22.90	2.937 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 Rana Sugars (RANASUG)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	23.70	23.75	24.10	23.60	0.011 times
29 Thu Feb 2024	23.55	24.05	27.60	23.15	2.515 times
31 Wed Jan 2024	23.85	23.70	24.45	21.95	0.873 times
29 Fri Dec 2023	23.70	24.45	25.75	23.00	0.88 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 Rana Sugars (RANASUG)

Price action analysis of Rana Sugars ( (RANASUG) ) 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 Rana Sugars ( (RANASUG) ) 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 Rana Sugars ( (RANASUG) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Rana Sugars stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rana Sugars in short term and the sell signal is strong.

Rana Sugars 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Rana Sugars 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 positive zone. This is a BUY zone

Stock of Rana Sugars is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.31 and Rana Sugars (RANASUG) 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 Rana Sugars (RANASUG) stock. Volume based technical analysis of Rana Sugars (RANASUG) stock is negative.

Rana Sugars Stock has given negative 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.