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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 2024-04-15 View latest technical analysis

10 day averaged volume of Rana Sugars is 1256666

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	22.00	18.20	22.30	18.20	1.44 times
12 Fri Apr 2024	22.40	22.80	23.00	22.25	0.531 times
10 Wed Apr 2024	23.00	23.15	23.35	22.70	1.079 times
09 Tue Apr 2024	22.80	22.30	23.35	21.85	0.883 times
08 Mon Apr 2024	22.20	22.95	23.05	22.10	0.336 times
05 Fri Apr 2024	22.80	22.85	22.90	22.45	0.439 times
04 Thu Apr 2024	22.75	22.90	23.20	22.25	1.117 times
03 Wed Apr 2024	22.70	22.35	23.05	22.25	1.242 times
02 Tue Apr 2024	22.25	21.10	22.50	20.90	1.435 times
01 Mon Apr 2024	21.10	19.70	21.55	19.70	1.209 times

My analysis of stock is bullish for shortterm, and stock might move up till 22.6 or till 23.8. Use a stoploss of 21.59 and if this stock hits its stoploss, then it can fall down till 20.57

Share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Target	18.20
Downside Target	18.70
Downside Target	19.70
Downside Target	20.75
Downside Target	21.70
Upside Target	23.00
Upside Target	23.20
Upside Target	23.35
Upside Target	24.30
Upside Target	24.45
Upside Target	25.75
Upside Target	27.60

Intraday share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Intraday Target	19.37
Downside Intraday Target	16.73
Upside Intraday Target	23.47
Upside Intraday Target	24.93
Downside Intraday Target	20.83

Weekly technical analysis of Rana Sugars (RANASUG)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	22.00	18.20	22.30	18.20	0.509 times
12 Fri Apr 2024	22.40	22.95	23.35	21.85	0.52 times
05 Fri Apr 2024	22.80	19.70	23.20	19.70	1.292 times
28 Thu Mar 2024	19.40	21.00	21.15	18.70	1.373 times
22 Fri Mar 2024	21.05	21.30	21.70	20.75	0.745 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
15 Mon Apr 2024	22.00	19.70	23.35	18.20	0.648 times
28 Thu Mar 2024	19.40	23.75	24.30	18.70	0.281 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rana Sugars ( (RANASUG) ) based on a short 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

Price action analysis of Rana Sugars ( (RANASUG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Rana Sugars in short term but the buy signal is initial and weak.

Rana Sugars Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rana Sugars in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Rana Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.35 and Rana Sugars (RANASUG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.