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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 2024-10-15 View latest technical analysis

10 day averaged volume of Rana Sugars is 566501

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	21.04	21.24	21.44	20.98	0.565 times
14 Mon Oct 2024	21.23	21.40	21.51	21.13	0.461 times
11 Fri Oct 2024	21.35	21.50	21.50	21.22	0.344 times
10 Thu Oct 2024	21.45	21.50	21.62	21.31	0.369 times
09 Wed Oct 2024	21.45	21.60	21.69	21.30	0.646 times
08 Tue Oct 2024	21.43	20.84	21.66	20.76	0.761 times
07 Mon Oct 2024	20.81	22.20	22.38	20.71	1.514 times
04 Fri Oct 2024	22.14	22.25	22.65	21.70	1.576 times
03 Thu Oct 2024	22.23	22.50	22.73	22.09	0.95 times
01 Tue Oct 2024	22.73	22.70	23.20	22.35	1.801 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.3, but if it comes above 21.3, then a intra day buy could be more profitable.
If you take a sell trade below 21.3, then use 21.3 as stoploss and 20.7 as target. However if you take a buy trade in stock , then use 21.3 as stoploss and 21.81 as target.

Share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Target	19.30
Downside Target	20.30
Downside Target	20.71
Upside Target	21.44
Upside Target	22.38
Upside Target	22.89
Upside Target	23.20
Upside Target	23.76
Upside Target	25.86
Upside Target	27.40
Upside Target	27.70

Intraday share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Intraday Target	20.84
Downside Intraday Target	20.65
Upside Intraday Target	21.37
Upside Intraday Target	21.71
Upside Intraday Target	21.18

Weekly technical analysis of Rana Sugars (RANASUG)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	21.04	21.40	21.51	20.98	0.282 times
11 Fri Oct 2024	21.35	22.20	22.38	20.71	0.615 times
04 Fri Oct 2024	22.14	22.40	23.20	21.70	0.542 times
27 Fri Sep 2024	22.39	21.95	23.20	21.62	2.049 times
20 Fri Sep 2024	21.95	22.10	22.89	21.50	1.047 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 Tue Oct 2024	21.04	22.70	23.20	20.71	0.307 times
30 Mon Sep 2024	22.65	22.81	23.20	21.44	0.548 times
30 Fri Aug 2024	23.27	25.77	25.86	20.30	0.682 times
31 Wed Jul 2024	25.60	24.85	27.70	23.76	0.746 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 Rana Sugars (RANASUG)

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 term time period is neutral. A longer time frame might give a better analysis.

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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 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 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 21.76 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.