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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 2024-10-29 View latest technical analysis

10 day averaged volume of Rana Sugars is 304491

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	20.06	19.90	20.20	19.53	0.933 times
28 Mon Oct 2024	19.51	19.45	19.62	19.06	0.797 times
25 Fri Oct 2024	18.98	19.72	19.83	18.80	1.243 times
24 Thu Oct 2024	19.66	20.10	20.17	19.59	0.846 times
23 Wed Oct 2024	20.02	19.99	20.32	19.62	1.781 times
22 Tue Oct 2024	20.02	20.80	20.80	19.99	0.998 times
21 Mon Oct 2024	20.62	20.85	21.09	20.60	0.688 times
18 Fri Oct 2024	20.84	20.95	21.05	20.58	0.842 times
17 Thu Oct 2024	20.98	21.39	21.39	20.90	0.603 times
16 Wed Oct 2024	21.39	21.07	21.50	21.00	1.151 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20 as stoploss in an intra day buy trade for a target of 20.9. However, stock will show a bearish move below 20.

Share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Target	18.80
Upside Target	20.20
Upside Target	21.70
Upside Target	22.38
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	19.35
Downside Intraday Target	18.63
Upside Intraday Target	20.49
Upside Intraday Target	20.91
Downside Intraday Target	19.77

Weekly technical analysis of Rana Sugars (RANASUG)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	20.06	19.45	20.20	19.06	0.311 times
25 Fri Oct 2024	18.98	20.85	21.09	18.80	1.233 times
18 Fri Oct 2024	20.84	21.40	21.51	20.58	0.666 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

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 Rana Sugars (RANASUG)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	20.06	22.70	23.20	18.80	0.488 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 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 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 losing momentum.

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

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

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 red color and prices are below the red 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 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 20.15 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.