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(SAAKSHI_SM) Saakshi Medtec complete technical analysis [charts+indicators] | Buy/Sell Saakshi Medtec | (SAAKSHI_SM) share price targets

Complete technical analysis of Saakshi Medtec (SAAKSHI_SM) by charts plus indicators, forecast predictions and share price targets for Saakshi Medtec (SAAKSHI_SM)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 16440

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	243.55	240.00	245.90	235.05	2.044 times
19 Fri Apr 2024	238.15	234.00	240.00	227.55	1.241 times
18 Thu Apr 2024	226.50	232.00	236.90	226.50	1.022 times
16 Tue Apr 2024	232.00	230.00	232.00	230.00	0.803 times
15 Mon Apr 2024	230.00	234.10	234.10	227.60	0.438 times
12 Fri Apr 2024	234.10	240.00	240.00	234.10	0.365 times
10 Wed Apr 2024	244.00	243.00	244.00	243.00	0.438 times
09 Tue Apr 2024	248.00	244.65	252.00	244.65	2.117 times
08 Mon Apr 2024	244.10	229.95	249.90	229.95	2.044 times
05 Fri Apr 2024	227.10	228.00	231.00	227.10	0.584 times

Stock of Saakshi Medtec (SAAKSHI_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 240.3, but if it comes below 240.3, then a intra day sell could be more profitable.
If you take a sell trade below 240.3, then use 240.3 as stoploss and 232.76 as target. However if you take a buy trade in stock , then use 240.3 as stoploss and 249.3 as target.

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	190.30
Downside Target	203.00
Downside Target	218.00
Downside Target	226.50
Downside Target	234.90
Downside Target	240.00
Upside Target	245.90
Upside Target	246.00
Upside Target	252.00
Upside Target	254.00
Upside Target	254.90
Upside Target	271.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	237.1
Downside Intraday Target	230.65
Upside Intraday Target	247.95
Upside Intraday Target	252.35
Downside Intraday Target	241.5

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	243.55	240.00	245.90	235.05	0.583 times
19 Fri Apr 2024	238.15	234.10	240.00	226.50	0.706 times
12 Fri Apr 2024	234.10	229.95	252.00	229.95	1.03 times
05 Fri Apr 2024	227.10	218.00	234.90	218.00	0.846 times
28 Thu Mar 2024	224.30	230.10	243.40	219.80	0.582 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 Saakshi Medtec (SAAKSHI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	243.55	218.00	252.00	218.00	0.27 times
28 Thu Mar 2024	224.30	252.00	271.00	190.30	0.843 times
29 Thu Feb 2024	251.10	234.00	254.00	206.50	0.739 times
31 Wed Jan 2024	234.25	217.60	254.90	203.00	1.916 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 Saakshi Medtec (SAAKSHI_SM)

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Saakshi Medtec stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Saakshi Medtec in short term and the buy signal is strong.

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

Saakshi Medtec 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. Bears are weakening, and bulls are picking up momentum!

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 Saakshi Medtec in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Saakshi Medtec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 239.8 and Saakshi Medtec (SAAKSHI_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Saakshi Medtec (SAAKSHI_SM) stock. Volume based technical analysis of Saakshi Medtec (SAAKSHI_SM) stock is negative.

Saakshi Medtec 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.