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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 2024-04-30 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 28920

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	255.00	254.50	258.50	252.00	0.353 times
29 Mon Apr 2024	254.20	262.00	262.10	252.00	1.328 times
26 Fri Apr 2024	260.65	263.50	264.50	260.00	1.037 times
25 Thu Apr 2024	261.00	262.95	262.95	257.00	0.29 times
24 Wed Apr 2024	256.55	262.00	262.00	254.50	1.12 times
23 Tue Apr 2024	262.35	243.55	264.00	243.55	3.071 times
22 Mon Apr 2024	243.55	240.00	245.90	235.05	1.162 times
19 Fri Apr 2024	238.15	234.00	240.00	227.55	0.705 times
18 Thu Apr 2024	226.50	232.00	236.90	226.50	0.581 times
16 Tue Apr 2024	232.00	230.00	232.00	230.00	0.456 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 254.2, but if it comes below 254.2, then a intra day sell could be more profitable.
If you take a sell trade below 254.2, then use 254.2 as stoploss and 241.53 as target. However if you take a buy trade in stock , then use 254.2 as stoploss and 269.5 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
Downside Target	246.00
Downside Target	252.00
Downside Target	254.00
Downside Target	254.90
Upside Target	262.10
Upside Target	264.50
Upside Target	271.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	250.63
Downside Intraday Target	246.27
Upside Intraday Target	260.73
Upside Intraday Target	266.47
Upside Intraday Target	256.37

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	255.00	262.00	262.10	252.00	0.252 times
26 Fri Apr 2024	260.65	240.00	264.50	235.05	3.354 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

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 Saakshi Medtec (SAAKSHI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	255.00	218.00	264.50	218.00	0.492 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 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 Saakshi Medtec ( (SAAKSHI_SM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Saakshi Medtec stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Saakshi Medtec in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Saakshi Medtec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 252.88 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 positive

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