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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 2024-05-10 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 22140

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	232.60	244.30	244.30	229.15	1.138 times
09 Thu May 2024	243.55	242.30	250.00	240.60	0.921 times
08 Wed May 2024	246.15	257.05	258.45	241.80	0.434 times
07 Tue May 2024	246.50	260.70	264.95	245.00	0.623 times
06 Mon May 2024	260.70	275.00	275.00	255.00	0.84 times
03 Fri May 2024	260.20	263.50	267.90	256.00	1.247 times
02 Thu May 2024	261.85	259.30	270.00	257.20	2.005 times
30 Tue Apr 2024	255.00	254.50	258.50	252.00	0.461 times
29 Mon Apr 2024	254.20	262.00	262.10	252.00	1.734 times
26 Fri Apr 2024	260.65	263.50	264.50	260.00	1.355 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 235.6, but if it comes above 235.6, then a intra day buy could be more profitable.
If you take a sell trade below 235.6, then use 235.6 as stoploss and 221.3 as target. However if you take a buy trade in stock , then use 235.6 as stoploss and 247.48 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
Upside Target	235.05
Upside Target	240.00
Upside Target	252.00
Upside Target	264.50
Upside Target	270.00
Upside Target	271.00
Upside Target	275.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	216.17
Downside Intraday Target	199.73
Upside Intraday Target	262.02
Upside Intraday Target	291.43
Upside Intraday Target	245.58

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	232.60	275.00	275.00	229.15	0.726 times
03 Fri May 2024	260.20	262.00	270.00	252.00	0.624 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

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
10 Fri May 2024	232.60	259.30	275.00	229.15	0.347 times
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

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 Saakshi Medtec (SAAKSHI_SM)

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) 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 Saakshi Medtec ( (SAAKSHI_SM) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Saakshi Medtec in short term but the sell signal is initial and weak.

Saakshi Medtec 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Saakshi Medtec in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 253.71 and Saakshi Medtec (SAAKSHI_SM) 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 Saakshi Medtec (SAAKSHI_SM) stock. Volume based technical analysis of Saakshi Medtec (SAAKSHI_SM) stock is negative.

Saakshi Medtec 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.