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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 2024-05-13 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 23820

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	226.35	233.00	233.00	222.20	0.831 times
10 Fri May 2024	232.60	244.30	244.30	229.15	1.058 times
09 Thu May 2024	243.55	242.30	250.00	240.60	0.856 times
08 Wed May 2024	246.15	257.05	258.45	241.80	0.403 times
07 Tue May 2024	246.50	260.70	264.95	245.00	0.579 times
06 Mon May 2024	260.70	275.00	275.00	255.00	0.781 times
03 Fri May 2024	260.20	263.50	267.90	256.00	1.159 times
02 Thu May 2024	261.85	259.30	270.00	257.20	1.864 times
30 Tue Apr 2024	255.00	254.50	258.50	252.00	0.428 times
29 Mon Apr 2024	254.20	262.00	262.10	252.00	1.612 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 233.9, but if it comes above 233.9, then a intra day buy could be more profitable.
If you take a sell trade below 233.9, then use 233.9 as stoploss and 218.6 as target. However if you take a buy trade in stock , then use 233.9 as stoploss and 246.6 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
Upside Target	240.00
Upside Target	252.00
Upside Target	254.90
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	221.37
Downside Intraday Target	216.38
Upside Intraday Target	232.17
Upside Intraday Target	237.98
Upside Intraday Target	227.18

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	226.35	233.00	233.00	222.20	0.226 times
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

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
13 Mon May 2024	226.35	259.30	275.00	222.20	0.39 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 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 mid to longer 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.

ADX buy sell signal for Saakshi Medtec stock for short term is SELL. Signal strength is Strong 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 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 250.42 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.