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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)

10 day averaged volume of Saakshi Medtec is 23340

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	243.55	242.30	250.00	240.60	0.874 times
08 Wed May 2024	246.15	257.05	258.45	241.80	0.411 times
07 Tue May 2024	246.50	260.70	264.95	245.00	0.591 times
06 Mon May 2024	260.70	275.00	275.00	255.00	0.797 times
03 Fri May 2024	260.20	263.50	267.90	256.00	1.183 times
02 Thu May 2024	261.85	259.30	270.00	257.20	1.902 times
30 Tue Apr 2024	255.00	254.50	258.50	252.00	0.437 times
29 Mon Apr 2024	254.20	262.00	262.10	252.00	1.645 times
26 Fri Apr 2024	260.65	263.50	264.50	260.00	1.285 times
25 Thu Apr 2024	261.00	262.95	262.95	257.00	0.36 times

My analysis of stock is bearish for shortterm, and stock might move down till 236.9 or till 223.2. Use a stoploss of 248.25 and if the stock hits stoploss, then it can shoot up till 259.63

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	235.05
Downside 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	231.1
Downside Intraday Target	218.65
Upside Intraday Target	265.5
Upside Intraday Target	287.45
Upside Intraday Target	253.05

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	243.55	275.00	275.00	240.60	0.517 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
09 Thu May 2024	243.55	259.30	275.00	240.60	0.292 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 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 Weak and stock is losing 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 256.39 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 positive

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