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(SADHNANIQ) Sadhana Nitrochem complete technical analysis [charts+indicators] | Buy/Sell Sadhana Nitrochem | (SADHNANIQ) share price targets

Complete technical analysis of Sadhana Nitrochem (SADHNANIQ) by charts plus indicators, forecast predictions and share price targets for Sadhana Nitrochem (SADHNANIQ)

Showing technical analysis as on 2024-05-24 View latest technical analysis

10 day averaged volume of Sadhana Nitrochem is 164734

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	68.10	68.70	69.40	67.50	1.361 times
23 Thu May 2024	68.70	68.40	70.70	68.40	1.036 times
22 Wed May 2024	68.95	68.10	70.55	67.90	1.54 times
21 Tue May 2024	67.55	67.70	68.35	66.50	1.573 times
18 Sat May 2024	67.70	69.95	69.95	66.75	0.873 times
17 Fri May 2024	69.85	67.30	71.75	67.30	1.99 times
16 Thu May 2024	67.70	67.20	68.90	67.20	0.525 times
15 Wed May 2024	67.15	67.55	68.90	66.90	0.543 times
14 Tue May 2024	66.90	66.20	68.05	66.20	0.829 times
13 Mon May 2024	66.45	66.60	66.85	64.95	0.512 times

My analysis of stock is bearish for shortterm, and stock might move down till 67 or till 65.4. Use a stoploss of 68.38 and if the stock hits stoploss, then it can shoot up till 69.73

Share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Target	60.80
Downside Target	63.35
Downside Target	64.95
Downside Target	66.50
Downside Target	68.00
Upside Target	70.65
Upside Target	73.00
Upside Target	73.35
Upside Target	73.95
Upside Target	78.25
Upside Target	84.70
Upside Target	86.85
Upside Target	95.80

Intraday share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Intraday Target	66.17
Downside Intraday Target	64.23
Upside Intraday Target	70.37
Upside Intraday Target	72.63
Upside Intraday Target	68.43

Weekly technical analysis of Sadhana Nitrochem (SADHNANIQ)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	68.10	67.70	70.70	66.50	1.045 times
18 Sat May 2024	67.70	66.60	71.75	64.95	1.484 times
10 Fri May 2024	66.35	70.20	70.65	65.00	0.993 times
03 Fri May 2024	69.85	69.70	71.90	68.75	0.543 times
26 Fri Apr 2024	69.60	69.00	73.00	68.00	1.159 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 Sadhana Nitrochem (SADHNANIQ)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	68.10	70.05	71.75	64.95	0.512 times
30 Tue Apr 2024	69.75	63.35	73.95	63.35	0.499 times
28 Thu Mar 2024	62.40	75.10	78.25	60.80	1.266 times
29 Thu Feb 2024	74.75	85.80	86.85	73.35	0.554 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 Sadhana Nitrochem (SADHNANIQ)

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

Price action analysis of Sadhana Nitrochem ( (SADHNANIQ) ) based on a mid to longer 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.

ADX buy sell signal for Sadhana Nitrochem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sadhana Nitrochem in short term but the buy signal is initial and weak.

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

Sadhana Nitrochem 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. Bulls 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 Sadhana Nitrochem in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sadhana Nitrochem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.25 and Sadhana Nitrochem (SADHNANIQ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sadhana Nitrochem (SADHNANIQ) stock. Volume based technical analysis of Sadhana Nitrochem (SADHNANIQ) stock is negative.

Sadhana Nitrochem 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.