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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 2024-05-28 View latest technical analysis

10 day averaged volume of Sadhana Nitrochem is 186995

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	63.85	67.95	69.00	63.05	9.068 times
27 Mon May 2024	66.95	68.50	68.85	66.80	0.952 times
24 Fri May 2024	68.10	68.70	69.40	67.50	1.199 times
23 Thu May 2024	68.70	68.40	70.70	68.40	0.913 times
22 Wed May 2024	68.95	68.10	70.55	67.90	1.356 times
21 Tue May 2024	67.55	67.70	68.35	66.50	1.386 times
18 Sat May 2024	67.70	69.95	69.95	66.75	0.769 times
17 Fri May 2024	69.85	67.30	71.75	67.30	1.753 times
16 Thu May 2024	67.70	67.20	68.90	67.20	0.463 times
15 Wed May 2024	67.15	67.55	68.90	66.90	0.478 times

Stock of Sadhana Nitrochem (SADHNANIQ) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 64.6, for a target of 66.4 or 67.88

Share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Target	60.80
Downside Target	63.05
Upside Target	64.95
Upside Target	66.50
Upside Target	68.75
Upside Target	70.65
Upside Target	71.90
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	61.6
Downside Intraday Target	59.35
Upside Intraday Target	67.55
Upside Intraday Target	71.25
Upside Intraday Target	65.3

Weekly technical analysis of Sadhana Nitrochem (SADHNANIQ)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	63.85	68.50	69.00	63.05	2.064 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sadhana Nitrochem (SADHNANIQ)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	63.85	70.05	71.75	63.05	0.879 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 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 Sadhana Nitrochem ( (SADHNANIQ) ) 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 Sadhana Nitrochem ( (SADHNANIQ) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sadhana Nitrochem in short term and the sell signal is strong.

Sadhana Nitrochem 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sadhana Nitrochem 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 Sadhana Nitrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.11 and Sadhana Nitrochem (SADHNANIQ) 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 Sadhana Nitrochem (SADHNANIQ) stock. Volume based technical analysis of Sadhana Nitrochem (SADHNANIQ) stock is negative.

Sadhana Nitrochem 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.