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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 2024-06-21 View latest technical analysis

10 day averaged volume of Sadhana Nitrochem is 491815

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	71.59	72.00	74.39	70.70	1.795 times
20 Thu Jun 2024	71.80	65.60	73.00	65.60	5.229 times
19 Wed Jun 2024	65.43	66.78	67.25	65.25	0.301 times
18 Tue Jun 2024	66.78	66.10	67.15	66.00	0.329 times
14 Fri Jun 2024	65.59	66.20	67.00	65.00	0.427 times
13 Thu Jun 2024	66.19	64.55	67.99	64.55	0.66 times
12 Wed Jun 2024	64.91	65.00	65.50	63.46	0.524 times
11 Tue Jun 2024	64.39	62.21	65.20	62.10	0.525 times
10 Mon Jun 2024	62.09	62.25	62.65	61.56	0.423 times
07 Fri Jun 2024	62.05	62.30	62.65	61.45	0.391 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.2, but if it comes below 68.2, then a intra day sell could be more profitable.
If you take a sell trade below 68.2, then use 68.2 as stoploss and 63.57 as target. However if you take a buy trade in stock , then use 68.2 as stoploss and 73.7 as target.

Share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Target	49.10
Downside Target	55.20
Downside Target	60.80
Downside Target	65.25
Downside Target	67.99
Downside Target	70.70
Upside Target	71.75
Upside Target	73.35
Upside Target	73.95
Upside Target	74.39
Upside Target	78.25
Upside Target	86.85

Intraday share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Intraday Target	66.43
Downside Intraday Target	61.27
Upside Intraday Target	75.57
Upside Intraday Target	79.55
Downside Intraday Target	70.41

Weekly technical analysis of Sadhana Nitrochem (SADHNANIQ)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	71.59	66.10	74.39	65.25	2.991 times
14 Fri Jun 2024	65.59	62.25	67.99	61.56	0.487 times
07 Fri Jun 2024	62.05	59.10	62.75	49.10	0.565 times
31 Fri May 2024	56.35	68.50	69.00	55.20	5.035 times
24 Fri May 2024	68.10	67.70	70.70	66.50	1.045 times

Price has moved up 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
21 Fri Jun 2024	71.59	59.10	74.39	49.10	1.059 times
31 Fri May 2024	56.35	70.05	71.75	55.20	1.407 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

Scroll below to view daily charts

Price has moved up 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 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 Sadhana Nitrochem ( (SADHNANIQ) ) 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 Sadhana Nitrochem ( (SADHNANIQ) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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

Sadhana Nitrochem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sadhana Nitrochem in short term and BUY 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 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 69.37 and Sadhana Nitrochem (SADHNANIQ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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