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(SAGCEM) Sagar Cements complete technical analysis [charts+indicators] | Buy/Sell Sagar Cements | (SAGCEM) share price targets

Complete technical analysis of Sagar Cements (SAGCEM) by charts plus indicators, forecast predictions and share price targets for Sagar Cements (SAGCEM)

Sagar Cements trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Sagar Cements is 1431347

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	272.65	278.80	278.85	270.85	0.132 times
15 Mon Jan 2024	278.50	282.10	282.40	277.75	0.098 times
12 Fri Jan 2024	279.95	283.40	284.35	278.05	0.116 times
11 Thu Jan 2024	283.40	284.05	286.95	281.40	0.132 times
10 Wed Jan 2024	283.40	289.20	289.25	282.05	0.133 times
09 Tue Jan 2024	289.20	288.80	296.90	286.10	0.291 times
08 Mon Jan 2024	288.30	288.00	293.60	282.50	0.552 times
05 Fri Jan 2024	288.00	283.20	290.90	280.15	0.686 times
04 Thu Jan 2024	281.80	290.00	296.50	281.05	1.059 times
03 Wed Jan 2024	289.15	282.55	305.00	279.00	5.208 times

My analysis of stock is bearish for shortterm, and stock might move down till 261 or till 245.2. Use a stoploss of 274.08 and if the stock hits stoploss, then it can shoot up till 287.2

Share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Target	218.95
Downside Target	227.30
Downside Target	237.75
Downside Target	249.80
Downside Target	267.95
Upside Target	278.05
Upside Target	282.40
Upside Target	288.90
Upside Target	296.90
Upside Target	305.00

Intraday share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Intraday Target	268.2
Downside Intraday Target	263.75
Upside Intraday Target	279.75
Upside Intraday Target	286.85
Upside Intraday Target	275.3

Weekly technical analysis of Sagar Cements (SAGCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	272.65	282.10	282.40	270.85	0.189 times
12 Fri Jan 2024	279.95	288.00	296.90	278.05	0.09 times
05 Fri Jan 2024	288.00	255.60	305.00	254.05	5.244 times
29 Fri Dec 2023	254.65	259.45	267.95	252.25	1.654 times
22 Fri Dec 2023	257.95	270.35	288.90	250.00	1.591 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 Sagar Cements (SAGCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	272.65	255.60	305.00	254.05	2.288 times
29 Fri Dec 2023	254.65	270.85	288.90	250.00	1.603 times
30 Thu Nov 2023	266.90	243.05	275.45	237.75	1.453 times
31 Tue Oct 2023	243.05	234.50	269.45	227.30	1.339 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sagar Cements (SAGCEM)

Price action analysis of Sagar Cements ( (SAGCEM) ) 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 Sagar Cements ( (SAGCEM) ) 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 Sagar Cements ( (SAGCEM) ) 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 Sagar Cements stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sagar Cements in short term but the sell signal is initial and weak.

Sagar Cements 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 Sagar Cements in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Sagar Cements is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 287.38 and Sagar Cements (SAGCEM) 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 Sagar Cements (SAGCEM) stock. Volume based technical analysis of Sagar Cements (SAGCEM) stock is negative.

Sagar Cements 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.