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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 2024-02-29 View latest technical analysis

10 day averaged volume of Sagar Cements is 100224

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	238.05	239.00	240.50	233.65	0.926 times
28 Wed Feb 2024	239.50	247.70	247.70	235.10	1.136 times
27 Tue Feb 2024	246.60	245.00	251.05	245.00	1.374 times
26 Mon Feb 2024	243.05	245.00	246.85	242.00	0.474 times
23 Fri Feb 2024	245.45	244.75	249.75	242.75	0.713 times
22 Thu Feb 2024	243.25	246.90	250.10	239.90	1.453 times
21 Wed Feb 2024	245.20	250.10	253.00	244.40	1.032 times
20 Tue Feb 2024	249.25	255.00	256.50	248.50	0.951 times
19 Mon Feb 2024	255.25	250.00	259.55	250.00	1.174 times
16 Fri Feb 2024	250.85	254.80	254.80	249.55	0.864 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 243.3, but if it comes above 243.3, then a intra day buy could be more profitable.
If you take a sell trade below 243.3, then use 243.3 as stoploss and 233.7 as target. However if you take a buy trade in stock , then use 243.3 as stoploss and 251.27 as target.

Share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Target	227.30
Downside Target	233.65
Upside Target	250.00
Upside Target	259.55
Upside Target	267.85
Upside Target	269.45
Upside Target	269.50
Upside Target	275.45
Upside Target	275.75
Upside Target	288.90
Upside Target	305.00

Intraday share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Intraday Target	230.78
Downside Intraday Target	223.52
Upside Intraday Target	248.18
Upside Intraday Target	258.32
Upside Intraday Target	240.92

Weekly technical analysis of Sagar Cements (SAGCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	238.05	245.00	251.05	233.65	0.735 times
23 Fri Feb 2024	245.45	250.00	259.55	239.90	1.014 times
16 Fri Feb 2024	250.85	253.20	256.65	239.40	0.633 times
09 Fri Feb 2024	253.20	263.00	267.85	251.55	0.896 times
02 Fri Feb 2024	262.85	269.95	275.75	259.05	0.838 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
29 Thu Feb 2024	238.05	269.40	269.50	233.65	0.105 times
31 Wed Jan 2024	267.75	255.60	305.00	254.05	2.597 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

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 Sagar Cements (SAGCEM)

Price action analysis of Sagar Cements ( (SAGCEM) ) 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 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 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 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 Sagar Cements stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 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 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 245.76 and Sagar Cements (SAGCEM) 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 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.