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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 2024-09-23 View latest technical analysis

10 day averaged volume of Sagar Cements is 40604

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	227.95	230.00	234.25	226.82	2.41 times
20 Fri Sep 2024	229.40	233.15	233.15	227.94	1.221 times
19 Thu Sep 2024	230.16	234.35	234.99	225.65	1.07 times
18 Wed Sep 2024	231.24	235.78	236.24	230.20	0.817 times
17 Tue Sep 2024	234.16	238.80	238.80	233.05	0.949 times
16 Mon Sep 2024	237.75	235.30	238.80	234.18	1.053 times
13 Fri Sep 2024	234.05	232.25	235.18	231.23	1.41 times
12 Thu Sep 2024	232.04	229.00	233.65	229.00	1.022 times
11 Wed Sep 2024	229.24	229.02	230.58	228.12	0.852 times
10 Tue Sep 2024	228.84	229.04	233.65	228.00	0.754 times

Stock of Sagar Cements (SAGCEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 228.7, but if it comes above 228.7, then a intra day buy could be more profitable.
If you take a sell trade below 228.7, then use 228.7 as stoploss and 225.8 as target. However if you take a buy trade in stock , then use 228.7 as stoploss and 231.12 as target.

Share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Target	194.00
Downside Target	206.25
Downside Target	219.52
Downside Target	225.21
Upside Target	235.18
Upside Target	235.74
Upside Target	235.98
Upside Target	238.80
Upside Target	252.99
Upside Target	267.00
Upside Target	276.80

Intraday share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Intraday Target	225.1
Downside Intraday Target	222.24
Upside Intraday Target	232.53
Upside Intraday Target	237.1
Upside Intraday Target	229.67

Weekly technical analysis of Sagar Cements (SAGCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	227.95	230.00	234.25	226.82	0.472 times
20 Fri Sep 2024	229.40	235.30	238.80	225.65	1.044 times
13 Fri Sep 2024	234.05	231.00	235.18	227.14	0.437 times
06 Fri Sep 2024	231.48	234.99	235.98	225.21	1.647 times
30 Fri Aug 2024	231.27	235.50	235.74	226.35	0.829 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
23 Mon Sep 2024	227.95	234.99	238.80	225.21	0.504 times
30 Fri Aug 2024	231.27	250.43	252.99	219.52	0.346 times
31 Wed Jul 2024	248.00	251.90	267.00	233.00	0.548 times
28 Fri Jun 2024	250.68	225.00	276.80	194.00	6.735 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 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 neutral. A longer time frame might give a better analysis.

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

Stock of Sagar Cements is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 231.2 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 positive

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