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(SAKHTISUG) Sakthi Sugars complete technical analysis [charts+indicators] | Buy/Sell Sakthi Sugars | (SAKHTISUG) share price targets

Complete technical analysis of Sakthi Sugars (SAKHTISUG) by charts plus indicators, forecast predictions and share price targets for Sakthi Sugars (SAKHTISUG)

Sakthi Sugars trades in NSE in Sugar sector.

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 773815

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	36.30	38.25	38.55	36.05	0.724 times
05 Fri Apr 2024	37.90	38.90	38.90	36.75	1.305 times
04 Thu Apr 2024	37.75	37.00	38.55	36.55	2.263 times
03 Wed Apr 2024	35.25	32.25	35.35	32.25	1.711 times
02 Tue Apr 2024	32.15	31.65	32.60	31.65	0.659 times
01 Mon Apr 2024	31.90	30.00	32.30	29.90	0.83 times
28 Thu Mar 2024	29.80	30.25	30.90	29.70	0.578 times
27 Wed Mar 2024	30.00	30.35	30.95	29.50	0.767 times
26 Tue Mar 2024	30.35	31.45	31.70	30.20	0.539 times
22 Fri Mar 2024	31.45	30.60	32.00	30.60	0.729 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.9, but if it comes below 34.9, then a intra day sell could be more profitable.
If you take a sell trade below 34.9, then use 34.9 as stoploss and 32.4 as target. However if you take a buy trade in stock , then use 34.9 as stoploss and 38 as target.

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	26.75
Downside Target	28.90
Downside Target	30.80
Downside Target	31.70
Downside Target	32.05
Downside Target	34.85
Downside Target	36.05
Upside Target	37.25
Upside Target	38.55
Upside Target	38.90
Upside Target	46.75

Intraday share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Intraday Target	35.38
Downside Intraday Target	34.47
Upside Intraday Target	37.88
Upside Intraday Target	39.47
Upside Intraday Target	36.97

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	36.30	38.25	38.55	36.05	0.107 times
05 Fri Apr 2024	37.90	30.00	38.90	29.90	3.592 times
28 Thu Mar 2024	29.80	31.45	31.70	29.50	0.761 times
22 Fri Mar 2024	31.45	30.75	32.05	29.95	0.551 times
15 Fri Mar 2024	30.50	34.55	34.85	28.90	1.627 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 Sakthi Sugars (SAKHTISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	36.30	30.00	38.90	29.90	0.608 times
28 Thu Mar 2024	29.80	36.25	37.25	28.90	0.155 times
29 Thu Feb 2024	36.20	30.15	46.75	29.45	3.694 times
31 Wed Jan 2024	29.95	28.55	30.80	26.75	0.945 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 Sakthi Sugars (SAKHTISUG)

Price action analysis of Sakthi Sugars ( (SAKHTISUG) ) 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 Sakthi Sugars ( (SAKHTISUG) ) 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 Sakthi Sugars ( (SAKHTISUG) ) 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 Sakthi Sugars stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sakthi Sugars 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.

Sakthi Sugars 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sakthi Sugars in short term but SELL signal is weak.

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.5 and Sakthi Sugars (SAKHTISUG) 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 Sakthi Sugars (SAKHTISUG) stock. Volume based technical analysis of Sakthi Sugars (SAKHTISUG) stock is negative.

Sakthi Sugars Stock is giving positive 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.