Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-28 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 202412

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	32.70	33.20	33.90	32.45	1.128 times
27 Mon May 2024	33.20	34.35	34.50	33.10	1.307 times
24 Fri May 2024	33.95	33.55	34.60	33.55	0.834 times
23 Thu May 2024	33.65	34.45	34.45	33.55	0.967 times
22 Wed May 2024	34.10	34.50	34.50	33.75	0.869 times
21 Tue May 2024	33.85	34.60	34.90	33.65	0.938 times
18 Sat May 2024	34.35	34.20	34.85	33.95	0.457 times
17 Fri May 2024	34.20	33.85	34.40	33.85	0.766 times
16 Thu May 2024	33.75	34.35	34.80	33.55	1.096 times
15 Wed May 2024	34.20	33.95	34.75	33.95	0.945 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.2, but if it comes above 33.2, then a intra day buy could be more profitable.
If you take a sell trade below 33.2, then use 33.2 as stoploss and 31.6 as target. However if you take a buy trade in stock , then use 33.2 as stoploss and 34.57 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	32.45
Upside Target	34.50
Upside Target	36.25
Upside Target	37.05
Upside Target	37.25
Upside Target	38.45
Upside Target	40.65
Upside Target	46.75

Intraday share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Intraday Target	31.93
Downside Intraday Target	31.17
Upside Intraday Target	33.98
Upside Intraday Target	35.27
Upside Intraday Target	33.22

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	32.70	34.35	34.50	32.45	0.675 times
24 Fri May 2024	33.95	34.60	34.90	33.55	0.569 times
18 Sat May 2024	34.35	33.80	34.85	32.80	0.739 times
10 Fri May 2024	34.10	36.70	37.05	33.40	0.446 times
03 Fri May 2024	36.45	37.90	40.65	36.25	0.833 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
28 Tue May 2024	32.70	38.35	38.45	32.45	0.322 times
30 Tue Apr 2024	38.20	30.00	40.65	29.90	1.713 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

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 Sakthi Sugars (SAKHTISUG)

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

MACD generated a SELL signal for Sakthi Sugars in short term and the sell signal is strong.

Sakthi Sugars 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 Sakthi Sugars 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 Sakthi Sugars is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.71 and Sakthi Sugars (SAKHTISUG) 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 Sakthi Sugars (SAKHTISUG) stock. Volume based technical analysis of Sakthi Sugars (SAKHTISUG) stock is negative.

Sakthi Sugars 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.