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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 2024-06-05 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 297298

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	32.85	30.40	34.00	29.10	1.832 times
04 Tue Jun 2024	29.60	33.00	33.00	28.95	2.415 times
03 Mon Jun 2024	32.90	33.50	33.75	32.20	1.26 times
31 Fri May 2024	31.85	32.45	32.45	31.55	0.564 times
30 Thu May 2024	32.00	33.10	33.20	31.75	0.786 times
29 Wed May 2024	32.60	33.20	34.50	32.15	1.498 times
28 Tue May 2024	32.70	33.20	33.90	32.45	0.768 times
27 Mon May 2024	33.20	34.35	34.50	33.10	0.89 times
24 Fri May 2024	33.95	33.55	34.60	33.55	0.568 times
23 Thu May 2024	33.65	34.45	34.45	33.55	0.659 times

My analysis of stock is bearish for shortterm, and stock might move down till 32.2 or till 30.8. Use a stoploss of 33.28 and if the stock hits stoploss, then it can shoot up till 34.4

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.90
Downside Target	31.55
Downside Target	32.80
Upside Target	34.50
Upside Target	34.85
Upside Target	34.90
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	29.87
Downside Intraday Target	26.88
Upside Intraday Target	34.92
Upside Intraday Target	36.98
Downside Intraday Target	31.93

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	32.85	33.50	34.00	28.95	1.222 times
31 Fri May 2024	31.85	34.35	34.50	31.55	1.834 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

Price has moved up 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
05 Wed Jun 2024	32.85	33.50	34.00	28.95	0.269 times
31 Fri May 2024	31.85	38.35	38.45	31.55	0.373 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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sakthi Sugars stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sakthi Sugars Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 32.13 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 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.