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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 2024-06-07 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 347222

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	34.65	33.60	35.45	33.60	2.368 times
06 Thu Jun 2024	33.50	32.85	34.20	32.75	0.939 times
05 Wed Jun 2024	32.85	30.40	34.00	29.10	1.569 times
04 Tue Jun 2024	29.60	33.00	33.00	28.95	2.068 times
03 Mon Jun 2024	32.90	33.50	33.75	32.20	1.079 times
31 Fri May 2024	31.85	32.45	32.45	31.55	0.483 times
30 Thu May 2024	32.00	33.10	33.20	31.75	0.673 times
29 Wed May 2024	32.60	33.20	34.50	32.15	1.283 times
28 Tue May 2024	32.70	33.20	33.90	32.45	0.658 times
27 Mon May 2024	33.20	34.35	34.50	33.10	0.762 times

Stock of Sakthi Sugars (SAKHTISUG) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.4, but if it comes below 34.4, then a intra day sell could be more profitable.
If you take a sell trade below 34.4, then use 34.4 as stoploss and 33.28 as target. However if you take a buy trade in stock , then use 34.4 as stoploss and 35.8 as target.

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.90
Downside Target	31.55
Downside Target	32.80
Downside Target	34.50
Upside Target	34.90
Upside Target	35.45
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	30.58
Downside Intraday Target	26.52
Upside Intraday Target	37.08
Upside Intraday Target	39.52
Downside Intraday Target	33.02

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	34.65	33.50	35.45	28.95	2.08 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	34.65	33.50	35.45	28.95	0.457 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sakthi Sugars ( (SAKHTISUG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sakthi Sugars ( (SAKHTISUG) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Sakthi Sugars in short term but the buy signal is initial and weak.

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 stronger in this stock.

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 and BUY signal is strong.

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 32.6 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.