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 2024-06-12 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 609294

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	36.29	37.00	37.45	36.00	1.851 times
11 Tue Jun 2024	36.98	34.04	37.33	34.04	3.46 times
10 Mon Jun 2024	33.87	34.84	35.20	33.65	0.578 times
07 Fri Jun 2024	34.65	33.60	35.45	33.60	1.35 times
06 Thu Jun 2024	33.50	32.85	34.20	32.75	0.535 times
05 Wed Jun 2024	32.85	30.40	34.00	29.10	0.894 times
04 Tue Jun 2024	29.60	33.00	33.00	28.95	1.179 times
03 Mon Jun 2024	32.90	33.50	33.75	32.20	0.615 times
31 Fri May 2024	31.85	32.45	32.45	31.55	0.275 times
30 Thu May 2024	32.00	33.10	33.20	31.75	0.384 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 36.9, for a target of 35.1 or 33.54

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.90
Downside Target	31.55
Downside Target	32.80
Downside Target	33.55
Downside Target	34.50
Downside Target	35.45
Upside Target	37.25
Upside Target	37.45
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	34.14
Downside Intraday Target	32
Upside Intraday Target	37.94
Upside Intraday Target	39.6
Downside Intraday Target	35.8

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	36.29	34.84	37.45	33.65	1.288 times
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

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
12 Wed Jun 2024	36.29	33.50	37.45	28.95	1.045 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 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 gaining 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 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

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 34.61 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.