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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 2024-09-06 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 680218

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	37.85	38.90	38.94	37.55	0.544 times
05 Thu Sep 2024	38.81	39.00	39.27	38.57	0.412 times
04 Wed Sep 2024	38.78	38.65	39.84	38.55	0.659 times
03 Tue Sep 2024	39.09	40.09	40.09	39.00	0.504 times
02 Mon Sep 2024	39.86	40.00	40.12	39.00	0.566 times
30 Fri Aug 2024	39.91	41.08	42.33	39.50	4.465 times
29 Thu Aug 2024	38.42	38.76	39.18	38.12	0.728 times
28 Wed Aug 2024	38.40	38.88	39.60	38.22	0.937 times
27 Tue Aug 2024	38.44	38.79	39.06	38.24	0.44 times
26 Mon Aug 2024	38.67	39.79	39.79	38.50	0.439 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.7 as stoploss in an intra day buy trade for a target of 38.62. However, stock will show a bearish move below 37.7.

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.95
Downside Target	31.55
Downside Target	35.42
Downside Target	37.55
Upside Target	38.62
Upside Target	40.12
Upside Target	41.28
Upside Target	42.33
Upside Target	42.80
Upside Target	44.00

Intraday share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Intraday Target	36.89
Downside Intraday Target	35.94
Upside Intraday Target	39.46
Upside Intraday Target	41.08
Upside Intraday Target	38.51

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	37.85	40.00	40.12	37.55	0.383 times
30 Fri Aug 2024	39.91	39.79	42.33	38.12	1.382 times
23 Fri Aug 2024	39.38	38.19	41.28	37.96	1.775 times
16 Fri Aug 2024	37.82	36.80	38.62	36.25	0.793 times
09 Fri Aug 2024	36.88	37.20	38.50	36.05	0.571 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
06 Fri Sep 2024	37.85	40.00	40.12	37.55	0.132 times
30 Fri Aug 2024	39.91	39.82	42.33	36.05	0.596 times
31 Wed Jul 2024	39.59	39.65	42.80	35.42	0.623 times
28 Fri Jun 2024	39.38	33.50	44.00	28.95	6.111 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 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 39.24 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.