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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 2024-10-09 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 1906270

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	40.75	40.49	41.43	39.99	0.427 times
08 Tue Oct 2024	39.95	38.80	40.88	38.11	0.605 times
07 Mon Oct 2024	38.84	43.39	43.84	38.32	0.987 times
04 Fri Oct 2024	42.78	41.87	45.00	41.75	3.177 times
03 Thu Oct 2024	41.61	40.00	42.00	39.58	1.618 times
01 Tue Oct 2024	40.30	40.11	41.45	40.00	0.658 times
30 Mon Sep 2024	39.92	39.54	40.34	38.74	0.548 times
27 Fri Sep 2024	39.31	39.10	41.23	39.00	1.576 times
26 Thu Sep 2024	38.23	39.15	39.40	38.00	0.148 times
25 Wed Sep 2024	39.02	38.97	39.95	38.73	0.437 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.6, but if it comes below 40.6, then a intra day sell could be more profitable.
If you take a sell trade below 40.6, then use 40.6 as stoploss and 39.29 as target. However if you take a buy trade in stock , then use 40.6 as stoploss and 42.1 as target.

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.95
Downside Target	35.42
Downside Target	37.38
Downside Target	40.20
Upside Target	41.23
Upside Target	42.33
Upside Target	42.80
Upside Target	43.84
Upside Target	44.00
Upside Target	45.00

Intraday share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Intraday Target	37.96
Downside Intraday Target	35.17
Upside Intraday Target	43.69
Upside Intraday Target	46.63
Upside Intraday Target	40.9

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	40.75	43.39	43.84	38.11	0.336 times
04 Fri Oct 2024	42.78	39.54	45.00	38.74	2.206 times
27 Fri Sep 2024	39.31	38.94	41.23	38.00	2.132 times
20 Fri Sep 2024	38.58	38.61	40.20	37.38	1.539 times
13 Fri Sep 2024	38.00	37.80	39.00	36.58	0.866 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
09 Wed Oct 2024	40.75	40.11	45.00	38.11	1.18 times
30 Mon Sep 2024	39.92	40.00	41.23	36.58	0.873 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

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 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 short term time period is neutral. A longer time frame might give a better analysis.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Sakthi Sugars stock for short term is BUY. Signal strength is Weak 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 40.88 and Sakthi Sugars (SAKHTISUG) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.