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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 2024-10-18 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 1315152

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	38.34	37.60	38.46	36.52	0.418 times
17 Thu Oct 2024	37.67	39.03	39.35	37.37	0.514 times
16 Wed Oct 2024	39.03	39.79	40.34	38.63	0.517 times
15 Tue Oct 2024	39.79	39.89	40.33	39.20	0.317 times
14 Mon Oct 2024	39.89	40.90	41.19	39.42	0.395 times
11 Fri Oct 2024	40.67	41.04	41.58	40.50	0.278 times
10 Thu Oct 2024	41.04	40.58	42.89	40.58	0.448 times
09 Wed Oct 2024	40.75	40.49	41.43	39.99	0.619 times
08 Tue Oct 2024	39.95	38.80	40.88	38.11	0.877 times
07 Mon Oct 2024	38.84	43.39	43.84	38.32	1.431 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.4, but if it comes above 38.4, then a intra day buy could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 37 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.67 as target.

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.95
Downside Target	35.42
Downside Target	37.38
Upside Target	40.20
Upside Target	41.19
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	36.18
Downside Intraday Target	34.01
Upside Intraday Target	40.85
Upside Intraday Target	43.35
Upside Intraday Target	38.68

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	38.34	40.90	41.19	36.52	0.592 times
11 Fri Oct 2024	40.67	43.39	43.84	38.11	0.42 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

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
18 Fri Oct 2024	38.34	40.11	45.00	36.52	1.494 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sakthi Sugars stock for short term is SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Sakthi Sugars in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 39.47 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.