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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 2024-10-21 View latest technical analysis

10 day averaged volume of Sakthi Sugars is 764426

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	37.18	38.75	38.75	37.01	0.493 times
18 Fri Oct 2024	38.34	37.60	38.46	36.52	0.719 times
17 Thu Oct 2024	37.67	39.03	39.35	37.37	0.885 times
16 Wed Oct 2024	39.03	39.79	40.34	38.63	0.889 times
15 Tue Oct 2024	39.79	39.89	40.33	39.20	0.545 times
14 Mon Oct 2024	39.89	40.90	41.19	39.42	0.68 times
11 Fri Oct 2024	40.67	41.04	41.58	40.50	0.478 times
10 Thu Oct 2024	41.04	40.58	42.89	40.58	0.77 times
09 Wed Oct 2024	40.75	40.49	41.43	39.99	1.065 times
08 Tue Oct 2024	39.95	38.80	40.88	38.11	1.508 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 36.7, for a target of 38.3 or 39.6

Share price targets for Sakthi Sugars (SAKHTISUG)

Target Type	Value
Downside Target	28.95
Downside Target	35.42
Upside Target	38.00
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	36.54
Downside Intraday Target	35.91
Upside Intraday Target	38.28
Upside Intraday Target	39.39
Upside Intraday Target	37.65

Weekly technical analysis of Sakthi Sugars (SAKHTISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	37.18	38.75	38.75	37.01	0.133 times
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

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
21 Mon Oct 2024	37.18	40.11	45.00	36.52	1.526 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, and volume has increased substantially. This means that the move can 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 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 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 Weak and stock is losing momentum.

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

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

MRSI is in positive zone. This is a BUY 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 39.52 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 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.