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(SAKSOFT) Saksoft complete technical analysis [charts+indicators] | Buy/Sell Saksoft | (SAKSOFT) share price targets

Complete technical analysis of Saksoft (SAKSOFT) by charts plus indicators, forecast predictions and share price targets for Saksoft (SAKSOFT)

Showing technical analysis as on 2024-10-08 View latest technical analysis

10 day averaged volume of Saksoft is 437627

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	248.25	237.75	250.45	234.50	0.951 times
07 Mon Oct 2024	237.75	252.30	255.95	233.35	1.215 times
04 Fri Oct 2024	251.05	257.70	263.20	247.25	0.811 times
03 Thu Oct 2024	256.70	267.00	268.00	252.20	1.178 times
01 Tue Oct 2024	271.00	273.35	278.85	270.00	0.592 times
30 Mon Sep 2024	277.55	289.00	289.00	276.00	0.555 times
27 Fri Sep 2024	282.50	264.55	293.75	264.55	3.377 times
26 Thu Sep 2024	264.25	270.05	270.50	263.00	0.313 times
25 Wed Sep 2024	270.15	272.95	275.70	268.60	0.309 times
24 Tue Sep 2024	272.95	273.25	277.65	267.05	0.792 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 253.4, but if it comes above 253.4, then a intra day buy could be more profitable.
If you take a sell trade below 253.4, then use 253.4 as stoploss and 203 as target. However if you take a buy trade in stock , then use 253.4 as stoploss and 295.39 as target.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	226.00
Downside Target	233.35
Downside Target	247.25
Upside Target	255.95
Upside Target	263.00
Upside Target	272.15
Upside Target	278.85
Upside Target	289.00
Upside Target	307.30
Upside Target	312.00
Upside Target	324.50
Upside Target	378.00
Upside Target	381.50

Intraday share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Intraday Target	235.75
Downside Intraday Target	223.25
Upside Intraday Target	258.35
Upside Intraday Target	268.45
Downside Intraday Target	245.85

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	248.25	252.30	255.95	233.35	0.69 times
04 Fri Oct 2024	251.05	289.00	289.00	247.25	0.555 times
27 Fri Sep 2024	282.50	278.00	293.75	263.00	0.431 times
20 Fri Sep 2024	276.15	367.55	381.50	272.15	0.486 times
13 Fri Sep 2024	360.75	335.30	378.00	308.45	3.677 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 Saksoft (SAKSOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	248.25	273.35	278.85	233.35	0.089 times
30 Mon Sep 2024	277.55	297.00	381.50	263.00	3.287 times
30 Fri Aug 2024	292.00	303.85	312.00	263.60	0.835 times
31 Wed Jul 2024	296.25	280.05	324.50	273.05	0.773 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 Saksoft (SAKSOFT)

Price action analysis of Saksoft ( (SAKSOFT) ) 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 Saksoft ( (SAKSOFT) ) 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 Saksoft ( (SAKSOFT) ) 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 Saksoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Saksoft 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 buy signal for Saksoft in short term but BUY signal is weak.

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 Saksoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 265.71 and Saksoft (SAKSOFT) 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 Saksoft (SAKSOFT) stock. Volume based technical analysis of Saksoft (SAKSOFT) stock is negative.

Saksoft 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.