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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 2024-10-17 View latest technical analysis

10 day averaged volume of Saksoft is 296859

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	238.00	242.00	243.95	237.00	0.389 times
16 Wed Oct 2024	241.50	243.95	243.95	240.25	0.419 times
15 Tue Oct 2024	242.35	247.60	247.60	241.00	0.564 times
14 Mon Oct 2024	243.60	250.35	251.45	241.60	0.525 times
11 Fri Oct 2024	247.85	243.00	249.80	240.05	0.628 times
10 Thu Oct 2024	242.65	248.10	255.00	242.00	0.627 times
09 Wed Oct 2024	246.10	251.00	255.45	245.00	1.111 times
08 Tue Oct 2024	248.25	237.75	250.45	234.50	1.402 times
07 Mon Oct 2024	237.75	252.30	255.95	233.35	1.791 times
04 Fri Oct 2024	251.05	257.70	263.20	247.25	1.196 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 242.1, but if it comes above 242.1, then a intra day buy could be more profitable.
If you take a sell trade below 242.1, then use 242.1 as stoploss and 221.8 as target. However if you take a buy trade in stock , then use 242.1 as stoploss and 258.99 as target.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	226.00
Downside Target	233.35
Upside Target	247.25
Upside Target	263.00
Upside Target	272.15
Upside Target	278.85
Upside Target	289.00
Upside Target	293.75
Upside Target	307.30
Upside Target	312.00
Upside Target	324.50
Upside Target	381.50

Intraday share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Intraday Target	232.85
Downside Intraday Target	227.7
Upside Intraday Target	247.3
Upside Intraday Target	256.6
Upside Intraday Target	242.15

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	238.00	250.35	251.45	237.00	0.342 times
11 Fri Oct 2024	247.85	252.30	255.95	233.35	1.202 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

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
17 Thu Oct 2024	238.00	273.35	278.85	233.35	0.143 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 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 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 gaining 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 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 Saksoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 244.3 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.