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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 2024-10-23 View latest technical analysis

10 day averaged volume of Saksoft is 188257

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	228.25	220.50	231.40	218.00	1.337 times
22 Tue Oct 2024	220.45	231.35	233.20	219.00	1.279 times
21 Mon Oct 2024	231.35	238.65	242.00	230.00	1.037 times
18 Fri Oct 2024	235.85	241.55	241.55	232.10	0.961 times
17 Thu Oct 2024	238.00	242.00	243.95	237.00	0.614 times
16 Wed Oct 2024	241.50	243.95	243.95	240.25	0.661 times
15 Tue Oct 2024	242.35	247.60	247.60	241.00	0.89 times
14 Mon Oct 2024	243.60	250.35	251.45	241.60	0.828 times
11 Fri Oct 2024	247.85	243.00	249.80	240.05	0.99 times
10 Thu Oct 2024	242.65	248.10	255.00	242.00	0.989 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 232.5, but if it comes above 232.5, then a intra day buy could be more profitable.
If you take a sell trade below 232.5, then use 232.5 as stoploss and 213 as target. However if you take a buy trade in stock , then use 232.5 as stoploss and 248.86 as target.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	218.00
Downside Target	226.00
Upside Target	232.10
Upside Target	242.00
Upside Target	247.25
Upside Target	263.00
Upside Target	273.05
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	216.83
Downside Intraday Target	205.42
Upside Intraday Target	240.83
Upside Intraday Target	253.42
Upside Intraday Target	229.42

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	228.25	238.65	242.00	218.00	0.924 times
18 Fri Oct 2024	235.85	250.35	251.45	232.10	0.451 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

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
23 Wed Oct 2024	228.25	273.35	278.85	218.00	0.18 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 235.99 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.