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(SANGHIIND) Sanghi Industries complete technical analysis [charts+indicators] | Buy/Sell Sanghi Industries | (SANGHIIND) share price targets

Complete technical analysis of Sanghi Industries (SANGHIIND) by charts plus indicators, forecast predictions and share price targets for Sanghi Industries (SANGHIIND)

Sanghi Industries trades in NSE in Cement & Cement Products sector.

10 day averaged volume of Sanghi Industries is 624004

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	92.95	93.15	94.00	91.70	0.7 times
25 Thu Apr 2024	93.25	94.30	94.70	89.50	1.32 times
24 Wed Apr 2024	93.10	93.45	95.20	92.65	1.261 times
23 Tue Apr 2024	93.05	95.00	95.70	92.50	1.136 times
22 Mon Apr 2024	94.60	94.55	97.90	94.00	2.362 times
19 Fri Apr 2024	94.05	93.55	95.00	92.40	0.645 times
18 Thu Apr 2024	94.65	99.90	100.00	94.05	0.852 times
16 Tue Apr 2024	94.30	93.20	95.20	93.00	0.374 times
15 Mon Apr 2024	93.15	95.05	98.20	91.95	1.082 times
12 Fri Apr 2024	97.60	100.40	100.40	96.80	0.523 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 92.5 as stoploss in an intra day buy trade for a target of 95.5. However, stock will show a bearish move below 92.5.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	82.90
Downside Target	86.00
Downside Target	89.50
Downside Target	91.50
Upside Target	94.00
Upside Target	96.80
Upside Target	100.00
Upside Target	102.10
Upside Target	107.00
Upside Target	113.00
Upside Target	119.25
Upside Target	122.05
Upside Target	131.80
Upside Target	140.00
Upside Target	156.00

Intraday share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Intraday Target	89
Downside Intraday Target	85.05
Upside Intraday Target	97.4
Upside Intraday Target	101.85
Upside Intraday Target	93.45

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	92.95	94.55	97.90	89.50	2.296 times
19 Fri Apr 2024	94.05	95.05	100.00	91.95	1.156 times
12 Fri Apr 2024	97.60	102.00	102.70	96.80	0.365 times
05 Fri Apr 2024	101.05	92.00	102.10	91.50	1.232 times
28 Thu Mar 2024	90.35	89.10	94.00	86.00	0.346 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sanghi Industries (SANGHIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	92.95	92.00	102.70	89.50	0.465 times
28 Thu Mar 2024	90.35	110.45	113.00	82.90	2.19 times
29 Thu Feb 2024	109.30	131.80	131.80	107.00	0.209 times
31 Wed Jan 2024	127.25	127.00	156.00	119.25	2.735 times

Scroll below to view daily charts

Price has moved up 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 Sanghi Industries (SANGHIIND)

Price action analysis of Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sanghi Industries in short term but the buy signal is initial and weak.

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

Sanghi Industries 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 coming down

CCI has generated a buy signal for Sanghi Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sanghi Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 93.92 and Sanghi Industries (SANGHIIND) 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 Sanghi Industries (SANGHIIND) stock. Volume based technical analysis of Sanghi Industries (SANGHIIND) stock is negative.

Sanghi Industries 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.