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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.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Sanghi Industries is 332458

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	110.20	113.50	113.50	107.00	1.237 times
27 Tue Feb 2024	113.45	115.05	116.30	111.70	0.928 times
26 Mon Feb 2024	115.25	115.25	116.80	114.20	0.999 times
23 Fri Feb 2024	114.75	114.90	115.40	113.55	0.668 times
22 Thu Feb 2024	113.95	117.00	117.00	113.00	1.057 times
21 Wed Feb 2024	116.05	114.05	117.05	114.05	0.809 times
20 Tue Feb 2024	114.75	116.00	116.50	114.00	0.503 times
19 Mon Feb 2024	115.90	114.00	118.20	113.60	1.56 times
16 Fri Feb 2024	114.60	112.45	116.00	112.40	1.021 times
15 Thu Feb 2024	112.35	110.25	114.80	110.25	1.188 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 111.5, but if it comes above 111.5, then a intra day buy could be more profitable.
If you take a sell trade below 111.5, then use 111.5 as stoploss and 106.7 as target. However if you take a buy trade in stock , then use 111.5 as stoploss and 115.43 as target.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	93.05
Downside Target	107.00
Upside Target	112.45
Upside Target	116.70
Upside Target	119.30
Upside Target	121.30
Upside Target	122.05
Upside Target	123.90
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	105.87
Downside Intraday Target	101.53
Upside Intraday Target	115.67
Upside Intraday Target	121.13
Upside Intraday Target	111.33

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	110.20	115.25	116.80	107.00	0.688 times
23 Fri Feb 2024	114.75	114.00	118.20	113.00	0.65 times
16 Fri Feb 2024	114.60	115.00	116.85	108.00	0.479 times
09 Fri Feb 2024	114.50	121.60	123.90	114.00	0.653 times
02 Fri Feb 2024	121.95	119.35	131.80	119.30	0.627 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 Sanghi Industries (SANGHIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	110.20	131.80	131.80	107.00	0.206 times
31 Wed Jan 2024	127.25	127.00	156.00	119.25	2.735 times
29 Fri Dec 2023	126.90	122.40	140.00	122.05	1.832 times
30 Thu Nov 2023	121.25	115.85	121.30	112.45	0.266 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 Sanghi Industries (SANGHIIND)

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sanghi Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sanghi Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Sanghi Industries 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 114.01 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.