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

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

Showing technical analysis as on 2023-10-30 View latest technical analysis

10 day averaged volume of Sanghi Industries is 575682

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Oct 2023	116.50	113.85	117.80	113.10	0.281 times
27 Fri Oct 2023	113.85	115.00	116.30	112.90	1.29 times
26 Thu Oct 2023	114.15	113.90	115.55	112.25	1.923 times
25 Wed Oct 2023	113.90	118.90	118.90	113.50	0.846 times
23 Mon Oct 2023	114.70	120.00	120.00	114.70	2.263 times
20 Fri Oct 2023	120.70	124.35	124.35	118.50	0.705 times
19 Thu Oct 2023	121.90	122.00	122.75	119.90	0.191 times
18 Wed Oct 2023	122.20	122.80	125.90	120.50	0.455 times
17 Tue Oct 2023	123.00	123.55	125.00	121.20	0.398 times
16 Mon Oct 2023	123.10	127.00	127.00	121.00	0.321 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 114.5 as stoploss in an intra day buy trade for a target of 119.66. However, stock will show a bearish move below 114.5.

Share price targets for Sanghi Industries (SANGHIIND_BE)

Target Type	Value
Downside Target	54.65
Downside Target	67.75
Downside Target	72.55
Downside Target	108.00
Downside Target	115.20
Upside Target	117.80
Upside Target	118.50
Upside Target	120.00
Upside Target	125.50
Upside Target	127.00
Upside Target	131.75

Intraday share price targets for Sanghi Industries (SANGHIIND_BE)

Target Type	Value
Downside Intraday Target	113.8
Downside Intraday Target	111.1
Upside Intraday Target	118.5
Upside Intraday Target	120.5
Downside Intraday Target	115.8

Weekly technical analysis of Sanghi Industries (SANGHIIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Oct 2023	116.50	113.85	117.80	113.10	0.045 times
27 Fri Oct 2023	113.85	120.00	120.00	112.25	3.053 times
20 Fri Oct 2023	120.70	127.00	127.00	118.50	0.146 times
13 Fri Oct 2023	126.20	131.75	131.75	115.20	3.988 times
06 Fri Oct 2023	125.50	114.40	125.50	112.55	1.501 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Oct 2023	116.50	114.40	131.75	112.25	2.038 times
29 Fri Sep 2023	113.40	110.25	114.90	109.75	0.693 times
31 Thu Aug 2023	110.25	110.10	111.25	108.00	3.256 times
05 Mon Dec 2022	72.55	72.00	72.55	67.75	0.207 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sanghi Industries (SANGHIIND_BE)

Price action analysis of Sanghi Industries ( (SANGHIIND_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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 moving up

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

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 116.16 and Sanghi Industries (SANGHIIND_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Sanghi Industries (SANGHIIND_BE) stock. Volume based technical analysis of Sanghi Industries (SANGHIIND_BE) stock is negative.

Sanghi Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.