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(SIMBHALS_BE) Simbhaoli Sugars complete technical analysis [charts+indicators] | Buy/Sell Simbhaoli Sugars | (SIMBHALS_BE) share price targets

Complete technical analysis of Simbhaoli Sugars (SIMBHALS_BE) by charts plus indicators, forecast predictions and share price targets for Simbhaoli Sugars (SIMBHALS_BE)

Showing technical analysis as on 2024-07-16 View latest technical analysis

10 day averaged volume of Simbhaoli Sugars is 80303

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	29.09	29.09	29.09	29.09	2.137 times
15 Mon Jul 2024	30.63	30.63	30.63	30.63	1.548 times
12 Fri Jul 2024	32.25	33.20	33.77	31.70	1.192 times
11 Thu Jul 2024	33.05	33.30	33.90	32.15	1.1 times
10 Wed Jul 2024	32.86	33.90	34.05	31.83	0.508 times
09 Tue Jul 2024	33.44	32.90	33.50	31.50	2.149 times
08 Mon Jul 2024	32.04	32.23	32.85	31.51	0.448 times
05 Fri Jul 2024	32.18	32.52	33.00	32.02	0.519 times
04 Thu Jul 2024	32.52	33.47	33.55	32.41	0.559 times
03 Wed Jul 2024	33.47	32.79	33.80	32.79	1.012 times

Stock of Simbhaoli Sugars (SIMBHALS_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 25.5 or till 20.5. Use a stoploss of 29.73 and if the stock hits stoploss, then it can shoot up till 33.94

Share price targets for Simbhaoli Sugars (SIMBHALS_BE)

Target Type	Value
Downside Target	21.50
Downside Target	22.10
Downside Target	24.50
Downside Target	25.70
Downside Target	29.09
Upside Target	30.63
Upside Target	32.35
Upside Target	32.95
Upside Target	33.80
Upside Target	34.05
Upside Target	35.19

Intraday share price targets for Simbhaoli Sugars (SIMBHALS_BE)

Target Type	Value
Downside Intraday Target	28.58
Downside Intraday Target	28.06
Upside Intraday Target	30.12
Upside Intraday Target	31.14
Upside Intraday Target	29.6

Weekly technical analysis of Simbhaoli Sugars (SIMBHALS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	29.09	30.63	30.63	29.09	0.683 times
12 Fri Jul 2024	32.25	32.23	34.05	31.50	1.397 times
05 Fri Jul 2024	32.18	33.25	33.80	31.10	1.049 times
28 Fri Jun 2024	33.18	23.30	35.19	21.50	2.742 times
17 Fri Jun 2022	22.60	25.50	25.70	22.10	1.379 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 Simbhaoli Sugars (SIMBHALS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	29.09	33.25	34.05	29.09	1.829 times
28 Fri Jun 2024	33.18	26.70	35.19	21.50	0.792 times
31 Tue May 2022	26.15	30.50	32.95	24.50	2.114 times
11 Mon Oct 2021	31.00	25.80	32.35	25.80	0.899 times

Scroll below to view daily charts

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

Indicators analysis of Simbhaoli Sugars (SIMBHALS_BE)

Price action analysis of Simbhaoli Sugars ( (SIMBHALS_BE) ) 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 Simbhaoli Sugars ( (SIMBHALS_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 Simbhaoli Sugars ( (SIMBHALS_BE) ) 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 Simbhaoli Sugars stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Simbhaoli Sugars 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Simbhaoli Sugars in short term and SELL signal is strong!

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 Simbhaoli Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.87 and Simbhaoli Sugars (SIMBHALS_BE) 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 Simbhaoli Sugars (SIMBHALS_BE) stock. Volume based technical analysis of Simbhaoli Sugars (SIMBHALS_BE) stock is negative.

Simbhaoli Sugars 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.