Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SOMANYCERA) Somany Ceramics complete technical analysis [charts+indicators] | Buy/Sell Somany Ceramics | (SOMANYCERA) share price targets

Complete technical analysis of Somany Ceramics (SOMANYCERA) by charts plus indicators, forecast predictions and share price targets for Somany Ceramics (SOMANYCERA)

Somany Ceramics trades in NSE in Furniture-Furnishing-Paints sector.

Showing technical analysis as on 2024-08-14 View latest technical analysis

10 day averaged volume of Somany Ceramics is 56762

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	703.25	715.20	715.20	700.00	0.316 times
13 Tue Aug 2024	704.65	712.50	719.00	702.00	0.386 times
12 Mon Aug 2024	715.25	735.80	744.65	712.00	0.58 times
09 Fri Aug 2024	730.40	716.70	746.05	715.15	0.991 times
08 Thu Aug 2024	713.10	708.00	725.00	707.10	0.375 times
07 Wed Aug 2024	707.30	699.00	715.00	694.35	1.363 times
06 Tue Aug 2024	689.95	711.60	720.45	688.00	0.772 times
05 Mon Aug 2024	711.10	719.00	727.90	693.80	1.588 times
02 Fri Aug 2024	748.20	750.00	752.80	728.30	1.931 times
01 Thu Aug 2024	773.70	779.55	788.00	765.00	0.762 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 711.9, but if it comes above 711.9, then a intra day buy could be more profitable.
If you take a sell trade below 711.9, then use 711.9 as stoploss and 678.7 as target. However if you take a buy trade in stock , then use 711.9 as stoploss and 739.6 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	583.00
Downside Target	615.00
Downside Target	653.40
Downside Target	688.00
Upside Target	716.00
Upside Target	778.30
Upside Target	788.00
Upside Target	794.15
Upside Target	799.00
Upside Target	807.85
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	687.28
Downside Intraday Target	671.32
Upside Intraday Target	731.93
Upside Intraday Target	760.62
Upside Intraday Target	715.97

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	703.25	735.80	744.65	700.00	0.252 times
09 Fri Aug 2024	730.40	719.00	746.05	688.00	0.857 times
02 Fri Aug 2024	748.20	755.85	794.15	728.30	1.142 times
26 Fri Jul 2024	760.30	740.90	778.30	716.00	1.588 times
19 Fri Jul 2024	740.90	780.30	799.00	736.20	0.495 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 Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	703.25	779.55	788.00	688.00	0.377 times
31 Wed Jul 2024	775.65	836.90	842.45	716.00	0.556 times
28 Fri Jun 2024	832.40	729.00	872.60	657.00	0.608 times
31 Fri May 2024	714.90	630.90	807.85	615.00	6.521 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 Somany Ceramics (SOMANYCERA)

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) based on a short 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.

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Somany Ceramics in short term and the sell signal is strong.

Somany Ceramics 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Somany Ceramics in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Stock of Somany Ceramics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 723.8 and Somany Ceramics (SOMANYCERA) 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 Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics 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.