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(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 2024-10-28 View latest technical analysis

10 day averaged volume of Somany Ceramics is 18899

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	673.85	660.35	685.00	645.15	0.91 times
25 Fri Oct 2024	660.35	689.10	689.10	641.10	2.222 times
24 Thu Oct 2024	685.65	684.00	688.20	675.15	0.382 times
23 Wed Oct 2024	680.55	685.10	685.10	661.10	1.814 times
22 Tue Oct 2024	681.65	698.70	698.70	680.00	0.703 times
21 Mon Oct 2024	693.65	696.20	705.40	684.75	1.105 times
18 Fri Oct 2024	701.90	706.90	707.00	691.50	0.639 times
17 Thu Oct 2024	703.55	700.00	717.00	695.05	1.114 times
16 Wed Oct 2024	700.85	703.30	706.85	695.00	0.474 times
15 Tue Oct 2024	703.30	712.15	712.15	700.00	0.854 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 684.4, but if it comes above 684.4, then a intra day buy could be more profitable.
If you take a sell trade below 684.4, then use 684.4 as stoploss and 661 as target. However if you take a buy trade in stock , then use 684.4 as stoploss and 703.94 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	641.10
Upside Target	676.95
Upside Target	716.00
Upside Target	723.90
Upside Target	736.15
Upside Target	739.30
Upside Target	739.90
Upside Target	788.00
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	651
Downside Intraday Target	628.15
Upside Intraday Target	690.85
Upside Intraday Target	707.85
Downside Intraday Target	668

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	673.85	660.35	685.00	645.15	0.146 times
25 Fri Oct 2024	660.35	696.20	705.40	641.10	1.65 times
18 Fri Oct 2024	701.90	723.90	723.90	691.50	0.784 times
11 Fri Oct 2024	720.25	739.90	739.90	693.55	0.58 times
04 Fri Oct 2024	729.10	703.00	739.30	691.30	0.902 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 Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	673.85	732.20	739.90	641.10	0.655 times
30 Mon Sep 2024	728.55	723.70	736.15	676.95	0.634 times
30 Fri Aug 2024	720.05	779.55	788.00	688.00	0.69 times
31 Wed Jul 2024	775.65	836.90	842.45	716.00	0.556 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 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 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 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 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 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 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 Somany Ceramics 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 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 683.93 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.