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 2024-11-04 View latest technical analysis

10 day averaged volume of Somany Ceramics is 25082

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	650.95	660.00	660.00	629.55	3.879 times
01 Fri Nov 2024	651.60	650.95	661.70	630.80	0.607 times
31 Thu Oct 2024	648.15	654.00	654.00	637.05	1.765 times
30 Wed Oct 2024	652.65	649.95	659.40	646.00	1.101 times
29 Tue Oct 2024	653.25	684.00	684.00	648.70	1.149 times
28 Mon Oct 2024	673.85	660.35	685.00	645.15	0.686 times
25 Fri Oct 2024	660.35	689.10	689.10	641.10	1.675 times
24 Thu Oct 2024	685.65	684.00	688.20	675.15	0.288 times
23 Wed Oct 2024	680.55	685.10	685.10	661.10	1.367 times
22 Tue Oct 2024	681.65	698.70	698.70	680.00	0.53 times

Stock of Somany Ceramics (SOMANYCERA) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 661.1, but if it comes above 661.1, then a intra day buy could be more profitable.
If you take a sell trade below 661.1, then use 661.1 as stoploss and 631.5 as target. However if you take a buy trade in stock , then use 661.1 as stoploss and 685.72 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	629.55
Upside Target	660.00
Upside Target	676.95
Upside Target	705.40
Upside Target	716.00
Upside Target	723.90
Upside Target	736.15
Upside Target	739.90
Upside Target	788.00
Upside Target	842.45

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	633.67
Downside Intraday Target	616.38
Upside Intraday Target	664.12
Upside Intraday Target	677.28
Downside Intraday Target	646.83

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	650.95	660.00	660.00	629.55	0.731 times
01 Fri Nov 2024	651.60	660.35	685.00	630.80	1.131 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

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
04 Mon Nov 2024	650.95	650.95	661.70	629.55	0.229 times
31 Thu Oct 2024	648.15	732.20	739.90	637.05	0.824 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 658.47 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.