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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 2024-11-11 View latest technical analysis

10 day averaged volume of Somany Ceramics is 31874

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	689.40	683.40	708.40	663.05	1.432 times
08 Fri Nov 2024	683.40	680.50	687.00	655.70	1.088 times
07 Thu Nov 2024	677.10	678.70	683.05	668.00	0.549 times
06 Wed Nov 2024	671.35	674.00	675.00	662.85	0.426 times
05 Tue Nov 2024	670.40	654.25	675.05	647.90	0.709 times
04 Mon Nov 2024	650.95	660.00	660.00	629.55	3.052 times
01 Fri Nov 2024	651.60	650.95	661.70	630.80	0.478 times
31 Thu Oct 2024	648.15	654.00	654.00	637.05	1.389 times
30 Wed Oct 2024	652.65	649.95	659.40	646.00	0.866 times
29 Tue Oct 2024	653.25	684.00	684.00	648.70	0.904 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 695.2 as stoploss in an intra day sell trade for a target of 676.68. However, stock will show a bullish move above 695.2.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	629.55
Downside Target	663.05
Downside Target	676.95
Upside Target	705.40
Upside Target	708.40
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	665.5
Downside Intraday Target	641.6
Upside Intraday Target	710.85
Upside Intraday Target	732.3
Downside Intraday Target	686.95

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	689.40	683.40	708.40	663.05	0.246 times
08 Fri Nov 2024	683.40	660.00	687.00	629.55	1.394 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

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
11 Mon Nov 2024	689.40	650.95	708.40	629.55	0.501 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Somany Ceramics in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Somany Ceramics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Somany Ceramics in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 662.62 and Somany Ceramics (SOMANYCERA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.