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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 2024-11-27 View latest technical analysis

10 day averaged volume of Somany Ceramics is 18394

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	687.10	692.00	692.00	662.40	4.763 times
26 Tue Nov 2024	660.60	666.20	666.20	658.00	0.4 times
25 Mon Nov 2024	657.10	641.25	666.35	641.25	0.529 times
22 Fri Nov 2024	641.25	633.00	644.00	621.75	1.359 times
21 Thu Nov 2024	623.95	641.00	642.35	622.05	0.542 times
19 Tue Nov 2024	643.35	645.05	654.15	640.35	0.493 times
18 Mon Nov 2024	645.05	649.00	663.85	636.75	1.19 times
14 Thu Nov 2024	644.30	654.50	664.95	641.20	0.397 times
13 Wed Nov 2024	654.50	676.00	676.00	634.20	1.146 times
12 Tue Nov 2024	679.15	692.10	692.10	668.30	1.461 times

Stock of Somany Ceramics (SOMANYCERA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 676.3, but if it comes below 676.3, then a intra day sell could be more profitable.
If you take a sell trade below 676.3, then use 676.3 as stoploss and 659.23 as target. However if you take a buy trade in stock , then use 676.3 as stoploss and 696.9 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	621.75
Downside Target	663.85
Upside Target	688.00
Upside Target	692.00
Upside Target	708.40
Upside Target	716.00
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	654.9
Downside Intraday Target	622.7
Upside Intraday Target	705.65
Upside Intraday Target	724.2
Downside Intraday Target	673.45

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	687.10	641.25	692.00	641.25	1.588 times
22 Fri Nov 2024	641.25	649.00	663.85	621.75	0.653 times
14 Thu Nov 2024	644.30	683.40	708.40	634.20	0.544 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	687.10	650.95	708.40	621.75	0.961 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 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but selling 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 Somany Ceramics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 665.88 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 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.