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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 2024-12-04 View latest technical analysis

10 day averaged volume of Somany Ceramics is 22096

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	721.50	699.40	737.00	690.10	2.732 times
03 Tue Dec 2024	693.40	699.10	699.10	678.55	0.532 times
02 Mon Dec 2024	692.20	702.00	702.00	685.85	0.821 times
29 Fri Nov 2024	695.65	702.00	702.00	690.05	0.522 times
28 Thu Nov 2024	698.60	692.00	702.00	680.00	1.393 times
27 Wed Nov 2024	687.10	692.00	692.00	662.40	3.965 times
26 Tue Nov 2024	660.60	666.20	666.20	658.00	0.333 times
25 Mon Nov 2024	657.10	641.25	666.35	641.25	0.441 times
22 Fri Nov 2024	641.25	633.00	644.00	621.75	1.131 times
21 Thu Nov 2024	623.95	641.00	642.35	622.05	0.451 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 724.3, for a target of 695.5 or 671.47

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	621.75
Downside Target	663.85
Downside Target	688.00
Downside Target	702.00
Downside Target	708.40
Upside Target	736.15
Upside Target	737.00
Upside Target	739.90
Upside Target	788.00

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	687.7
Downside Intraday Target	653.9
Upside Intraday Target	746.15
Upside Intraday Target	770.8
Downside Intraday Target	712.35

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	721.50	702.00	737.00	678.55	0.614 times
29 Fri Nov 2024	695.65	641.25	702.00	641.25	2.23 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

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
04 Wed Dec 2024	721.50	702.00	737.00	678.55	0.175 times
29 Fri Nov 2024	695.65	650.95	708.40	621.75	1.047 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

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Somany Ceramics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 688.69 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.