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(SONACOMS) Sona Blw complete technical analysis [charts+indicators] | Buy/Sell Sona Blw | (SONACOMS) share price targets

Complete technical analysis of Sona Blw (SONACOMS) by charts plus indicators, forecast predictions and share price targets for Sona Blw (SONACOMS)

Showing technical analysis as on 2024-03-22 View latest technical analysis

10 day averaged volume of Sona Blw is 2530184

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	691.45	676.80	698.70	674.05	0.924 times
21 Thu Mar 2024	678.90	644.85	687.70	644.60	1.215 times
20 Wed Mar 2024	637.85	649.90	653.55	631.10	0.535 times
19 Tue Mar 2024	653.80	664.00	664.40	648.00	0.421 times
18 Mon Mar 2024	663.05	645.00	669.10	645.00	0.933 times
15 Fri Mar 2024	641.60	639.00	647.15	626.40	0.779 times
14 Thu Mar 2024	638.90	629.30	648.00	622.05	1.044 times
13 Wed Mar 2024	642.50	684.00	688.05	603.65	2.748 times
12 Tue Mar 2024	686.95	703.45	708.00	679.50	0.55 times
11 Mon Mar 2024	701.35	690.00	715.20	682.55	0.914 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 690.5, but if it comes below 690.5, then a intra day sell could be more profitable.
If you take a sell trade below 690.5, then use 690.5 as stoploss and 671.15 as target. However if you take a buy trade in stock , then use 690.5 as stoploss and 713.8 as target.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	531.60
Downside Target	562.10
Downside Target	580.00
Downside Target	603.65
Downside Target	631.10
Downside Target	669.95
Upside Target	695.25
Upside Target	698.70
Upside Target	715.20
Upside Target	718.85

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	648.8
Downside Intraday Target	606.15
Upside Intraday Target	716.4
Upside Intraday Target	741.35
Downside Intraday Target	673.75

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	691.45	645.00	698.70	631.10	0.667 times
15 Fri Mar 2024	641.60	690.00	715.20	603.65	2.486 times
07 Thu Mar 2024	684.35	694.20	695.25	663.15	0.319 times
02 Sat Mar 2024	694.20	650.00	718.85	643.05	1.436 times
23 Fri Feb 2024	649.25	618.00	656.50	605.70	3.613 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 Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	691.45	693.35	715.20	603.65	0.782 times
29 Thu Feb 2024	689.35	622.15	718.85	580.00	1.166 times
31 Wed Jan 2024	618.20	646.00	669.95	562.10	0.81 times
29 Fri Dec 2023	644.50	563.50	651.65	531.60	2.009 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 Sona Blw (SONACOMS)

Price action analysis of Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) 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 Sona Blw stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sona Blw in short term but the sell signal is initial and weak.

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

Sona Blw 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sona Blw in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sona Blw is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 660.85 and Sona Blw (SONACOMS) 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 Sona Blw (SONACOMS) stock. Volume based technical analysis of Sona Blw (SONACOMS) stock is negative.

Sona Blw 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.