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(SONAMLTD) Sonam complete technical analysis [charts+indicators] | Buy/Sell Sonam | (SONAMLTD) share price targets

Complete technical analysis of Sonam (SONAMLTD) by charts plus indicators, forecast predictions and share price targets for Sonam (SONAMLTD)

Showing technical analysis as on 2025-04-04 View latest technical analysis

10 day averaged volume of Sonam is 274180

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	46.29	44.39	48.69	42.32	1.069 times
03 Thu Apr 2025	44.39	44.45	45.45	43.92	0.541 times
02 Wed Apr 2025	43.78	42.30	45.50	41.22	0.869 times
01 Tue Apr 2025	42.31	41.48	43.20	40.10	0.271 times
28 Fri Mar 2025	40.79	43.49	43.58	40.00	1.348 times
27 Thu Mar 2025	41.14	43.48	43.48	40.85	0.862 times
26 Wed Mar 2025	43.32	42.86	44.40	42.10	1.981 times
25 Tue Mar 2025	42.86	44.69	44.70	42.11	1.207 times
24 Mon Mar 2025	43.01	44.95	45.43	42.05	1.796 times
21 Fri Mar 2025	43.95	44.83	45.90	43.55	0.526 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46, but if it comes below 46, then a intra day sell could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 44.03 as target. However if you take a buy trade in stock , then use 46 as stoploss and 48.3 as target.

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	39.97
Downside Target	42.02
Downside Target	45.43
Upside Target	47.50
Upside Target	48.69
Upside Target	49.00
Upside Target	49.50
Upside Target	58.78
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	41.36
Downside Intraday Target	36.44
Upside Intraday Target	49.95
Upside Intraday Target	53.62
Downside Intraday Target	45.03

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	46.29	41.48	48.69	40.10	0.382 times
28 Fri Mar 2025	40.79	44.95	45.43	40.00	1.672 times
21 Fri Mar 2025	43.95	44.60	47.50	39.97	3.176 times
13 Thu Mar 2025	43.77	49.00	49.00	42.65	0.685 times
07 Fri Mar 2025	48.03	44.00	49.50	42.02	1.66 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 Sonam (SONAMLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	46.29	41.48	48.69	40.10	0.185 times
28 Fri Mar 2025	40.79	44.00	49.50	39.97	0.685 times
28 Fri Feb 2025	44.48	59.98	68.00	42.49	0.619 times
26 Thu Sep 2024	76.50	54.01	80.95	49.00	2.427 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 Sonam (SONAMLTD)

Price action analysis of Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) based on a short to mid 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 Sonam ( (SONAMLTD) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a BUY signal for Sonam 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.

Sonam 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 Sonam 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

Stock of Sonam is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.11 and Sonam (SONAMLTD) 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 Sonam (SONAMLTD) stock. Volume based technical analysis of Sonam (SONAMLTD) stock is negative.

Sonam 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.