Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-04-21 View latest technical analysis

10 day averaged volume of Sonam is 110469

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	45.23	43.93	46.48	43.73	1.243 times
17 Thu Apr 2025	43.88	44.00	44.49	43.23	0.734 times
16 Wed Apr 2025	43.47	44.36	44.75	43.12	0.381 times
15 Tue Apr 2025	43.55	43.35	44.84	43.00	0.844 times
11 Fri Apr 2025	43.04	44.05	44.64	42.77	0.268 times
09 Wed Apr 2025	43.71	42.53	44.95	42.50	0.518 times
08 Tue Apr 2025	43.26	42.50	43.82	42.50	0.392 times
07 Mon Apr 2025	42.52	42.45	43.69	40.99	0.71 times
04 Fri Apr 2025	46.29	44.39	48.69	42.32	2.652 times
03 Thu Apr 2025	44.39	44.45	45.45	43.92	1.344 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.8, but if it comes below 44.8, then a intra day sell could be more profitable.
If you take a sell trade below 44.8, then use 44.8 as stoploss and 43.52 as target. However if you take a buy trade in stock , then use 44.8 as stoploss and 46.4 as target.

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	39.97
Downside Target	40.99
Downside Target	42.49
Downside Target	44.84
Upside Target	46.48
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	43.81
Downside Intraday Target	42.4
Upside Intraday Target	46.56
Upside Intraday Target	47.9
Downside Intraday Target	45.15

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	45.23	43.93	46.48	43.73	0.635 times
17 Thu Apr 2025	43.88	43.35	44.84	43.00	1.038 times
11 Fri Apr 2025	43.04	42.45	44.95	40.99	0.277 times
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

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
21 Mon Apr 2025	45.23	41.48	48.69	40.10	0.324 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 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 Sonam ( (SONAMLTD) ) 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 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. Bears are weakening, and bulls are picking up momentum!

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 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 Sonam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.63 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.