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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 2025-04-29 View latest technical analysis

10 day averaged volume of Sonam is 109359

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	40.71	41.27	41.56	40.50	0.627 times
28 Mon Apr 2025	40.71	40.81	42.04	40.05	0.814 times
25 Fri Apr 2025	41.38	41.75	42.59	40.11	1.184 times
24 Thu Apr 2025	41.54	43.39	43.44	41.01	2.069 times
23 Wed Apr 2025	43.13	46.43	46.43	42.61	1.591 times
22 Tue Apr 2025	44.38	45.93	45.93	43.67	0.838 times
21 Mon Apr 2025	45.23	43.93	46.48	43.73	1.255 times
17 Thu Apr 2025	43.88	44.00	44.49	43.23	0.741 times
16 Wed Apr 2025	43.47	44.36	44.75	43.12	0.384 times
15 Tue Apr 2025	43.55	43.35	44.84	43.00	0.853 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.4, but if it comes above 41.4, then a intra day buy could be more profitable.
If you take a sell trade below 41.4, then use 41.4 as stoploss and 39.6 as target. However if you take a buy trade in stock , then use 41.4 as stoploss and 42.96 as target.

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	39.97
Upside Target	40.99
Upside Target	42.04
Upside Target	44.84
Upside Target	46.00
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	39.83
Downside Intraday Target	38.94
Upside Intraday Target	41.82
Upside Intraday Target	42.92
Upside Intraday Target	40.93

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	40.71	40.81	42.04	40.05	0.208 times
25 Fri Apr 2025	41.38	43.93	46.48	40.11	3.506 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

Price has moved down 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
29 Tue Apr 2025	40.71	41.48	48.69	40.05	0.515 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 down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sonam ( (SONAMLTD) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sonam in short term and the sell signal is strong.

Sonam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonam in short term and SELL 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 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 42.73 and Sonam (SONAMLTD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sonam (SONAMLTD) stock. Volume based technical analysis of Sonam (SONAMLTD) stock is negative.

Sonam 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.