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(SUDARSCHEM) Sudarshan Chemical complete technical analysis [charts+indicators] | Buy/Sell Sudarshan Chemical | (SUDARSCHEM) share price targets

Complete technical analysis of Sudarshan Chemical (SUDARSCHEM) by charts plus indicators, forecast predictions and share price targets for Sudarshan Chemical (SUDARSCHEM)

Sudarshan Chemical trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-08-21 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 279103

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1033.90	990.70	1048.00	985.00	1.359 times
20 Tue Aug 2024	987.25	1003.85	1028.40	982.00	0.788 times
19 Mon Aug 2024	988.85	991.10	999.00	978.35	0.891 times
16 Fri Aug 2024	983.75	977.05	999.00	966.70	0.634 times
14 Wed Aug 2024	968.15	972.00	995.65	961.55	0.833 times
13 Tue Aug 2024	970.35	1000.90	1002.30	946.15	2.22 times
12 Mon Aug 2024	997.75	974.45	999.90	964.20	1.111 times
09 Fri Aug 2024	971.30	949.05	974.65	948.65	0.903 times
08 Thu Aug 2024	948.00	943.20	959.90	940.00	0.643 times
07 Wed Aug 2024	943.20	938.00	947.90	926.40	0.77 times

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 1036.1, for a target of 991.2 or 953.76

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	608.00
Downside Target	680.00
Downside Target	701.25
Downside Target	766.50
Downside Target	852.30
Downside Target	893.25
Downside Target	946.15
Downside Target	969.90
Downside Target	974.65
Downside Target	978.35
Downside Target	1002.30
Downside Target	1010.00
Upside Target	1048.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	992.17
Downside Intraday Target	950.43
Upside Intraday Target	1061.82
Upside Intraday Target	1089.73
Downside Intraday Target	1020.08

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1033.90	991.10	1048.00	978.35	0.633 times
16 Fri Aug 2024	983.75	974.45	1002.30	946.15	0.691 times
09 Fri Aug 2024	971.30	885.00	974.65	873.75	0.98 times
02 Fri Aug 2024	976.30	918.30	1010.00	906.85	1.656 times
26 Fri Jul 2024	913.90	890.50	923.50	864.10	1.151 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 Sudarshan Chemical (SUDARSCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1033.90	950.90	1048.00	873.75	0.699 times
31 Wed Jul 2024	936.85	910.00	969.90	852.30	0.88 times
28 Fri Jun 2024	901.15	810.00	949.70	680.00	0.973 times
31 Fri May 2024	785.65	739.60	893.25	701.25	0.598 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 Sudarshan Chemical (SUDARSCHEM)

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical ( (SUDARSCHEM) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Sudarshan Chemical 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.

Sudarshan Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Sudarshan Chemical 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sudarshan Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 982.05 and Sudarshan Chemical (SUDARSCHEM) 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 Sudarshan Chemical (SUDARSCHEM) stock. Volume based technical analysis of Sudarshan Chemical (SUDARSCHEM) stock is negative.

Sudarshan Chemical 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.