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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 2024-08-30 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 220048

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1033.05	1008.65	1048.00	993.40	4.729 times
29 Thu Aug 2024	1007.70	1013.20	1019.00	989.00	0.607 times
28 Wed Aug 2024	1013.20	1000.55	1017.35	995.05	0.658 times
27 Tue Aug 2024	1000.55	996.05	1025.25	992.25	0.593 times
26 Mon Aug 2024	998.30	1014.50	1028.65	985.75	0.745 times
23 Fri Aug 2024	1014.50	1052.00	1055.45	1010.60	0.565 times
22 Thu Aug 2024	1046.75	1039.95	1082.00	1039.50	2.174 times
21 Wed Aug 2024	1033.90	990.70	1048.00	985.00	1.723 times
20 Tue Aug 2024	987.25	1003.85	1028.40	982.00	0.999 times
19 Mon Aug 2024	988.85	991.10	999.00	978.35	1.131 times

Stock of Sudarshan Chemical (SUDARSCHEM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1020.5, but if it comes below 1020.5, then a intra day sell could be more profitable.
If you take a sell trade below 1020.5, then use 1020.5 as stoploss and 986.21 as target. However if you take a buy trade in stock , then use 1020.5 as stoploss and 1061.6 as target.

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	873.75
Downside Target	893.25
Downside Target	946.15
Downside Target	969.90
Downside Target	1002.30
Downside Target	1010.00
Upside Target	1048.00
Upside Target	1082.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	996.53
Downside Intraday Target	960.02
Upside Intraday Target	1058.78
Upside Intraday Target	1084.52
Downside Intraday Target	1022.27

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1033.05	1014.50	1048.00	985.75	1.112 times
23 Fri Aug 2024	1014.50	991.10	1082.00	978.35	1.083 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

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
30 Fri Aug 2024	1033.05	950.90	1082.00	873.75	0.998 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) 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 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 SELL signal for Sudarshan Chemical 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.

Sudarshan Chemical 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1022.38 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.