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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 2024-10-08 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 293935

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1013.70	994.00	1038.25	972.25	1.053 times
07 Mon Oct 2024	990.95	1040.50	1050.00	981.80	0.788 times
04 Fri Oct 2024	1041.75	1063.30	1072.65	1031.50	0.469 times
03 Thu Oct 2024	1056.05	1093.00	1119.00	1051.00	1.005 times
01 Tue Oct 2024	1127.10	1121.00	1131.90	1108.60	0.67 times
30 Mon Sep 2024	1117.75	1099.60	1149.00	1090.00	2.424 times
27 Fri Sep 2024	1103.90	1067.55	1121.40	1062.00	1.196 times
26 Thu Sep 2024	1067.55	1067.75	1083.00	1046.15	0.784 times
25 Wed Sep 2024	1062.75	1047.15	1105.00	1043.60	1.882 times
24 Tue Sep 2024	1041.90	1042.95	1051.00	1018.60	0.424 times

My analysis of stock is bearish for shortterm, and stock might move down till 989.2 or till 933.9. Use a stoploss of 1035.22 and if the stock hits stoploss, then it can shoot up till 1081.29

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	680.00
Downside Target	852.30
Downside Target	873.75
Downside Target	948.35
Downside Target	969.90
Downside Target	1012.00
Upside Target	1050.00
Upside Target	1069.00
Upside Target	1082.00
Upside Target	1121.40
Upside Target	1131.90
Upside Target	1149.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	973.97
Downside Intraday Target	934.23
Upside Intraday Target	1051.72
Upside Intraday Target	1089.73
Downside Intraday Target	1011.98

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1013.70	1040.50	1050.00	972.25	0.403 times
04 Fri Oct 2024	1041.75	1099.60	1149.00	1031.50	0.984 times
27 Fri Sep 2024	1103.90	1034.70	1121.40	1018.60	0.621 times
20 Fri Sep 2024	1022.70	999.90	1069.00	972.60	2.841 times
13 Fri Sep 2024	982.00	1008.00	1012.00	948.35	0.512 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 Sudarshan Chemical (SUDARSCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1013.70	1121.00	1131.90	972.25	0.179 times
30 Mon Sep 2024	1117.75	1035.00	1149.00	948.35	0.889 times
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

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 Sudarshan Chemical (SUDARSCHEM)

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 neutral. A longer time frame might give a better analysis.

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 SELL. 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.

Sudarshan Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sudarshan Chemical in short term but BUY signal is weak.

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 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 1071.71 and Sudarshan Chemical (SUDARSCHEM) 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 Sudarshan Chemical (SUDARSCHEM) stock. Volume based technical analysis of Sudarshan Chemical (SUDARSCHEM) stock is negative.

Sudarshan Chemical Stock has given negative 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.