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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 2024-10-22 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 1030904

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	961.15	1021.00	1024.45	952.00	0.41 times
21 Mon Oct 2024	1011.80	1034.50	1048.45	1005.00	0.194 times
18 Fri Oct 2024	1037.25	1065.00	1072.15	1033.00	0.279 times
17 Thu Oct 2024	1071.80	1108.50	1122.00	1058.00	0.451 times
16 Wed Oct 2024	1103.85	1094.00	1139.80	1090.05	1.176 times
15 Tue Oct 2024	1076.10	1118.00	1137.25	1060.00	1.055 times
14 Mon Oct 2024	1109.80	1171.70	1234.45	1095.10	3.051 times
11 Fri Oct 2024	1201.10	1010.00	1217.50	996.55	3.254 times
10 Thu Oct 2024	1014.60	1048.35	1057.60	1006.20	0.088 times
09 Wed Oct 2024	1039.40	1017.30	1062.00	1017.30	0.151 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 945, for a target of 1009.1 or 1062.51

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
Upside Target	1018.60
Upside Target	1082.00
Upside Target	1121.40
Upside Target	1149.00
Upside Target	1217.50
Upside Target	1234.45

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	925.95
Downside Intraday Target	890.75
Upside Intraday Target	1022.4
Upside Intraday Target	1083.65
Upside Intraday Target	987.2

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	961.15	1034.50	1048.45	952.00	0.1 times
18 Fri Oct 2024	1037.25	1171.70	1234.45	1033.00	1.497 times
11 Fri Oct 2024	1201.10	1040.50	1217.50	972.25	3.085 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

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
22 Tue Oct 2024	961.15	1121.00	1234.45	952.00	1.767 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, and volume has increased substantially. This means that the move can 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 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 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sudarshan Chemical 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 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 1121.49 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.