Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-25 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 1064432

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	942.60	980.95	992.95	930.10	0.193 times
24 Thu Oct 2024	978.10	976.40	1009.95	967.40	0.236 times
23 Wed Oct 2024	967.35	961.15	988.80	943.50	0.204 times
22 Tue Oct 2024	961.15	1021.00	1024.45	952.00	0.397 times
21 Mon Oct 2024	1011.80	1034.50	1048.45	1005.00	0.188 times
18 Fri Oct 2024	1037.25	1065.00	1072.15	1033.00	0.271 times
17 Thu Oct 2024	1071.80	1108.50	1122.00	1058.00	0.437 times
16 Wed Oct 2024	1103.85	1094.00	1139.80	1090.05	1.139 times
15 Tue Oct 2024	1076.10	1118.00	1137.25	1060.00	1.022 times
14 Mon Oct 2024	1109.80	1171.70	1234.45	1095.10	2.955 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 983.8, but if it comes above 983.8, then a intra day buy could be more profitable.
If you take a sell trade below 983.8, then use 983.8 as stoploss and 906.4 as target. However if you take a buy trade in stock , then use 983.8 as stoploss and 1048.31 as target.

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	680.00
Downside Target	852.30
Downside Target	873.75
Downside Target	930.10
Upside Target	969.90
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	898.98
Downside Intraday Target	855.37
Upside Intraday Target	1017.33
Upside Intraday Target	1092.07
Upside Intraday Target	973.72

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	942.60	1034.50	1048.45	930.10	0.209 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
25 Fri Oct 2024	942.60	1121.00	1234.45	930.10	1.87 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.

Sudarshan Chemical 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 Sudarshan Chemical in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1074.68 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.