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(SUNDARAM) Sundaram Multi complete technical analysis [charts+indicators] | Buy/Sell Sundaram Multi | (SUNDARAM) share price targets

Complete technical analysis of Sundaram Multi (SUNDARAM) by charts plus indicators, forecast predictions and share price targets for Sundaram Multi (SUNDARAM)

Sundaram Multi trades in NSE in Comm.Printing sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Sundaram Multi is 23907178

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	3.05	3.15	3.20	3.05	0.157 times
02 Sat Mar 2024	3.10	3.30	3.30	3.10	0.132 times
01 Fri Mar 2024	3.25	3.25	3.35	3.10	0.468 times
29 Thu Feb 2024	3.15	3.40	3.45	3.05	0.539 times
28 Wed Feb 2024	3.35	3.55	3.60	3.30	0.449 times
27 Tue Feb 2024	3.50	3.45	3.60	3.30	0.544 times
26 Mon Feb 2024	3.45	3.70	3.80	3.30	0.775 times
23 Fri Feb 2024	3.65	3.60	4.20	3.45	5.164 times
22 Thu Feb 2024	3.55	3.15	3.60	2.95	1.66 times
21 Wed Feb 2024	3.10	3.20	3.25	3.05	0.127 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.1, but if it comes above 3.1, then a intra day buy could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 2.9 as target. However if you take a buy trade in stock , then use 3.1 as stoploss and 3.29 as target.

Share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Target	2.05
Downside Target	2.30
Downside Target	2.50
Downside Target	2.80
Downside Target	2.95
Downside Target	3.05
Upside Target	3.20
Upside Target	3.35
Upside Target	3.50
Upside Target	3.70
Upside Target	3.80
Upside Target	4.20

Intraday share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Intraday Target	3
Downside Intraday Target	2.95
Upside Intraday Target	3.15
Upside Intraday Target	3.25
Upside Intraday Target	3.1

Weekly technical analysis of Sundaram Multi (SUNDARAM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	3.05	3.15	3.20	3.05	0.054 times
02 Sat Mar 2024	3.10	3.70	3.80	3.05	0.402 times
23 Fri Feb 2024	3.65	3.15	4.20	2.95	6.711 times
16 Fri Feb 2024	3.15	3.50	3.50	3.10	1.439 times
22 Fri Sep 2023	3.40	3.25	3.70	3.25	1.327 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 Sundaram Multi (SUNDARAM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	3.05	3.25	3.35	3.05	0.071 times
29 Thu Feb 2024	3.15	3.50	4.20	2.95	5.277 times
22 Fri Sep 2023	3.40	2.60	3.70	2.50	1.634 times
31 Thu Aug 2023	2.60	2.15	2.80	2.05	1.948 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 Sundaram Multi (SUNDARAM)

Price action analysis of Sundaram Multi ( (SUNDARAM) ) 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 Sundaram Multi ( (SUNDARAM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sundaram Multi ( (SUNDARAM) ) 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 Sundaram Multi stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sundaram Multi in short term but the sell signal is initial and weak.

Sundaram Multi 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 coming down

CCI has generated a SELL signal for Sundaram Multi in short term and SELL 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 Sundaram Multi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.53 and Sundaram Multi (SUNDARAM) 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 Sundaram Multi (SUNDARAM) stock. Volume based technical analysis of Sundaram Multi (SUNDARAM) stock is negative.

Sundaram Multi 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.