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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 2024-04-01 View latest technical analysis

10 day averaged volume of Sundaram Multi is 3272242

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2.85	2.85	2.95	2.75	1.49 times
28 Thu Mar 2024	2.80	2.80	2.85	2.80	0.509 times
27 Wed Mar 2024	2.80	2.80	2.90	2.75	1.027 times
26 Tue Mar 2024	2.80	2.90	2.90	2.75	0.672 times
22 Fri Mar 2024	2.85	2.90	2.90	2.80	1.014 times
21 Thu Mar 2024	2.85	2.90	3.00	2.85	0.667 times
20 Wed Mar 2024	2.80	2.80	2.85	2.75	0.479 times
19 Tue Mar 2024	2.80	2.90	2.90	2.80	0.721 times
18 Mon Mar 2024	2.85	3.05	3.05	2.85	1.701 times
15 Fri Mar 2024	3.05	2.95	3.15	2.90	1.532 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.8 as stoploss in an intra day buy trade for a target of 2.93. However, stock will show a bearish move below 2.8.

Share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Target	2.05
Downside Target	2.50
Downside Target	2.60
Downside Target	2.75
Upside Target	2.95
Upside Target	3.05
Upside Target	3.20
Upside Target	3.35
Upside Target	3.70
Upside Target	4.20

Intraday share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Intraday Target	2.75
Downside Intraday Target	2.65
Upside Intraday Target	2.95
Upside Intraday Target	3.05
Downside Intraday Target	2.85

Weekly technical analysis of Sundaram Multi (SUNDARAM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2.85	2.85	2.95	2.75	0.675 times
28 Thu Mar 2024	2.80	2.90	2.90	2.75	0.482 times
22 Fri Mar 2024	2.85	3.05	3.05	2.75	0.383 times
15 Fri Mar 2024	3.05	3.15	3.35	2.85	1.573 times
07 Thu Mar 2024	3.05	3.15	3.20	2.60	0.358 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 Sundaram Multi (SUNDARAM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2.85	2.85	2.95	2.75	0.048 times
28 Thu Mar 2024	2.80	3.25	3.35	2.60	0.396 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

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 Sundaram Multi (SUNDARAM)

Price action analysis of Sundaram Multi ( (SUNDARAM) ) 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 Sundaram Multi ( (SUNDARAM) ) based on a short 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.

Price action analysis of Sundaram Multi ( (SUNDARAM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

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

Sundaram Multi 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 moving up

CCI has generated a buy signal for Sundaram Multi in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sundaram Multi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.86 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 negative.

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