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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 2024-10-09 View latest technical analysis

10 day averaged volume of Sundaram Multi is 10706139

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	2.84	2.84	2.88	2.77	0.052 times
08 Tue Oct 2024	2.83	2.80	2.88	2.76	0.041 times
15 Mon Jul 2024	3.48	3.67	3.75	3.36	0.472 times
12 Fri Jul 2024	3.59	3.54	3.71	3.46	0.993 times
11 Thu Jul 2024	3.45	3.21	3.55	3.20	0.659 times
10 Wed Jul 2024	3.17	3.46	3.46	3.05	1.159 times
09 Tue Jul 2024	3.22	3.45	3.45	3.07	1.181 times
08 Mon Jul 2024	3.41	3.88	3.95	3.39	2.301 times
05 Fri Jul 2024	3.83	3.32	3.87	3.27	2.184 times
04 Thu Jul 2024	3.28	3.32	3.33	3.15	0.509 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, but if it comes above 3, then a intra day buy could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.7 as target. However if you take a buy trade in stock , then use 3 as stoploss and 3.23 as target.

Share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Target	2.50
Downside Target	2.65
Downside Target	2.75
Upside Target	2.88
Upside Target	2.98
Upside Target	3.25
Upside Target	3.45
Upside Target	3.70
Upside Target	3.75
Upside Target	3.87
Upside Target	3.95

Intraday share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Intraday Target	2.48
Downside Intraday Target	2.13
Upside Intraday Target	3.47
Upside Intraday Target	4.11
Upside Intraday Target	3.12

Weekly technical analysis of Sundaram Multi (SUNDARAM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	2.84	3.67	3.75	2.76	0.09 times
12 Fri Jul 2024	3.59	3.88	3.95	3.05	1.375 times
05 Fri Jul 2024	3.83	3.01	3.87	2.98	2.095 times
28 Fri Jun 2024	3.00	3.17	3.28	3.00	0.58 times
21 Fri Jun 2024	3.18	3.02	3.45	2.99	1.966 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
09 Wed Oct 2024	2.84	2.80	2.88	2.76	0.008 times
15 Mon Jul 2024	3.48	3.01	3.95	2.98	1.075 times
28 Fri Jun 2024	3.00	2.80	3.45	2.50	2.817 times
31 Fri May 2024	2.70	3.10	3.25	2.65	0.264 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 SELL. Signal strength is Weak and stock is gaining 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 moving up

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

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

Although the stock is in the BUY zone, but buying 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 3.47 and Sundaram Multi (SUNDARAM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.