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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 2024-10-21 View latest technical analysis

10 day averaged volume of Sundaram Multi is 1068191

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	2.73	2.82	2.85	2.72	0.636 times
18 Fri Oct 2024	2.80	2.87	2.88	2.75	1.057 times
17 Thu Oct 2024	2.83	2.90	2.93	2.79	0.873 times
16 Wed Oct 2024	2.90	2.92	2.94	2.90	0.32 times
15 Tue Oct 2024	2.92	2.95	2.99	2.90	0.362 times
14 Mon Oct 2024	2.92	2.95	3.00	2.88	1.029 times
11 Fri Oct 2024	2.86	2.91	2.91	2.84	0.305 times
10 Thu Oct 2024	2.85	2.83	2.90	2.82	0.383 times
09 Wed Oct 2024	2.84	2.84	2.88	2.77	0.521 times
08 Tue Oct 2024	2.83	2.80	2.88	2.76	0.414 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.8, but if it comes above 2.8, then a intra day buy could be more profitable.
If you take a sell trade below 2.8, then use 2.8 as stoploss and 2.4 as target. However if you take a buy trade in stock , then use 2.8 as stoploss and 3.13 as target.

Share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Target	2.50
Downside Target	2.65
Downside Target	2.72
Upside Target	2.85
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	2.68
Downside Intraday Target	2.64
Upside Intraday Target	2.81
Upside Intraday Target	2.9
Upside Intraday Target	2.77

Weekly technical analysis of Sundaram Multi (SUNDARAM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	2.73	2.82	2.85	2.72	0.175 times
18 Fri Oct 2024	2.80	2.95	3.00	2.75	0.573 times
11 Fri Oct 2024	2.86	3.67	3.75	2.76	0.101 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

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
21 Mon Oct 2024	2.73	2.80	3.00	2.72	0.052 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 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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sundaram Multi ( (SUNDARAM) ) based on a short to mid 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 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 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 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 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 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 2.84 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.