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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 2024-11-07 View latest technical analysis

10 day averaged volume of Sundaram Multi is 640383

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	2.83	2.82	2.88	2.77	1.436 times
06 Wed Nov 2024	2.75	2.75	2.80	2.72	0.538 times
05 Tue Nov 2024	2.72	2.70	2.76	2.68	0.795 times
04 Mon Nov 2024	2.68	2.77	2.77	2.66	0.714 times
01 Fri Nov 2024	2.72	2.73	2.74	2.65	0.577 times
31 Thu Oct 2024	2.65	2.74	2.74	2.63	0.865 times
30 Wed Oct 2024	2.68	2.65	2.75	2.62	0.804 times
29 Tue Oct 2024	2.62	2.51	2.65	2.51	1.311 times
28 Mon Oct 2024	2.53	2.60	2.62	2.53	1.319 times
25 Fri Oct 2024	2.59	2.69	2.73	2.56	1.315 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.8, but if it comes below 2.8, then a intra day sell could be more profitable.
If you take a sell trade below 2.8, then use 2.8 as stoploss and 2.73 as target. However if you take a buy trade in stock , then use 2.8 as stoploss and 3 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	2.85
Upside Target	2.88
Upside Target	2.98
Upside Target	3.00
Upside Target	3.25
Upside Target	3.45
Upside Target	3.75
Upside Target	3.95

Intraday share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Intraday Target	2.7
Downside Intraday Target	2.57
Upside Intraday Target	2.92
Upside Intraday Target	3.01
Downside Intraday Target	2.79

Weekly technical analysis of Sundaram Multi (SUNDARAM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	2.83	2.77	2.88	2.66	0.714 times
01 Fri Nov 2024	2.72	2.60	2.75	2.51	0.712 times
25 Fri Oct 2024	2.59	2.82	2.85	2.51	1.127 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

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
07 Thu Nov 2024	2.83	2.73	2.88	2.65	0.204 times
31 Thu Oct 2024	2.65	2.80	3.00	2.51	0.105 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

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 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 short to mid 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sundaram Multi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sundaram Multi in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 2.67 and Sundaram Multi (SUNDARAM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.