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(SURANASOL_BE) Surana Solar complete technical analysis [charts+indicators] | Buy/Sell Surana Solar | (SURANASOL_BE) share price targets

Complete technical analysis of Surana Solar (SURANASOL_BE) by charts plus indicators, forecast predictions and share price targets for Surana Solar (SURANASOL_BE)

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Surana Solar is 74379

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	29.00	29.60	29.60	29.00	0.619 times
28 Wed Feb 2024	29.60	30.20	30.20	29.60	0.548 times
27 Tue Feb 2024	30.20	30.50	30.50	30.20	0.462 times
26 Mon Feb 2024	30.50	30.55	30.55	30.50	0.765 times
23 Fri Feb 2024	30.55	30.85	30.85	30.55	1.124 times
22 Thu Feb 2024	31.00	31.40	31.40	31.00	0.698 times
21 Wed Feb 2024	31.40	32.00	32.00	31.40	0.843 times
20 Tue Feb 2024	32.00	32.10	32.10	32.00	1.127 times
19 Mon Feb 2024	32.10	32.15	32.15	32.10	1.718 times
16 Fri Feb 2024	32.15	32.30	32.30	32.15	1.18 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.4, but if it comes above 30.4, then a intra day buy could be more profitable.
If you take a sell trade below 30.4, then use 30.4 as stoploss and 26.9 as target. However if you take a buy trade in stock , then use 30.4 as stoploss and 33.31 as target.

Share price targets for Surana Solar (SURANASOL_BE)

Target Type	Value
Downside Target	21.25
Downside Target	22.50
Downside Target	24.35
Downside Target	25.10
Downside Target	29.00
Upside Target	30.55
Upside Target	31.20
Upside Target	32.15
Upside Target	34.65
Upside Target	35.35
Upside Target	38.25
Upside Target	39.00
Upside Target	39.80
Upside Target	42.25
Upside Target	43.95

Intraday share price targets for Surana Solar (SURANASOL_BE)

Target Type	Value
Downside Intraday Target	28.48
Downside Intraday Target	27.97
Upside Intraday Target	30.03
Upside Intraday Target	31.07
Upside Intraday Target	29.52

Weekly technical analysis of Surana Solar (SURANASOL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	29.00	30.55	30.55	29.00	0.434 times
23 Fri Feb 2024	30.55	32.15	32.15	30.55	0.957 times
16 Fri Feb 2024	32.15	34.65	34.65	32.15	0.673 times
09 Fri Feb 2024	35.35	38.25	38.25	35.35	0.69 times
02 Fri Feb 2024	39.00	42.25	42.25	39.00	0.349 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 Surana Solar (SURANASOL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	29.00	39.80	39.80	29.00	0.36 times
31 Wed Jan 2024	40.60	34.00	43.95	32.50	3.927 times
29 Fri Dec 2023	33.30	35.70	35.70	31.20	2.086 times
27 Fri Oct 2023	22.85	23.65	24.35	21.25	0.674 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 Surana Solar (SURANASOL_BE)

Price action analysis of Surana Solar ( (SURANASOL_BE) ) 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 Surana Solar ( (SURANASOL_BE) ) based on a short to mid 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 Surana Solar ( (SURANASOL_BE) ) based on a mid to longer 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.

ADX buy sell signal for Surana Solar stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Surana Solar in short term and the sell signal is strong.

Surana Solar 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 coming down

CCI has generated a SELL signal for Surana Solar in short term and SELL 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

Stock of Surana Solar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.16 and Surana Solar (SURANASOL_BE) 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 Surana Solar (SURANASOL_BE) stock. Volume based technical analysis of Surana Solar (SURANASOL_BE) stock is negative.

Surana Solar 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.