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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 2024-06-04 View latest technical analysis

10 day averaged volume of Surana Solar is 217076

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	37.35	40.20	40.20	37.35	0.927 times
03 Mon Jun 2024	39.30	39.45	39.70	38.20	1.426 times
31 Fri May 2024	38.20	38.55	38.95	37.55	0.619 times
30 Thu May 2024	38.30	39.45	39.45	38.10	0.447 times
29 Wed May 2024	38.70	38.25	38.85	37.30	0.586 times
28 Tue May 2024	38.15	38.70	38.80	37.55	0.778 times
27 Mon May 2024	39.05	39.85	40.00	37.65	1.171 times
24 Fri May 2024	39.55	40.70	40.70	38.80	1.416 times
23 Thu May 2024	40.70	39.40	40.70	38.30	1.661 times
22 Wed May 2024	38.80	39.75	39.80	38.30	0.774 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.4, but if it comes above 37.4, then a intra day buy could be more profitable.
If you take a sell trade below 37.4, then use 37.4 as stoploss and 36.2 as target. However if you take a buy trade in stock , then use 37.4 as stoploss and 38.34 as target.

Share price targets for Surana Solar (SURANASOL_BE)

Target Type	Value
Downside Target	28.35
Downside Target	29.00
Downside Target	35.30
Downside Target	36.05
Downside Target	37.30
Upside Target	38.30
Upside Target	39.10
Upside Target	40.20
Upside Target	40.70
Upside Target	41.20
Upside Target	41.50
Upside Target	43.10
Upside Target	43.85

Intraday share price targets for Surana Solar (SURANASOL_BE)

Target Type	Value
Downside Intraday Target	36.4
Downside Intraday Target	35.45
Upside Intraday Target	39.25
Upside Intraday Target	41.15
Upside Intraday Target	38.3

Weekly technical analysis of Surana Solar (SURANASOL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	37.35	39.45	40.20	37.35	0.653 times
31 Fri May 2024	38.20	39.85	40.00	37.30	0.724 times
24 Fri May 2024	39.55	39.00	40.70	38.30	0.942 times
18 Sat May 2024	38.80	39.00	39.10	35.30	1.034 times
10 Fri May 2024	37.30	41.50	41.50	36.05	1.222 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
04 Tue Jun 2024	37.35	39.45	40.20	37.35	0.112 times
31 Fri May 2024	38.20	42.10	43.10	35.30	2.721 times
30 Tue Apr 2024	41.50	42.15	43.85	41.20	0.571 times
15 Fri Mar 2024	29.80	29.00	37.50	28.35	1.33 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 neutral. A longer time frame might give a better analysis.

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

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

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

Surana Solar 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 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 positive zone. This is a BUY 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 39.08 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 positive

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