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(SURYALAXMI) Suryalakshmi Cotton complete technical analysis [charts+indicators] | Buy/Sell Suryalakshmi Cotton | (SURYALAXMI) share price targets

Complete technical analysis of Suryalakshmi Cotton (SURYALAXMI) by charts plus indicators, forecast predictions and share price targets for Suryalakshmi Cotton (SURYALAXMI)

Suryalakshmi Cotton trades in NSE in Textiles sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 18633

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	66.85	64.75	68.30	64.75	1.964 times
15 Fri Mar 2024	64.75	67.75	67.90	64.25	0.515 times
14 Thu Mar 2024	65.95	64.60	67.40	63.10	0.85 times
13 Wed Mar 2024	64.20	67.40	70.45	63.00	1.648 times
12 Tue Mar 2024	67.25	71.00	71.00	66.55	1.063 times
11 Mon Mar 2024	69.35	72.45	74.40	68.65	2.219 times
07 Thu Mar 2024	74.80	75.00	75.55	73.50	0.374 times
06 Wed Mar 2024	73.15	78.70	78.70	72.20	1.159 times
05 Tue Mar 2024	76.85	79.35	79.90	75.50	0.954 times
04 Mon Mar 2024	78.10	78.95	79.80	77.40	1.146 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.6, but if it comes above 68.6, then a intra day buy could be more profitable.
If you take a sell trade below 68.6, then use 68.6 as stoploss and 61.7 as target. However if you take a buy trade in stock , then use 68.6 as stoploss and 74.4 as target.

Share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Target	60.25
Downside Target	63.00
Downside Target	64.75
Upside Target	68.30
Upside Target	70.55
Upside Target	72.20
Upside Target	77.10
Upside Target	79.90
Upside Target	81.85
Upside Target	84.80
Upside Target	86.50
Upside Target	88.30
Upside Target	89.50

Intraday share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Intraday Target	64.97
Downside Intraday Target	63.08
Upside Intraday Target	68.52
Upside Intraday Target	70.18
Downside Intraday Target	66.63

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	66.85	64.75	68.30	64.75	0.312 times
15 Fri Mar 2024	64.75	72.45	74.40	63.00	1.733 times
07 Thu Mar 2024	74.80	78.95	79.90	72.20	0.474 times
02 Sat Mar 2024	76.55	81.75	81.85	73.60	0.557 times
23 Fri Feb 2024	81.25	80.00	84.80	77.10	1.433 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 Suryalakshmi Cotton (SURYALAXMI)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	66.85	76.05	79.90	63.00	0.226 times
29 Thu Feb 2024	76.70	83.50	88.30	66.00	0.8 times
31 Wed Jan 2024	82.45	75.70	86.50	70.55	0.704 times
29 Fri Dec 2023	75.40	73.05	89.50	65.25	1.643 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 Suryalakshmi Cotton (SURYALAXMI)

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) 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 Suryalakshmi Cotton ( (SURYALAXMI) ) 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 Suryalakshmi Cotton ( (SURYALAXMI) ) 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 Suryalakshmi Cotton stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Suryalakshmi Cotton in short term and the sell signal is strong.

Suryalakshmi Cotton 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 moving up

CCI has generated a buy signal for Suryalakshmi Cotton in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Suryalakshmi Cotton is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.58 and Suryalakshmi Cotton (SURYALAXMI) 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 Suryalakshmi Cotton (SURYALAXMI) stock. Volume based technical analysis of Suryalakshmi Cotton (SURYALAXMI) stock is negative.

Suryalakshmi Cotton 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.