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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 2024-03-28 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 22195

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	65.35	66.05	67.95	63.90	0.992 times
27 Wed Mar 2024	64.70	65.05	66.65	64.50	2.286 times
26 Tue Mar 2024	65.50	68.15	68.15	64.05	1.474 times
22 Fri Mar 2024	68.10	66.50	69.65	66.50	0.4 times
21 Thu Mar 2024	66.45	69.00	69.25	65.35	0.367 times
20 Wed Mar 2024	67.30	67.40	67.95	65.55	0.861 times
19 Tue Mar 2024	65.40	66.90	68.30	65.00	0.434 times
18 Mon Mar 2024	66.85	64.75	68.30	64.75	1.648 times
15 Fri Mar 2024	64.75	67.75	67.90	64.25	0.432 times
14 Thu Mar 2024	65.95	64.60	67.40	63.10	0.714 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 64.7 as stoploss in an intra day buy trade for a target of 69.77. However, stock will show a bearish move below 64.7.

Share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Target	60.25
Downside Target	63.00
Upside Target	68.15
Upside Target	69.65
Upside Target	72.20
Upside Target	78.50
Upside Target	79.90
Upside Target	81.85
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	63.45
Downside Intraday Target	61.55
Upside Intraday Target	67.7
Upside Intraday Target	70.05
Upside Intraday Target	65.8

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	65.35	68.15	68.15	63.90	1.281 times
22 Fri Mar 2024	68.10	64.75	69.65	64.75	0.702 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

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 Suryalakshmi Cotton (SURYALAXMI)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	65.35	76.05	79.90	63.00	0.36 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.

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

Suryalakshmi Cotton 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 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 and selling is picking up 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 Suryalakshmi Cotton is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.83 and Suryalakshmi Cotton (SURYALAXMI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.