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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 2024-04-29 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 15904

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	72.05	72.00	73.85	70.50	2.139 times
26 Fri Apr 2024	72.45	73.55	74.35	71.55	0.795 times
25 Thu Apr 2024	73.00	73.20	74.10	72.30	0.578 times
24 Wed Apr 2024	73.15	73.00	73.95	71.15	1.477 times
23 Tue Apr 2024	73.45	71.85	74.70	70.35	1.183 times
22 Mon Apr 2024	71.05	69.85	72.70	69.85	0.798 times
19 Fri Apr 2024	69.85	70.15	70.75	68.05	0.983 times
18 Thu Apr 2024	70.15	70.00	71.20	69.75	0.656 times
16 Tue Apr 2024	70.80	70.10	71.55	69.35	0.36 times
15 Mon Apr 2024	69.95	70.00	71.55	68.30	0.453 times

Stock of Suryalakshmi Cotton (SURYALAXMI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 73.4 or till 76.1. Use a stoploss of 71.22 and if this stock hits its stoploss, then it can fall down till 69.02

Share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Target	63.00
Downside Target	65.25
Downside Target	69.85
Upside Target	73.85
Upside Target	74.70
Upside Target	76.25
Upside Target	76.30
Upside Target	79.90
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	70.42
Downside Intraday Target	68.78
Upside Intraday Target	73.77
Upside Intraday Target	75.48
Upside Intraday Target	72.13

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	72.05	72.00	73.85	70.50	0.443 times
26 Fri Apr 2024	72.45	69.85	74.70	69.85	1.971 times
19 Fri Apr 2024	69.85	70.00	71.55	68.05	0.384 times
12 Fri Apr 2024	72.05	75.00	76.30	67.05	0.359 times
05 Fri Apr 2024	75.00	67.40	76.25	63.65	2.678 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
29 Mon Apr 2024	72.05	67.40	76.30	63.65	1.311 times
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

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 Suryalakshmi Cotton (SURYALAXMI)

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) based on a short 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.

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) 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 Suryalakshmi Cotton ( (SURYALAXMI) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Suryalakshmi Cotton stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Suryalakshmi Cotton in short term and the buy signal is strong.

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

Suryalakshmi Cotton Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 71.9 and Suryalakshmi Cotton (SURYALAXMI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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