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(UGARSUGAR) Ugar Sugar complete technical analysis [charts+indicators] | Buy/Sell Ugar Sugar | (UGARSUGAR) share price targets

Complete technical analysis of Ugar Sugar (UGARSUGAR) by charts plus indicators, forecast predictions and share price targets for Ugar Sugar (UGARSUGAR)

Ugar Sugar trades in NSE in Sugar sector.

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Ugar Sugar is 319600

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	69.95	69.35	70.70	69.35	1.13 times
20 Wed Mar 2024	69.00	69.00	70.30	68.30	0.667 times
19 Tue Mar 2024	68.40	70.50	71.15	67.75	0.848 times
18 Mon Mar 2024	70.65	71.50	72.80	70.15	0.694 times
15 Fri Mar 2024	71.05	71.00	72.85	69.75	1.197 times
14 Thu Mar 2024	71.00	67.85	71.40	67.20	1.205 times
13 Wed Mar 2024	67.85	72.25	74.15	64.05	1.604 times
12 Tue Mar 2024	72.05	76.45	77.10	71.55	1.562 times
11 Mon Mar 2024	76.30	78.45	80.00	75.90	0.71 times
07 Thu Mar 2024	78.05	77.85	78.85	77.65	0.595 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70.8, but if it comes above 70.8, then a intra day buy could be more profitable.
If you take a sell trade below 70.8, then use 70.8 as stoploss and 64.6 as target. However if you take a buy trade in stock , then use 70.8 as stoploss and 76 as target.

Share price targets for Ugar Sugar (UGARSUGAR)

Target Type	Value
Downside Target	64.05
Downside Target	67.75
Upside Target	72.80
Upside Target	76.00
Upside Target	79.15
Upside Target	82.00
Upside Target	83.45
Upside Target	85.00
Upside Target	86.90
Upside Target	88.70
Upside Target	91.20
Upside Target	99.40
Upside Target	101.90

Intraday share price targets for Ugar Sugar (UGARSUGAR)

Target Type	Value
Downside Intraday Target	67.53
Downside Intraday Target	65.12
Upside Intraday Target	72.58
Upside Intraday Target	75.22
Upside Intraday Target	70.17

Weekly technical analysis of Ugar Sugar (UGARSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	69.95	71.50	72.80	67.75	0.532 times
15 Fri Mar 2024	71.05	78.45	80.00	64.05	1.852 times
07 Thu Mar 2024	78.05	81.70	82.00	76.55	0.743 times
02 Sat Mar 2024	81.80	83.75	85.00	79.15	0.524 times
23 Fri Feb 2024	83.25	87.85	88.70	82.40	1.192 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 Ugar Sugar (UGARSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	69.95	80.95	82.25	64.05	0.261 times
29 Thu Feb 2024	80.30	80.80	99.40	79.15	2.481 times
31 Wed Jan 2024	80.35	81.55	83.45	76.00	0.51 times
29 Fri Dec 2023	81.90	90.90	91.20	77.55	1.536 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 Ugar Sugar (UGARSUGAR)

Price action analysis of Ugar Sugar ( (UGARSUGAR) ) based on a short 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar ( (UGARSUGAR) ) 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 Ugar Sugar stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ugar Sugar 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.

Ugar Sugar 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. 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 Ugar Sugar 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 Ugar Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.96 and Ugar Sugar (UGARSUGAR) 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 Ugar Sugar (UGARSUGAR) stock. Volume based technical analysis of Ugar Sugar (UGARSUGAR) stock is negative.

Ugar Sugar 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.