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

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

Uttam Sugar trades in NSE in Sugar sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Uttam Sugar is 129255

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	357.40	348.75	364.80	342.00	1.198 times
08 Mon Apr 2024	348.75	357.20	360.00	346.35	0.544 times
05 Fri Apr 2024	354.90	349.95	356.55	345.00	0.84 times
04 Thu Apr 2024	353.45	350.00	356.75	343.00	0.665 times
03 Wed Apr 2024	347.75	338.00	351.70	336.25	1.043 times
02 Tue Apr 2024	338.00	333.20	342.50	332.55	0.582 times
01 Mon Apr 2024	332.85	315.00	335.40	312.35	1.072 times
28 Thu Mar 2024	312.05	320.55	323.20	310.05	1.052 times
27 Wed Mar 2024	315.80	320.00	326.85	313.00	1.799 times
26 Tue Mar 2024	318.50	336.95	338.75	314.60	1.728 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 352.5, but if it comes below 352.5, then a intra day sell could be more profitable.
If you take a sell trade below 352.5, then use 352.5 as stoploss and 337.57 as target. However if you take a buy trade in stock , then use 352.5 as stoploss and 370.5 as target.

Share price targets for Uttam Sugar (UTTAMSUGAR)

Target Type	Value
Downside Target	310.05
Downside Target	327.00
Downside Target	338.75
Downside Target	356.75
Upside Target	364.80
Upside Target	381.65
Upside Target	383.75
Upside Target	385.95
Upside Target	407.70
Upside Target	417.00
Upside Target	513.65

Intraday share price targets for Uttam Sugar (UTTAMSUGAR)

Target Type	Value
Downside Intraday Target	344.67
Downside Intraday Target	331.93
Upside Intraday Target	367.47
Upside Intraday Target	377.53
Downside Intraday Target	354.73

Weekly technical analysis of Uttam Sugar (UTTAMSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	357.40	357.20	364.80	342.00	0.415 times
05 Fri Apr 2024	354.90	315.00	356.75	312.35	0.918 times
28 Thu Mar 2024	312.05	336.95	338.75	310.05	1.223 times
22 Fri Mar 2024	336.00	339.75	344.50	313.55	0.592 times
15 Fri Mar 2024	339.75	376.20	381.65	327.00	0.741 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 Uttam Sugar (UTTAMSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	357.40	315.00	364.80	312.35	0.247 times
28 Thu Mar 2024	312.05	347.15	383.75	310.05	0.669 times
29 Thu Feb 2024	343.20	380.90	407.70	339.00	1.044 times
31 Wed Jan 2024	365.70	406.00	417.00	344.40	0.458 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 Uttam Sugar (UTTAMSUGAR)

Price action analysis of Uttam Sugar ( (UTTAMSUGAR) ) 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 Uttam Sugar ( (UTTAMSUGAR) ) 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 Uttam Sugar ( (UTTAMSUGAR) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Uttam Sugar stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Uttam Sugar in short term but the buy signal is initial and weak.

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

Uttam Sugar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Uttam Sugar in short term and BUY signal is strong.

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 Uttam 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 333.94 and Uttam Sugar (UTTAMSUGAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Uttam Sugar (UTTAMSUGAR) stock. Volume based technical analysis of Uttam Sugar (UTTAMSUGAR) stock is negative.

Uttam Sugar 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.