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(DOLATALGO) Dolat Algotech complete technical analysis [charts+indicators] | Buy/Sell Dolat Algotech | (DOLATALGO) share price targets

Complete technical analysis of Dolat Algotech (DOLATALGO) by charts plus indicators, forecast predictions and share price targets for Dolat Algotech (DOLATALGO)

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Dolat Algotech is 3563549

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	129.70	135.20	137.70	128.40	0.831 times
06 Mon May 2024	134.35	118.85	136.60	113.05	2.191 times
03 Fri May 2024	116.20	119.30	120.80	113.95	0.311 times
02 Thu May 2024	119.20	124.00	124.90	118.00	0.359 times
30 Tue Apr 2024	122.70	120.85	125.00	117.00	0.954 times
29 Mon Apr 2024	119.65	116.00	122.45	113.20	1.395 times
26 Fri Apr 2024	111.10	103.00	118.70	103.00	3.042 times
25 Thu Apr 2024	101.85	104.00	106.40	101.00	0.205 times
24 Wed Apr 2024	104.20	102.85	107.55	98.60	0.461 times
23 Tue Apr 2024	102.70	101.45	104.85	100.10	0.44 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 118.9, but if it comes below 118.9, then a intra day sell could be more profitable.
If you take a sell trade below 118.9, then use 118.9 as stoploss and 103.5 as target. However if you take a buy trade in stock , then use 118.9 as stoploss and 137.3 as target.

Share price targets for Dolat Algotech (DOLATALGO)

Target Type	Value
Downside Target	59.25
Downside Target	62.20
Downside Target	69.00
Downside Target	77.15
Downside Target	80.60
Downside Target	83.15
Downside Target	88.65
Downside Target	93.40
Downside Target	95.70
Downside Target	100.00
Downside Target	113.05
Downside Target	118.70
Downside Target	125.00
Upside Target	137.70

Intraday share price targets for Dolat Algotech (DOLATALGO)

Target Type	Value
Downside Intraday Target	115.93
Downside Intraday Target	102.17
Upside Intraday Target	140.58
Upside Intraday Target	151.47
Downside Intraday Target	126.82

Weekly technical analysis of Dolat Algotech (DOLATALGO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	129.70	118.85	137.70	113.05	1.001 times
03 Fri May 2024	116.20	116.00	125.00	113.20	0.63 times
26 Fri Apr 2024	111.10	96.00	118.70	95.70	1.623 times
19 Fri Apr 2024	94.30	86.75	100.00	83.15	0.756 times
12 Fri Apr 2024	90.00	77.75	97.35	77.15	8.23 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 Dolat Algotech (DOLATALGO)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	129.70	124.00	137.70	113.05	0.255 times
30 Tue Apr 2024	122.70	69.00	125.00	69.00	6.77 times
28 Thu Mar 2024	68.25	70.15	80.60	59.25	0.402 times
29 Thu Feb 2024	70.70	90.70	93.40	69.55	0.705 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 Dolat Algotech (DOLATALGO)

Price action analysis of Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Dolat Algotech 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.

Dolat Algotech 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Dolat Algotech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Dolat Algotech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 119.45 and Dolat Algotech (DOLATALGO) 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 Dolat Algotech (DOLATALGO) stock. Volume based technical analysis of Dolat Algotech (DOLATALGO) stock is negative.

Dolat Algotech Stock is giving positive 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.