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(KOTARISUG) Kothari Sugars complete technical analysis [charts+indicators] | Buy/Sell Kothari Sugars | (KOTARISUG) share price targets

Complete technical analysis of Kothari Sugars (KOTARISUG) by charts plus indicators, forecast predictions and share price targets for Kothari Sugars (KOTARISUG)

Showing technical analysis as on 2024-05-21 View latest technical analysis

10 day averaged volume of Kothari Sugars is 349576

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	57.50	58.45	58.45	57.00	0.551 times
18 Sat May 2024	58.55	58.00	59.30	57.65	0.213 times
17 Fri May 2024	58.00	58.85	60.45	56.50	1.685 times
16 Thu May 2024	58.45	58.00	59.40	58.00	0.277 times
15 Wed May 2024	58.40	59.00	60.30	58.00	0.38 times
14 Tue May 2024	58.60	57.35	59.00	57.35	0.356 times
13 Mon May 2024	56.95	58.75	58.90	55.70	0.592 times
10 Fri May 2024	58.65	58.40	59.10	57.65	0.399 times
09 Thu May 2024	57.65	61.80	62.50	56.50	0.75 times
08 Wed May 2024	61.20	62.50	63.85	60.50	1.763 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.9, but if it comes above 57.9, then a intra day buy could be more profitable.
If you take a sell trade below 57.9, then use 57.9 as stoploss and 56.4 as target. However if you take a buy trade in stock , then use 57.9 as stoploss and 59.1 as target.

Share price targets for Kothari Sugars (KOTARISUG)

Target Type	Value
Downside Target	47.85
Downside Target	50.60
Downside Target	51.75
Downside Target	55.70
Upside Target	58.40
Upside Target	60.45
Upside Target	61.85
Upside Target	61.90
Upside Target	62.75
Upside Target	63.90
Upside Target	71.70

Intraday share price targets for Kothari Sugars (KOTARISUG)

Target Type	Value
Downside Intraday Target	56.85
Downside Intraday Target	56.2
Upside Intraday Target	58.3
Upside Intraday Target	59.1
Upside Intraday Target	57.65

Weekly technical analysis of Kothari Sugars (KOTARISUG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	57.50	58.45	58.45	57.00	0.157 times
18 Sat May 2024	58.55	58.75	60.45	55.70	0.506 times
10 Fri May 2024	58.65	59.80	63.90	56.30	2.753 times
03 Fri May 2024	59.55	60.05	62.75	58.45	0.656 times
26 Fri Apr 2024	59.75	56.80	61.90	56.80	1.499 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 Kothari Sugars (KOTARISUG)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue May 2024	57.50	60.55	63.90	55.70	0.789 times
30 Tue Apr 2024	60.15	51.75	62.75	51.75	1.067 times
28 Thu Mar 2024	51.45	58.30	61.85	47.85	0.271 times
29 Thu Feb 2024	59.00	59.30	71.70	56.20	2.486 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 Kothari Sugars (KOTARISUG)

Price action analysis of Kothari Sugars ( (KOTARISUG) ) 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 Kothari Sugars ( (KOTARISUG) ) 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 Kothari Sugars ( (KOTARISUG) ) 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 Kothari Sugars ( (KOTARISUG) ) 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 Kothari Sugars stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Kothari Sugars in short term but the sell signal is initial and weak.

Kothari Sugars 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Kothari Sugars in short term and SELL 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 Kothari Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.77 and Kothari Sugars (KOTARISUG) 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 Kothari Sugars (KOTARISUG) stock. Volume based technical analysis of Kothari Sugars (KOTARISUG) stock is negative.

Kothari Sugars 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.