Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Magadh Sugar is 10637

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	613.30	609.35	617.90	607.75	0.386 times
06 Wed Mar 2024	609.35	605.50	622.50	605.50	0.551 times
05 Tue Mar 2024	618.25	629.80	629.80	613.10	0.646 times
04 Mon Mar 2024	629.55	626.85	654.60	618.35	2.972 times
02 Sat Mar 2024	626.65	620.00	633.00	606.65	0.076 times
01 Fri Mar 2024	617.75	625.95	629.75	615.10	0.561 times
29 Thu Feb 2024	624.35	606.75	630.00	602.35	1.095 times
28 Wed Feb 2024	605.60	623.40	628.45	604.00	1.786 times
27 Tue Feb 2024	623.40	631.20	635.50	620.95	0.79 times
26 Mon Feb 2024	632.00	646.00	646.55	630.00	0.605 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 618, but if it comes above 618, then a intra day buy could be more profitable.
If you take a sell trade below 618, then use 618 as stoploss and 601.8 as target. However if you take a buy trade in stock , then use 618 as stoploss and 631.59 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	594.00
Upside Target	646.55
Upside Target	654.60
Upside Target	680.15
Upside Target	696.00
Upside Target	701.60
Upside Target	707.00
Upside Target	708.70
Upside Target	810.00
Upside Target	865.65

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	594.33
Downside Intraday Target	575.37
Upside Intraday Target	643.43
Upside Intraday Target	673.57
Upside Intraday Target	624.47

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	613.30	626.85	654.60	605.50	0.927 times
02 Sat Mar 2024	626.65	646.00	646.55	602.35	0.457 times
23 Fri Feb 2024	641.55	645.40	680.15	633.00	0.457 times
16 Fri Feb 2024	643.95	651.60	701.60	616.00	1.185 times
09 Fri Feb 2024	643.55	626.00	696.00	613.50	2.734 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 Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	613.30	625.95	654.60	605.50	0.084 times
29 Thu Feb 2024	624.35	638.05	701.60	602.35	1.919 times
31 Wed Jan 2024	635.80	687.75	707.00	594.00	0.229 times
29 Fri Dec 2023	681.70	799.95	810.00	622.00	1.389 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 Magadh Sugar (MAGADSUGAR)

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Magadh Sugar in short term and the sell signal is strong.

Magadh Sugar 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magadh 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 Magadh 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 620.74 and Magadh Sugar (MAGADSUGAR) 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 Magadh Sugar (MAGADSUGAR) stock. Volume based technical analysis of Magadh Sugar (MAGADSUGAR) stock is negative.

Magadh 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.