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(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 2024-09-11 View latest technical analysis

10 day averaged volume of Magadh Sugar is 182622

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	840.90	860.20	883.30	838.00	0.103 times
10 Tue Sep 2024	863.35	867.00	876.80	857.00	0.101 times
09 Mon Sep 2024	862.40	842.65	880.00	814.00	0.274 times
06 Fri Sep 2024	838.80	868.95	875.60	832.70	0.193 times
05 Thu Sep 2024	864.60	899.95	908.35	861.00	0.226 times
04 Wed Sep 2024	895.40	895.05	918.00	888.50	0.235 times
03 Tue Sep 2024	904.70	906.30	922.00	900.05	0.684 times
02 Mon Sep 2024	915.45	907.90	929.95	880.05	0.611 times
30 Fri Aug 2024	903.85	913.00	989.00	891.05	5.905 times
29 Thu Aug 2024	873.20	879.10	897.40	842.95	0.819 times

My analysis of stock is bearish for shortterm, and stock might move down till 794.6 or till 736.5. Use a stoploss of 843 and if the stock hits stoploss, then it can shoot up till 891.42

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	615.50
Downside Target	721.55
Downside Target	783.00
Downside Target	800.55
Downside Target	832.70
Upside Target	854.90
Upside Target	883.30
Upside Target	894.00
Upside Target	929.95
Upside Target	989.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	808.83
Downside Intraday Target	776.77
Upside Intraday Target	878.13
Upside Intraday Target	915.37
Upside Intraday Target	846.07

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	840.90	842.65	883.30	814.00	0.246 times
06 Fri Sep 2024	838.80	907.90	929.95	832.70	0.245 times
30 Fri Aug 2024	903.85	847.70	989.00	800.55	2.704 times
23 Fri Aug 2024	847.70	752.30	894.00	744.05	4.832 times
16 Fri Aug 2024	741.25	736.90	783.00	730.00	1.499 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 Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	840.90	907.90	929.95	814.00	0.198 times
30 Fri Aug 2024	903.85	804.25	989.00	721.55	2.419 times
31 Wed Jul 2024	792.35	759.70	854.90	741.60	0.669 times
28 Fri Jun 2024	759.70	658.00	848.90	580.05	3.246 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 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 but the sell signal is initial and weak.

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

CCI has generated a SELL signal for Magadh Sugar in short term and SELL signal is strong!

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 896.98 and Magadh Sugar (MAGADSUGAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.