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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 2024-10-07 View latest technical analysis

10 day averaged volume of Magadh Sugar is 136152

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	829.65	876.00	890.20	825.00	0.308 times
04 Fri Oct 2024	869.95	926.50	926.90	860.00	0.539 times
03 Thu Oct 2024	921.90	905.65	935.00	890.85	0.352 times
01 Tue Oct 2024	912.45	915.10	923.00	900.65	0.561 times
30 Mon Sep 2024	912.20	940.50	966.25	897.00	0.824 times
27 Fri Sep 2024	940.90	940.00	1010.00	931.00	2.805 times
26 Thu Sep 2024	920.70	942.05	956.00	915.15	0.176 times
25 Wed Sep 2024	942.05	944.50	998.50	934.00	0.91 times
24 Tue Sep 2024	940.50	950.00	961.95	927.30	0.282 times
23 Mon Sep 2024	950.25	963.00	972.00	930.30	1.034 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 848.3, but if it comes above 848.3, then a intra day buy could be more profitable.
If you take a sell trade below 848.3, then use 848.3 as stoploss and 798.3 as target. However if you take a buy trade in stock , then use 848.3 as stoploss and 890 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	721.55
Downside Target	741.60
Downside Target	814.00
Upside Target	848.90
Upside Target	883.30
Upside Target	915.15
Upside Target	935.00
Upside Target	966.25
Upside Target	968.85
Upside Target	989.00
Upside Target	1010.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	806.37
Downside Intraday Target	783.08
Upside Intraday Target	871.57
Upside Intraday Target	913.48
Upside Intraday Target	848.28

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	829.65	876.00	890.20	825.00	0.136 times
04 Fri Oct 2024	869.95	940.50	966.25	860.00	0.437 times
27 Fri Sep 2024	940.90	963.00	1010.00	915.15	1.653 times
20 Fri Sep 2024	957.45	864.25	968.85	822.20	3.553 times
13 Fri Sep 2024	847.05	842.65	883.30	814.00	0.339 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 Mon Oct 2024	829.65	915.10	935.00	825.00	0.139 times
30 Mon Sep 2024	912.20	907.90	1010.00	814.00	0.771 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

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 to mid 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 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 926.55 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.