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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 2024-10-25 View latest technical analysis

10 day averaged volume of Magadh Sugar is 19283

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	701.85	729.55	735.65	693.75	0.87 times
24 Thu Oct 2024	730.70	749.55	776.90	726.65	0.818 times
23 Wed Oct 2024	749.55	740.60	764.75	726.65	0.973 times
22 Tue Oct 2024	736.35	790.00	793.95	725.05	1.889 times
21 Mon Oct 2024	789.90	823.90	823.90	780.00	0.886 times
18 Fri Oct 2024	818.80	828.20	830.10	803.70	0.58 times
17 Thu Oct 2024	826.15	828.00	840.40	820.00	1.486 times
16 Wed Oct 2024	834.35	854.55	859.00	831.80	1.062 times
15 Tue Oct 2024	854.55	856.90	867.75	842.20	0.664 times
14 Mon Oct 2024	852.60	873.00	876.65	850.00	0.939 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 693.7, for a target of 773.8 or 840.5

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	693.75
Upside Target	721.55
Upside Target	741.60
Upside Target	803.70
Upside Target	848.90
Upside Target	899.00
Upside Target	915.15
Upside Target	935.00
Upside Target	966.25
Upside Target	989.00
Upside Target	1010.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	655.77
Downside Intraday Target	609.68
Upside Intraday Target	785.92
Upside Intraday Target	869.98
Upside Intraday Target	739.83

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	701.85	823.90	823.90	693.75	1.149 times
18 Fri Oct 2024	818.80	873.00	876.65	803.70	0.756 times
11 Fri Oct 2024	873.70	876.00	899.00	825.00	0.389 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

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
25 Fri Oct 2024	701.85	915.10	935.00	693.75	0.298 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Magadh Sugar stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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

Stock of Magadh Sugar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 785.4 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.