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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 2024-10-29 View latest technical analysis

10 day averaged volume of Magadh Sugar is 20367

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	713.30	703.50	718.15	695.10	0.807 times
28 Mon Oct 2024	701.45	701.85	718.60	683.90	1.262 times
25 Fri Oct 2024	701.85	729.55	735.65	693.75	0.824 times
24 Thu Oct 2024	730.70	749.55	776.90	726.65	0.775 times
23 Wed Oct 2024	749.55	740.60	764.75	726.65	0.921 times
22 Tue Oct 2024	736.35	790.00	793.95	725.05	1.789 times
21 Mon Oct 2024	789.90	823.90	823.90	780.00	0.839 times
18 Fri Oct 2024	818.80	828.20	830.10	803.70	0.549 times
17 Thu Oct 2024	826.15	828.00	840.40	820.00	1.407 times
16 Wed Oct 2024	834.35	854.55	859.00	831.80	1.006 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 748, but if it comes above 748, then a intra day buy could be more profitable.
If you take a sell trade below 748, then use 748 as stoploss and 663.2 as target. However if you take a buy trade in stock , then use 748 as stoploss and 818.59 as target.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	683.90
Upside Target	718.60
Upside Target	741.60
Upside Target	803.70
Upside Target	848.90
Upside Target	860.00
Upside Target	876.65
Upside Target	899.00
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	691.93
Downside Intraday Target	670.57
Upside Intraday Target	726.63
Upside Intraday Target	739.97
Downside Intraday Target	705.27

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	713.30	701.85	718.60	683.90	0.402 times
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

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
29 Tue Oct 2024	713.30	915.10	935.00	683.90	0.322 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 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 Strong 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 weakening, and bulls are picking up momentum!

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 759.12 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.