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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 2024-11-04 View latest technical analysis

10 day averaged volume of Magadh Sugar is 18633

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	722.45	735.10	737.35	706.00	0.706 times
01 Fri Nov 2024	733.95	729.90	745.00	724.95	0.243 times
31 Thu Oct 2024	724.85	737.35	742.10	715.35	0.99 times
30 Wed Oct 2024	736.50	713.00	749.80	710.70	0.879 times
29 Tue Oct 2024	713.30	703.50	718.15	695.10	0.882 times
28 Mon Oct 2024	701.45	701.85	718.60	683.90	1.38 times
25 Fri Oct 2024	701.85	729.55	735.65	693.75	0.901 times
24 Thu Oct 2024	730.70	749.55	776.90	726.65	0.847 times
23 Wed Oct 2024	749.55	740.60	764.75	726.65	1.007 times
22 Tue Oct 2024	736.35	790.00	793.95	725.05	1.955 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 720.5 as stoploss in an intra day buy trade for a target of 787.78. However, stock will show a bearish move below 720.5.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	683.90
Downside Target	721.55
Upside Target	737.35
Upside Target	803.70
Upside Target	823.90
Upside Target	825.00
Upside Target	854.90
Upside Target	876.65
Upside Target	899.00
Upside Target	935.00
Upside Target	989.00
Upside Target	1010.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	706.52
Downside Intraday Target	690.58
Upside Intraday Target	737.87
Upside Intraday Target	753.28
Downside Intraday Target	721.93

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	722.45	735.10	737.35	706.00	0.161 times
01 Fri Nov 2024	733.95	701.85	749.80	683.90	0.777 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

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
04 Mon Nov 2024	722.45	729.90	745.00	706.00	0.03 times
31 Thu Oct 2024	724.85	915.10	935.00	683.90	0.343 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

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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magadh Sugar Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 but selling is losing 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 724.84 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.