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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 2024-11-11 View latest technical analysis

10 day averaged volume of Magadh Sugar is 15128

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	717.20	740.85	740.85	713.55	0.494 times
08 Fri Nov 2024	729.90	743.60	743.60	709.25	1.458 times
07 Thu Nov 2024	741.00	750.00	759.95	739.50	0.622 times
06 Wed Nov 2024	754.90	741.00	763.00	741.00	0.678 times
05 Tue Nov 2024	741.45	722.45	749.90	722.40	0.985 times
04 Mon Nov 2024	722.45	735.10	737.35	706.00	0.87 times
01 Fri Nov 2024	733.95	729.90	745.00	724.95	0.3 times
31 Thu Oct 2024	724.85	737.35	742.10	715.35	1.219 times
30 Wed Oct 2024	736.50	713.00	749.80	710.70	1.083 times
29 Tue Oct 2024	713.30	703.50	718.15	695.10	1.087 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 708.2 as stoploss in an intra day buy trade for a target of 752.96. However, stock will show a bearish move below 708.2.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	683.90
Upside Target	740.85
Upside Target	763.00
Upside Target	803.70
Upside Target	814.00
Upside Target	823.90
Upside Target	854.90
Upside Target	876.65
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	706.88
Downside Intraday Target	696.57
Upside Intraday Target	734.18
Upside Intraday Target	751.17
Upside Intraday Target	723.87

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	717.20	740.85	740.85	713.55	0.107 times
08 Fri Nov 2024	729.90	735.10	763.00	706.00	0.856 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

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
11 Mon Nov 2024	717.20	729.90	763.00	706.00	0.138 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 BUY signal for Magadh Sugar in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears 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

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 730.66 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 is giving positive 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.