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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 2024-11-29 View latest technical analysis

10 day averaged volume of Magadh Sugar is 12817

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	732.30	729.25	732.70	721.55	0.563 times
28 Thu Nov 2024	720.80	736.00	736.60	715.60	0.863 times
27 Wed Nov 2024	720.60	697.45	729.90	697.45	1.153 times
26 Tue Nov 2024	697.45	668.00	701.05	666.60	1.617 times
25 Mon Nov 2024	665.15	655.00	667.10	655.00	0.672 times
22 Fri Nov 2024	648.75	642.00	655.00	634.00	0.681 times
21 Thu Nov 2024	635.50	644.10	647.85	632.00	0.408 times
19 Tue Nov 2024	650.40	655.90	671.90	643.60	0.97 times
18 Mon Nov 2024	647.90	655.00	655.75	630.00	1.114 times
14 Thu Nov 2024	652.55	671.45	681.00	648.05	1.564 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 737.7 as stoploss in an intra day sell trade for a target of 700.1. However, stock will show a bullish move above 737.7.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	630.00
Downside Target	648.05
Downside Target	671.90
Downside Target	706.00
Downside Target	721.55
Upside Target	736.60
Upside Target	763.00
Upside Target	814.00
Upside Target	854.90
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	679.33
Downside Intraday Target	626.37
Upside Intraday Target	760.93
Upside Intraday Target	789.57
Downside Intraday Target	707.97

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	732.30	655.00	736.60	655.00	1.534 times
22 Fri Nov 2024	648.75	655.00	671.90	630.00	0.8 times
14 Thu Nov 2024	652.55	740.85	740.85	648.05	0.729 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	732.30	729.90	763.00	630.00	0.386 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

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

Magadh Sugar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magadh Sugar in short term and BUY 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 678.21 and Magadh Sugar (MAGADSUGAR) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.