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(MEGASOFT) Megasoft complete technical analysis [charts+indicators] | Buy/Sell Megasoft | (MEGASOFT) share price targets

Complete technical analysis of Megasoft (MEGASOFT) by charts plus indicators, forecast predictions and share price targets for Megasoft (MEGASOFT)

Megasoft trades in NSE in IT Software Products sector.

Showing technical analysis as on 2025-01-09 View latest technical analysis

10 day averaged volume of Megasoft is 663671

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	104.32	108.00	111.00	103.11	1.168 times
08 Wed Jan 2025	106.83	104.00	107.50	97.27	1.836 times
07 Tue Jan 2025	102.39	99.00	102.39	98.77	1.709 times
06 Mon Jan 2025	97.52	94.30	99.18	92.00	2.31 times
03 Fri Jan 2025	94.46	90.67	94.46	89.96	1.205 times
02 Thu Jan 2025	89.97	89.40	90.45	86.73	0.425 times
01 Wed Jan 2025	88.01	88.00	92.78	87.04	1.031 times
31 Tue Dec 2024	88.37	85.33	88.50	84.01	0.306 times
07 Mon Oct 2024	64.41	68.94	68.94	64.34	0.35 times
04 Fri Oct 2024	67.73	65.00	68.93	64.30	0.494 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 94.3, but if it comes below 94.3, then a intra day sell could be more profitable.
If you take a sell trade below 94.3, then use 94.3 as stoploss and 79.16 as target. However if you take a buy trade in stock , then use 94.3 as stoploss and 112.4 as target.

Share price targets for Megasoft (MEGASOFT)

Target Type	Value
Downside Target	50.05
Downside Target	54.01
Downside Target	56.14
Downside Target	62.00
Downside Target	64.30
Downside Target	68.75
Downside Target	74.09
Downside Target	76.90
Downside Target	84.01
Downside Target	86.73
Downside Target	88.50
Downside Target	92.00
Downside Target	94.46
Upside Target	111.00

Intraday share price targets for Megasoft (MEGASOFT)

Target Type	Value
Downside Intraday Target	93.88
Downside Intraday Target	83.44
Upside Intraday Target	112.88
Upside Intraday Target	121.44
Downside Intraday Target	102.44

Weekly technical analysis of Megasoft (MEGASOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	104.32	94.30	111.00	92.00	2.116 times
03 Fri Jan 2025	94.46	68.94	94.46	64.34	1.617 times
04 Fri Oct 2024	67.73	68.00	69.50	64.30	0.152 times
27 Fri Sep 2024	68.63	62.09	76.90	62.00	1.114 times
20 Fri Sep 2024	61.77	57.45	68.75	56.14	1.719 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 Megasoft (MEGASOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	104.32	88.00	111.00	86.73	31.602 times
31 Tue Dec 2024	88.37	85.33	88.50	84.01	0.189 times
07 Mon Oct 2024	64.41	67.65	69.50	64.30	0.043 times
30 Mon Sep 2024	67.45	55.00	76.90	50.05	2.497 times

Scroll below to view daily charts

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

Indicators analysis of Megasoft (MEGASOFT)

Price action analysis of Megasoft ( (MEGASOFT) ) 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 Megasoft ( (MEGASOFT) ) based on a short to mid 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 Megasoft ( (MEGASOFT) ) based on a mid to longer 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.

ADX buy sell signal for Megasoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Megasoft in short term and the buy signal is strong.

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

Megasoft Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Megasoft in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Megasoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 96.37 and Megasoft (MEGASOFT) 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 Megasoft (MEGASOFT) stock. Volume based technical analysis of Megasoft (MEGASOFT) stock is negative.

Megasoft Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.