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(RAJSREESUG) Rajshree Sugars complete technical analysis [charts+indicators] | Buy/Sell Rajshree Sugars | (RAJSREESUG) share price targets

Complete technical analysis of Rajshree Sugars (RAJSREESUG) by charts plus indicators, forecast predictions and share price targets for Rajshree Sugars (RAJSREESUG)

Rajshree Sugars trades in NSE in Sugar sector.

Showing technical analysis as on 2024-05-17 View latest technical analysis

10 day averaged volume of Rajshree Sugars is 62044

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	63.15	62.65	64.25	61.75	1.301 times
16 Thu May 2024	61.55	63.95	63.95	61.20	1 times
15 Wed May 2024	62.55	63.00	63.80	62.10	0.604 times
14 Tue May 2024	62.40	62.85	63.75	62.00	0.877 times
13 Mon May 2024	61.75	62.60	63.85	60.50	0.604 times
10 Fri May 2024	62.60	61.45	63.00	60.60	1.047 times
09 Thu May 2024	61.30	63.00	64.15	60.50	1.053 times
08 Wed May 2024	63.60	63.70	65.25	63.00	1.122 times
07 Tue May 2024	63.50	63.75	64.50	62.00	1.607 times
06 Mon May 2024	64.50	67.20	67.20	64.10	0.986 times

My analysis of stock is bearish for shortterm, and stock might move down till 62 or till 59.4. Use a stoploss of 64.14 and if the stock hits stoploss, then it can shoot up till 66.29

Share price targets for Rajshree Sugars (RAJSREESUG)

Target Type	Value
Downside Target	54.25
Downside Target	59.00
Downside Target	62.50
Upside Target	64.25
Upside Target	67.20
Upside Target	68.00
Upside Target	68.80
Upside Target	71.70
Upside Target	72.60
Upside Target	76.80
Upside Target	84.95
Upside Target	101.90

Intraday share price targets for Rajshree Sugars (RAJSREESUG)

Target Type	Value
Downside Intraday Target	61.02
Downside Intraday Target	58.88
Upside Intraday Target	64.77
Upside Intraday Target	66.38
Downside Intraday Target	62.63

Weekly technical analysis of Rajshree Sugars (RAJSREESUG)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	63.15	62.60	64.25	60.50	0.754 times
10 Fri May 2024	62.60	67.20	67.20	60.50	0.423 times
03 Fri May 2024	66.60	65.10	71.70	65.05	0.902 times
26 Fri Apr 2024	65.10	63.45	68.00	62.50	2.072 times
19 Fri Apr 2024	62.15	63.20	64.95	60.05	0.724 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 Rajshree Sugars (RAJSREESUG)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	63.15	68.60	68.80	60.50	0.192 times
30 Tue Apr 2024	68.20	59.35	72.60	59.00	1.256 times
28 Thu Mar 2024	58.10	73.70	76.80	54.25	0.267 times
29 Thu Feb 2024	72.75	83.90	101.90	67.80	0.839 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 Rajshree Sugars (RAJSREESUG)

Price action analysis of Rajshree Sugars ( (RAJSREESUG) ) 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 Rajshree Sugars ( (RAJSREESUG) ) 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 Rajshree Sugars ( (RAJSREESUG) ) 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 Rajshree Sugars ( (RAJSREESUG) ) 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 Rajshree Sugars stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rajshree Sugars 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.

Rajshree Sugars 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 green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Rajshree Sugars is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.8 and Rajshree Sugars (RAJSREESUG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Rajshree Sugars (RAJSREESUG) stock. Volume based technical analysis of Rajshree Sugars (RAJSREESUG) stock is negative.

Rajshree Sugars 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.