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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 2024-06-06 View latest technical analysis

10 day averaged volume of Rajshree Sugars is 96093

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	58.95	58.75	60.55	58.05	0.921 times
05 Wed Jun 2024	57.55	59.10	59.30	55.55	1.844 times
04 Tue Jun 2024	56.55	62.70	62.75	54.60	1.732 times
03 Mon Jun 2024	61.80	61.05	64.10	60.20	1.01 times
31 Fri May 2024	59.70	58.35	60.05	58.35	0.433 times
30 Thu May 2024	58.35	59.50	59.95	58.20	0.596 times
29 Wed May 2024	59.55	60.05	61.00	59.40	0.835 times
28 Tue May 2024	60.05	63.40	63.40	59.50	0.823 times
27 Mon May 2024	62.15	63.85	64.45	61.75	0.581 times
24 Fri May 2024	63.55	63.65	64.90	62.85	1.057 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.1, but if it comes above 59.1, then a intra day buy could be more profitable.
If you take a sell trade below 59.1, then use 59.1 as stoploss and 56.7 as target. However if you take a buy trade in stock , then use 59.1 as stoploss and 61.16 as target.

Share price targets for Rajshree Sugars (RAJSREESUG)

Target Type	Value
Downside Target	54.25
Downside Target	58.20
Upside Target	60.50
Upside Target	64.10
Upside Target	64.75
Upside Target	64.90
Upside Target	67.20
Upside Target	67.80
Upside Target	68.80
Upside Target	72.60
Upside Target	76.80
Upside Target	101.90

Intraday share price targets for Rajshree Sugars (RAJSREESUG)

Target Type	Value
Downside Intraday Target	54.33
Downside Intraday Target	49.72
Upside Intraday Target	63.83
Upside Intraday Target	68.72
Upside Intraday Target	59.22

Weekly technical analysis of Rajshree Sugars (RAJSREESUG)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	58.95	61.05	64.10	54.60	1.685 times
31 Fri May 2024	59.70	63.85	64.45	58.20	0.789 times
24 Fri May 2024	63.55	64.30	64.90	60.85	1.426 times
18 Sat May 2024	63.70	62.60	64.75	60.50	0.774 times
10 Fri May 2024	62.60	67.20	67.20	60.50	0.423 times

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

Monthly technical analysis of Rajshree Sugars (RAJSREESUG)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	58.95	61.05	64.10	54.60	0.354 times
31 Fri May 2024	59.70	68.60	68.80	58.20	0.37 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

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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 getting stronger in this stock.

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

CCI has generated a buy signal for Rajshree Sugars in short term but BUY signal is weak.

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 Rajshree Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.38 and Rajshree Sugars (RAJSREESUG) 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 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.