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

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

Showing technical analysis as on 2023-12-08 View latest technical analysis

10 day averaged volume of Rajshreesugars is 87979

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	57.45	57.45	57.45	57.45	0.121 times
07 Thu Dec 2023	58.60	58.05	58.60	58.05	1.032 times
06 Wed Dec 2023	59.20	60.00	60.00	59.00	1.432 times
05 Tue Dec 2023	59.00	60.70	60.70	59.00	2.096 times
04 Mon Dec 2023	59.55	59.55	59.55	59.55	0.484 times
01 Fri Dec 2023	58.40	58.40	58.40	58.40	0.289 times
30 Thu Nov 2023	57.30	57.30	57.30	57.30	0.225 times
29 Wed Nov 2023	56.20	56.20	56.20	56.20	0.266 times
28 Tue Nov 2023	55.10	55.10	55.10	55.10	0.177 times
24 Fri Nov 2023	54.05	54.05	54.05	54.05	1.59 times

My analysis of stock is bullish for shortterm, and stock might move up till 59.3 or till 62.1. Use a stoploss of 56.92 and if this stock hits its stoploss, then it can fall down till 54.58

Share price targets for Rajshreesugars (RAJSREESUG_BE)

Target Type	Value
Downside Target	26.75
Downside Target	37.85
Downside Target	45.75
Downside Target	47.00
Downside Target	51.50
Downside Target	54.70
Downside Target	57.45
Upside Target	59.45
Upside Target	60.70
Upside Target	60.75
Upside Target	61.00

Intraday share price targets for Rajshreesugars (RAJSREESUG_BE)

Target Type	Value
Downside Intraday Target	56.37
Downside Intraday Target	55.28
Upside Intraday Target	59.62
Upside Intraday Target	61.78
Upside Intraday Target	58.53

Weekly technical analysis of Rajshreesugars (RAJSREESUG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	57.45	59.55	60.70	57.45	5.396 times
01 Fri Dec 2023	58.40	55.10	58.40	55.10	0.156 times
24 Fri Nov 2023	54.05	54.70	54.70	51.50	2.061 times
17 Fri Nov 2023	55.80	60.40	61.00	55.80	0.314 times
10 Fri Nov 2023	59.25	52.95	59.45	52.95	2.338 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 Rajshreesugars (RAJSREESUG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	57.45	58.40	60.70	57.45	0.248 times
30 Thu Nov 2023	57.30	45.75	61.00	45.75	1.216 times
31 Tue Oct 2023	47.40	52.65	56.00	47.00	1.52 times
29 Fri Sep 2023	52.65	60.75	60.75	52.10	1.304 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 Rajshreesugars (RAJSREESUG_BE)

Price action analysis of Rajshreesugars ( (RAJSREESUG_BE) ) 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 Rajshreesugars ( (RAJSREESUG_BE) ) 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 Rajshreesugars ( (RAJSREESUG_BE) ) 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 Rajshreesugars stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Rajshreesugars 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rajshreesugars in short term and SELL 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 Rajshreesugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.71 and Rajshreesugars (RAJSREESUG_BE) 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 Rajshreesugars (RAJSREESUG_BE) stock. Volume based technical analysis of Rajshreesugars (RAJSREESUG_BE) stock is negative.

Rajshreesugars 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.