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

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

Rana Sugars trades in NSE in Sugar sector.

Showing technical analysis as on 2024-06-18 View latest technical analysis

10 day averaged volume of Rana Sugars is 3392860

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	25.01	25.90	26.29	24.90	0.66 times
14 Fri Jun 2024	25.90	26.80	26.99	25.50	1.669 times
13 Thu Jun 2024	26.38	25.00	27.02	24.70	4.052 times
12 Wed Jun 2024	24.50	23.91	25.09	23.86	1.482 times
11 Tue Jun 2024	23.91	21.66	24.39	21.45	1.543 times
10 Mon Jun 2024	21.66	21.95	22.24	21.60	0.176 times
07 Fri Jun 2024	21.85	21.50	22.15	21.30	0.284 times
06 Thu Jun 2024	21.30	20.85	21.55	20.85	0.158 times
05 Wed Jun 2024	20.75	19.95	20.85	19.90	0.155 times
04 Tue Jun 2024	19.95	21.00	21.00	19.30	0.286 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24, but if it comes below 24, then a intra day sell could be more profitable.
If you take a sell trade below 24, then use 24 as stoploss and 22.18 as target. However if you take a buy trade in stock , then use 24 as stoploss and 26.2 as target.

Share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Target	18.20
Downside Target	18.70
Downside Target	19.30
Downside Target	20.60
Downside Target	21.40
Downside Target	22.95
Downside Target	23.75
Downside Target	24.30
Downside Target	24.90
Upside Target	26.29
Upside Target	27.02
Upside Target	27.60

Intraday share price targets for Rana Sugars (RANASUG)

Target Type	Value
Downside Intraday Target	24.51
Downside Intraday Target	24.01
Upside Intraday Target	25.9
Upside Intraday Target	26.79
Upside Intraday Target	25.4

Weekly technical analysis of Rana Sugars (RANASUG)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	25.01	25.90	26.29	24.90	0.074 times
14 Fri Jun 2024	25.90	21.95	27.02	21.45	8.281 times
07 Fri Jun 2024	21.85	21.60	22.15	19.30	2.231 times
31 Fri May 2024	21.00	21.50	21.75	20.60	1.138 times
24 Fri May 2024	21.50	21.75	21.85	21.40	0.916 times

Price has moved down 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 Rana Sugars (RANASUG)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	25.01	21.60	27.02	19.30	4.288 times
31 Fri May 2024	21.00	22.90	22.95	20.60	0.368 times
30 Tue Apr 2024	22.80	19.70	23.75	18.20	1.218 times
28 Thu Mar 2024	19.40	23.75	24.30	18.70	0.281 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 Rana Sugars (RANASUG)

Price action analysis of Rana Sugars ( (RANASUG) ) 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 Rana Sugars ( (RANASUG) ) 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 Rana Sugars ( (RANASUG) ) 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 Rana Sugars stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Rana Sugars 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.

Rana Sugars 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 SELL signal for Rana Sugars in short term but SELL signal is weak.

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 Rana 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 25.05 and Rana Sugars (RANASUG) 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 Rana Sugars (RANASUG) stock. Volume based technical analysis of Rana Sugars (RANASUG) stock is negative.

Rana Sugars 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.