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(SAAKSHI_SM) Saakshi Medtec complete technical analysis [charts+indicators] | Buy/Sell Saakshi Medtec | (SAAKSHI_SM) share price targets

Complete technical analysis of Saakshi Medtec (SAAKSHI_SM) by charts plus indicators, forecast predictions and share price targets for Saakshi Medtec (SAAKSHI_SM)

Showing technical analysis as on 2024-02-02 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 52680

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	237.00	235.00	240.00	232.10	0.638 times
01 Thu Feb 2024	230.00	234.00	244.90	226.05	0.888 times
31 Wed Jan 2024	234.25	229.80	234.50	227.10	0.433 times
30 Tue Jan 2024	229.90	222.60	232.00	222.60	0.364 times
29 Mon Jan 2024	224.05	230.00	232.50	220.55	2.073 times
25 Thu Jan 2024	233.15	236.00	236.00	230.10	0.774 times
24 Wed Jan 2024	239.95	238.00	239.95	233.00	0.569 times
23 Tue Jan 2024	236.15	238.00	254.90	232.20	1.663 times
22 Mon Jan 2024	239.20	244.00	244.00	235.00	0.706 times
19 Fri Jan 2024	244.35	243.00	245.00	237.55	1.298 times

My analysis of stock is bearish for shortterm, and stock might move down till 231.8 or till 225. Use a stoploss of 237.49 and if the stock hits stoploss, then it can shoot up till 243.17

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	203.00
Downside Target	220.40
Downside Target	226.05
Upside Target	240.00
Upside Target	244.90
Upside Target	250.00
Upside Target	251.25
Upside Target	254.80
Upside Target	254.90
Upside Target	270.00
Upside Target	293.50

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	223.4
Downside Intraday Target	209.8
Upside Intraday Target	247.75
Upside Intraday Target	258.5
Downside Intraday Target	234.15

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	237.00	230.00	244.90	220.55	1.184 times
25 Thu Jan 2024	233.15	244.00	254.90	230.10	0.694 times
19 Fri Jan 2024	244.35	250.00	250.00	230.00	1.399 times
12 Fri Jan 2024	250.00	247.00	251.25	233.05	0.301 times
05 Fri Jan 2024	241.45	217.60	254.80	203.00	4.947 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 Saakshi Medtec (SAAKSHI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	237.00	234.00	244.90	226.05	0.054 times
31 Wed Jan 2024	234.25	217.60	254.90	203.00	1.916 times
29 Fri Dec 2023	217.60	237.75	246.00	207.00	0.632 times
30 Thu Nov 2023	234.10	270.00	270.00	220.40	0.668 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 Saakshi Medtec (SAAKSHI_SM)

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) 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 Saakshi Medtec ( (SAAKSHI_SM) ) 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 Saakshi Medtec ( (SAAKSHI_SM) ) 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 Saakshi Medtec ( (SAAKSHI_SM) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Saakshi Medtec 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.

Saakshi Medtec Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Saakshi Medtec 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Saakshi Medtec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 233.97 and Saakshi Medtec (SAAKSHI_SM) 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 Saakshi Medtec (SAAKSHI_SM) stock. Volume based technical analysis of Saakshi Medtec (SAAKSHI_SM) stock is negative.

Saakshi Medtec Stock has given negative 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.