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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 2024-02-07 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 49080

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	224.05	224.85	228.45	222.30	0.342 times
06 Tue Feb 2024	224.85	230.00	230.00	218.00	0.758 times
05 Mon Feb 2024	230.35	237.00	237.40	213.00	1.296 times
02 Fri Feb 2024	237.00	235.00	240.00	232.10	0.685 times
01 Thu Feb 2024	230.00	234.00	244.90	226.05	0.954 times
31 Wed Jan 2024	234.25	229.80	234.50	227.10	0.465 times
30 Tue Jan 2024	229.90	222.60	232.00	222.60	0.391 times
29 Mon Jan 2024	224.05	230.00	232.50	220.55	2.225 times
25 Thu Jan 2024	233.15	236.00	236.00	230.10	0.831 times
24 Wed Jan 2024	239.95	238.00	239.95	233.00	0.611 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 228.7, but if it comes above 228.7, then a intra day buy could be more profitable.
If you take a sell trade below 228.7, then use 228.7 as stoploss and 220.5 as target. However if you take a buy trade in stock , then use 228.7 as stoploss and 235.62 as target.

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	203.00
Downside Target	213.00
Downside Target	220.40
Upside Target	230.00
Upside Target	244.90
Upside Target	246.00
Upside Target	250.00
Upside Target	251.25
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	212.23
Downside Intraday Target	200.42
Upside Intraday Target	236.63
Upside Intraday Target	249.22
Upside Intraday Target	224.82

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	224.05	237.00	237.40	213.00	0.508 times
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

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 Saakshi Medtec (SAAKSHI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	224.05	234.00	244.90	213.00	0.132 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 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 Saakshi Medtec (SAAKSHI_SM)

Price action analysis of Saakshi Medtec ( (SAAKSHI_SM) ) 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 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 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 Saakshi Medtec stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Saakshi Medtec in short term and the sell signal is strong.

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 getting stronger in this stock.

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 buy signal for Saakshi Medtec in short term but BUY signal is weak.

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 Saakshi Medtec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.61 and Saakshi Medtec (SAAKSHI_SM) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.