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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 2024-02-23 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 37680

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	233.85	233.75	235.85	228.10	2.261 times
22 Thu Feb 2024	230.00	229.65	234.95	228.00	1.019 times
21 Wed Feb 2024	229.65	226.00	238.00	226.00	1.178 times
20 Tue Feb 2024	228.30	224.90	230.00	222.50	0.924 times
19 Mon Feb 2024	221.35	225.15	227.00	221.05	0.51 times
16 Fri Feb 2024	225.15	222.95	229.75	222.00	0.892 times
15 Thu Feb 2024	222.95	224.00	224.00	215.30	0.51 times
14 Wed Feb 2024	217.00	214.40	229.85	214.40	1.369 times
13 Tue Feb 2024	215.75	211.00	216.00	206.50	1.656 times
12 Mon Feb 2024	215.35	215.00	219.00	207.55	0.828 times

Stock of Saakshi Medtec (SAAKSHI_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 231.9, but if it comes below 231.9, then a intra day sell could be more profitable.
If you take a sell trade below 231.9, then use 231.9 as stoploss and 225.38 as target. However if you take a buy trade in stock , then use 231.9 as stoploss and 239.7 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
Downside Target	229.85
Upside Target	237.40
Upside Target	244.90
Upside Target	246.00
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	223.93
Downside Intraday Target	214.02
Upside Intraday Target	240.88
Upside Intraday Target	247.92
Downside Intraday Target	230.97

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	233.85	225.15	238.00	221.05	1.121 times
16 Fri Feb 2024	225.15	215.00	229.85	206.50	0.982 times
09 Fri Feb 2024	214.20	237.00	237.40	213.00	0.87 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

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
23 Fri Feb 2024	233.85	234.00	244.90	206.50	0.468 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 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 Saakshi Medtec ( (SAAKSHI_SM) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Saakshi Medtec in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Saakshi Medtec 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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 224.69 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 rising upwards.

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 is giving positive 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.