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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 2024-02-29 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 59040

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	251.10	246.00	251.50	243.00	1.545 times
28 Wed Feb 2024	249.00	250.00	254.00	236.05	2.195 times
27 Tue Feb 2024	249.60	251.70	251.70	245.00	1.199 times
26 Mon Feb 2024	248.10	236.00	251.00	236.00	1.951 times
23 Fri Feb 2024	233.85	233.75	235.85	228.10	1.443 times
22 Thu Feb 2024	230.00	229.65	234.95	228.00	0.65 times
21 Wed Feb 2024	229.65	226.00	238.00	226.00	0.752 times
20 Tue Feb 2024	228.30	224.90	230.00	222.50	0.589 times
19 Mon Feb 2024	221.35	225.15	227.00	221.05	0.325 times
16 Fri Feb 2024	225.15	222.95	229.75	222.00	0.569 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 255.1, for a target of 241 or 229.36

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
Downside Target	236.00
Downside Target	244.90
Downside Target	246.00
Upside Target	254.00
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	240.07
Downside Intraday Target	229.03
Upside Intraday Target	258.07
Upside Intraday Target	265.03
Downside Intraday Target	247.03

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	251.10	236.00	254.00	236.00	1.832 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	251.10	234.00	254.00	206.50	0.739 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 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 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 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 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 and the buy signal is strong.

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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 241.75 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 positive

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