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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 2024-05-06 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 33420

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	260.70	275.00	275.00	255.00	0.557 times
03 Fri May 2024	260.20	263.50	267.90	256.00	0.826 times
02 Thu May 2024	261.85	259.30	270.00	257.20	1.329 times
30 Tue Apr 2024	255.00	254.50	258.50	252.00	0.305 times
29 Mon Apr 2024	254.20	262.00	262.10	252.00	1.149 times
26 Fri Apr 2024	260.65	263.50	264.50	260.00	0.898 times
25 Thu Apr 2024	261.00	262.95	262.95	257.00	0.251 times
24 Wed Apr 2024	256.55	262.00	262.00	254.50	0.969 times
23 Tue Apr 2024	262.35	243.55	264.00	243.55	2.657 times
22 Mon Apr 2024	243.55	240.00	245.90	235.05	1.005 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 259.4, but if it comes below 259.4, then a intra day sell could be more profitable.
If you take a sell trade below 259.4, then use 259.4 as stoploss and 246.34 as target. However if you take a buy trade in stock , then use 259.4 as stoploss and 275.1 as target.

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	190.30
Downside Target	203.00
Downside Target	218.00
Downside Target	226.50
Downside Target	235.05
Downside Target	240.00
Downside Target	252.00
Upside Target	264.50
Upside Target	270.00
Upside Target	271.00
Upside Target	275.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	252.13
Downside Intraday Target	243.57
Upside Intraday Target	272.13
Upside Intraday Target	283.57
Upside Intraday Target	263.57

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	260.70	275.00	275.00	255.00	0.154 times
03 Fri May 2024	260.20	262.00	270.00	252.00	0.624 times
26 Fri Apr 2024	260.65	240.00	264.50	235.05	3.354 times
19 Fri Apr 2024	238.15	234.10	240.00	226.50	0.706 times
12 Fri Apr 2024	234.10	229.95	252.00	229.95	1.03 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
06 Mon May 2024	260.70	259.30	275.00	255.00	0.197 times
30 Tue Apr 2024	255.00	218.00	264.50	218.00	0.492 times
28 Thu Mar 2024	224.30	252.00	271.00	190.30	0.843 times
29 Thu Feb 2024	251.10	234.00	254.00	206.50	0.739 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 258.19 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.