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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 2024-05-30 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 33780

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	220.60	224.90	225.00	217.00	2.22 times
29 Wed May 2024	220.95	199.25	225.00	199.20	4.387 times
28 Tue May 2024	248.95	251.20	253.00	246.50	0.924 times
27 Mon May 2024	251.60	249.75	254.55	242.50	0.782 times
24 Fri May 2024	249.75	251.00	251.00	247.00	0.995 times
23 Thu May 2024	251.50	257.45	258.95	251.00	0.551 times
22 Wed May 2024	252.00	242.95	259.00	242.95	1.155 times
21 Tue May 2024	243.45	234.00	246.00	227.45	0.48 times
18 Sat May 2024	234.80	239.25	239.80	231.35	0.124 times
17 Fri May 2024	233.50	232.60	239.90	232.60	0.284 times

Stock of Saakshi Medtec (SAAKSHI_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 215.7, for a target of 229.6 or 241.17

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	190.30
Downside Target	199.20
Downside Target	218.00
Upside Target	227.45
Upside Target	239.90
Upside Target	252.00
Upside Target	254.90
Upside Target	259.00
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	195.02
Downside Intraday Target	169.43
Upside Intraday Target	250.37
Upside Intraday Target	280.13
Upside Intraday Target	224.78

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	220.60	249.75	254.55	199.20	2.615 times
24 Fri May 2024	249.75	234.00	259.00	227.45	1.261 times
18 Sat May 2024	234.80	233.00	239.90	222.20	0.973 times
10 Fri May 2024	232.60	275.00	275.00	229.15	0.726 times
03 Fri May 2024	260.20	262.00	270.00	252.00	0.624 times

Price has moved down 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
30 Thu May 2024	220.60	259.30	275.00	199.20	1.375 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 red color and prices are below the red 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 SELL signal in short term but selling 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 233.25 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.