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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 2024-05-31 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 40200

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	222.55	224.00	226.00	220.05	0.851 times
30 Thu May 2024	220.60	224.90	225.00	217.00	1.866 times
29 Wed May 2024	220.95	199.25	225.00	199.20	3.687 times
28 Tue May 2024	248.95	251.20	253.00	246.50	0.776 times
27 Mon May 2024	251.60	249.75	254.55	242.50	0.657 times
24 Fri May 2024	249.75	251.00	251.00	247.00	0.836 times
23 Thu May 2024	251.50	257.45	258.95	251.00	0.463 times
22 Wed May 2024	252.00	242.95	259.00	242.95	0.97 times
21 Tue May 2024	243.45	234.00	246.00	227.45	0.403 times
18 Sat May 2024	234.80	239.25	239.80	231.35	0.104 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 227.9, but if it comes above 227.9, then a intra day buy could be more profitable.
If you take a sell trade below 227.9, then use 227.9 as stoploss and 214.2 as target. However if you take a buy trade in stock , then use 227.9 as stoploss and 239.29 as target.

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	196.32
Downside Intraday Target	170.08
Upside Intraday Target	251.67
Upside Intraday Target	280.78
Upside Intraday Target	225.43

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	222.55	249.75	254.55	199.20	2.933 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
31 Fri May 2024	222.55	259.30	275.00	199.20	1.45 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Saakshi Medtec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 232.39 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.