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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 2024-06-20 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 18120

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	207.75	214.00	215.00	207.05	1.258 times
19 Wed Jun 2024	211.40	212.00	213.90	209.00	0.795 times
18 Tue Jun 2024	211.85	213.00	215.00	209.05	1.258 times
14 Fri Jun 2024	216.75	212.00	218.00	210.35	1.126 times
13 Thu Jun 2024	211.15	212.00	214.75	209.00	1.325 times
12 Wed Jun 2024	212.00	215.50	215.50	200.55	0.828 times
11 Tue Jun 2024	213.75	218.30	222.50	212.00	0.96 times
10 Mon Jun 2024	219.95	227.00	230.40	218.00	0.629 times
07 Fri Jun 2024	221.80	220.00	223.85	216.00	0.894 times
06 Thu Jun 2024	217.60	212.15	227.85	212.15	1.026 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 208.3, but if it comes above 208.3, then a intra day buy could be more profitable.
If you take a sell trade below 208.3, then use 208.3 as stoploss and 191 as target. However if you take a buy trade in stock , then use 208.3 as stoploss and 222.8 as target.

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	190.30
Downside Target	195.00
Downside Target	199.20
Downside Target	206.50
Upside Target	215.00
Upside Target	227.45
Upside Target	230.40
Upside Target	254.00
Upside Target	254.55
Upside Target	259.00
Upside Target	264.50
Upside Target	271.00
Upside Target	275.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	204.87
Downside Intraday Target	201.98
Upside Intraday Target	212.82
Upside Intraday Target	217.88
Upside Intraday Target	209.93

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	207.75	213.00	215.00	207.05	0.68 times
14 Fri Jun 2024	216.75	227.00	230.40	200.55	0.525 times
07 Fri Jun 2024	221.80	228.00	229.15	195.00	0.533 times
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

Price has moved down 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
20 Thu Jun 2024	207.75	228.00	230.40	195.00	0.474 times
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

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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Saakshi Medtec in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 213.92 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.