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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 2024-10-16 View latest technical analysis

10 day averaged volume of Saakshi Medtec is 22140

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	197.95	208.25	211.00	197.85	3.55 times
15 Tue Oct 2024	208.25	213.00	219.70	208.00	1.138 times
14 Mon Oct 2024	211.05	211.70	215.95	208.00	1.409 times
11 Fri Oct 2024	211.70	218.95	219.20	211.35	0.705 times
10 Thu Oct 2024	215.60	219.90	220.95	214.70	0.84 times
09 Wed Oct 2024	215.90	222.00	223.00	214.00	1.382 times
08 Tue Oct 2024	222.00	215.00	224.95	212.15	0.325 times
15 Mon Jul 2024	293.45	301.50	303.90	290.00	0.515 times
12 Fri Jul 2024	300.35	300.00	304.00	292.75	0.596 times
11 Thu Jul 2024	297.05	307.00	307.00	292.50	1.599 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.7, but if it comes above 226.7, then a intra day buy could be more profitable.
If you take a sell trade below 226.7, then use 226.7 as stoploss and 168.2 as target. However if you take a buy trade in stock , then use 226.7 as stoploss and 275.51 as target.

Share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Target	195.00
Upside Target	211.35
Upside Target	218.00
Upside Target	224.95
Upside Target	250.00
Upside Target	264.50
Upside Target	275.00
Upside Target	290.00
Upside Target	303.90
Upside Target	335.00
Upside Target	348.90
Upside Target	369.00

Intraday share price targets for Saakshi Medtec (SAAKSHI_SM)

Target Type	Value
Downside Intraday Target	190.63
Downside Intraday Target	183.32
Upside Intraday Target	212.48
Upside Intraday Target	227.02
Upside Intraday Target	205.17

Weekly technical analysis of Saakshi Medtec (SAAKSHI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	197.95	211.70	219.70	197.85	1.619 times
11 Fri Oct 2024	211.70	301.50	303.90	211.35	0.476 times
12 Fri Jul 2024	300.35	335.00	335.00	291.00	0.45 times
05 Fri Jul 2024	334.95	290.00	369.00	290.00	0.485 times
28 Fri Jun 2024	288.10	255.00	348.90	250.00	2.155 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
16 Wed Oct 2024	197.95	215.00	224.95	197.85	0.359 times
15 Mon Jul 2024	293.45	290.00	369.00	290.00	0.402 times
28 Fri Jun 2024	288.10	228.00	348.90	195.00	2.146 times
31 Fri May 2024	222.55	259.30	275.00	199.20	1.45 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing 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 227.47 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.