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(SADHNANIQ) Sadhana Nitrochem complete technical analysis [charts+indicators] | Buy/Sell Sadhana Nitrochem | (SADHNANIQ) share price targets

Complete technical analysis of Sadhana Nitrochem (SADHNANIQ) by charts plus indicators, forecast predictions and share price targets for Sadhana Nitrochem (SADHNANIQ)

Showing technical analysis as on 2024-03-28 View latest technical analysis

10 day averaged volume of Sadhana Nitrochem is 550973

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	62.40	64.45	65.95	60.80	2.017 times
27 Wed Mar 2024	63.50	65.50	66.20	62.25	1.746 times
26 Tue Mar 2024	65.10	67.00	67.20	65.00	1.294 times
22 Fri Mar 2024	67.05	65.90	68.80	65.60	1.515 times
21 Thu Mar 2024	65.85	66.30	67.50	65.60	0.907 times
20 Wed Mar 2024	65.95	67.90	68.45	65.10	0.642 times
19 Tue Mar 2024	67.75	69.40	69.65	67.50	0.486 times
18 Mon Mar 2024	69.00	69.90	70.80	68.15	0.488 times
15 Fri Mar 2024	69.05	69.45	71.00	67.80	0.619 times
14 Thu Mar 2024	69.20	66.55	69.90	66.15	0.783 times

Stock of Sadhana Nitrochem (SADHNANIQ) 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 65.5, but if it comes above 65.5, then a intra day buy could be more profitable.
If you take a sell trade below 65.5, then use 65.5 as stoploss and 60.5 as target. However if you take a buy trade in stock , then use 65.5 as stoploss and 69.65 as target.

Share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Target	60.80
Upside Target	64.50
Upside Target	67.20
Upside Target	69.95
Upside Target	73.35
Upside Target	78.25
Upside Target	79.85
Upside Target	83.45
Upside Target	84.70
Upside Target	86.85
Upside Target	87.15
Upside Target	95.80
Upside Target	106.95
Upside Target	110.00

Intraday share price targets for Sadhana Nitrochem (SADHNANIQ)

Target Type	Value
Downside Intraday Target	59.73
Downside Intraday Target	57.07
Upside Intraday Target	66.13
Upside Intraday Target	69.87
Upside Intraday Target	63.47

Weekly technical analysis of Sadhana Nitrochem (SADHNANIQ)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	62.40	67.00	67.20	60.80	1.253 times
22 Fri Mar 2024	67.05	69.90	70.80	65.10	0.964 times
15 Fri Mar 2024	69.05	74.00	74.00	64.50	0.842 times
07 Thu Mar 2024	73.60	77.50	78.25	69.95	2.371 times
02 Sat Mar 2024	75.60	78.25	79.85	73.95	0.612 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 Sadhana Nitrochem (SADHNANIQ)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	62.40	75.10	78.25	60.80	1.266 times
29 Thu Feb 2024	74.75	85.80	86.85	73.35	0.554 times
31 Wed Jan 2024	85.65	88.95	95.80	84.70	0.238 times
29 Fri Dec 2023	86.65	88.65	106.95	83.45	2.003 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 Sadhana Nitrochem (SADHNANIQ)

Price action analysis of Sadhana Nitrochem ( (SADHNANIQ) ) 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 Sadhana Nitrochem ( (SADHNANIQ) ) 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 Sadhana Nitrochem ( (SADHNANIQ) ) based on a mid to longer 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.

ADX buy sell signal for Sadhana Nitrochem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sadhana Nitrochem in short term and the sell signal is strong.

Sadhana Nitrochem 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 Sadhana Nitrochem 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 Sadhana Nitrochem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.56 and Sadhana Nitrochem (SADHNANIQ) 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 Sadhana Nitrochem (SADHNANIQ) stock. Volume based technical analysis of Sadhana Nitrochem (SADHNANIQ) stock is negative.

Sadhana Nitrochem 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.