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(SAGCEM) Sagar Cements complete technical analysis [charts+indicators] | Buy/Sell Sagar Cements | (SAGCEM) share price targets

Complete technical analysis of Sagar Cements (SAGCEM) by charts plus indicators, forecast predictions and share price targets for Sagar Cements (SAGCEM)

Sagar Cements trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Sagar Cements is 104373

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	215.90	212.45	220.00	209.95	0.532 times
06 Mon May 2024	212.45	219.90	219.90	211.00	0.592 times
03 Fri May 2024	217.65	219.50	223.80	216.05	0.561 times
02 Thu May 2024	219.45	225.70	225.70	216.70	0.463 times
30 Tue Apr 2024	222.80	223.20	224.45	220.00	0.486 times
29 Mon Apr 2024	222.70	226.45	226.45	221.00	0.844 times
26 Fri Apr 2024	224.05	223.50	225.00	222.20	0.496 times
25 Thu Apr 2024	223.30	223.65	226.40	222.10	1.028 times
24 Wed Apr 2024	223.60	227.60	228.75	220.70	1.043 times
23 Tue Apr 2024	225.60	230.00	230.90	225.00	1.437 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 213.8 as stoploss in an intra day buy trade for a target of 218.75. However, stock will show a bearish move below 213.8.

Share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Target	201.10
Downside Target	207.05
Upside Target	225.70
Upside Target	226.45
Upside Target	231.25
Upside Target	233.65
Upside Target	253.90
Upside Target	254.05
Upside Target	269.50
Upside Target	305.00

Intraday share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Intraday Target	210.57
Downside Intraday Target	205.23
Upside Intraday Target	220.62
Upside Intraday Target	225.33
Downside Intraday Target	215.28

Weekly technical analysis of Sagar Cements (SAGCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	215.90	219.90	220.00	209.95	0.478 times
03 Fri May 2024	217.65	226.45	226.45	216.05	0.334 times
26 Fri Apr 2024	224.05	217.50	231.25	216.40	1.672 times
19 Fri Apr 2024	215.30	213.90	217.10	207.05	0.834 times
12 Fri Apr 2024	215.30	221.35	223.45	212.45	0.323 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 Sagar Cements (SAGCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	215.90	225.70	225.70	209.95	0.064 times
30 Tue Apr 2024	222.80	210.00	231.25	207.05	0.858 times
28 Thu Mar 2024	208.30	239.05	253.90	201.10	1.569 times
29 Thu Feb 2024	238.05	269.40	269.50	233.65	0.105 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 Sagar Cements (SAGCEM)

Price action analysis of Sagar Cements ( (SAGCEM) ) 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 Sagar Cements ( (SAGCEM) ) based on a short to mid 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.

Price action analysis of Sagar Cements ( (SAGCEM) ) 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 Sagar Cements stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sagar Cements in short term and the sell signal is strong.

Sagar Cements 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 moving up

CCI has generated a buy signal for Sagar Cements in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sagar Cements is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 221.69 and Sagar Cements (SAGCEM) 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 Sagar Cements (SAGCEM) stock. Volume based technical analysis of Sagar Cements (SAGCEM) stock is negative.

Sagar Cements 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.