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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 2024-05-16 View latest technical analysis

10 day averaged volume of Sagar Cements is 81404

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	218.45	219.80	220.15	216.25	0.894 times
15 Wed May 2024	218.80	216.00	231.05	210.90	3.772 times
14 Tue May 2024	213.85	212.05	218.50	211.05	0.629 times
13 Mon May 2024	214.80	218.60	218.60	212.00	0.333 times
10 Fri May 2024	218.60	211.15	220.50	206.25	1.063 times
09 Thu May 2024	211.15	215.90	219.70	210.00	0.886 times
08 Wed May 2024	215.35	212.00	218.50	211.55	0.562 times
07 Tue May 2024	215.90	212.45	220.00	209.95	0.682 times
06 Mon May 2024	212.45	219.90	219.90	211.00	0.759 times
03 Fri May 2024	217.65	219.50	223.80	216.05	0.719 times

My analysis of stock is bearish for shortterm, and stock might move down till 213.6 or till 207.6. Use a stoploss of 218.56 and if the stock hits stoploss, then it can shoot up till 223.55

Share price targets for Sagar Cements (SAGCEM)

Target Type	Value
Downside Target	201.10
Downside Target	206.25
Downside Target	216.05
Upside Target	226.45
Upside Target	231.05
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	209.22
Downside Intraday Target	199.98
Upside Intraday Target	229.37
Upside Intraday Target	240.28
Upside Intraday Target	220.13

Weekly technical analysis of Sagar Cements (SAGCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	218.45	218.60	231.05	210.90	1.424 times
10 Fri May 2024	218.60	219.90	220.50	206.25	1.31 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

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
16 Thu May 2024	218.45	225.70	231.05	206.25	0.255 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sagar Cements ( (SAGCEM) ) based on a short 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 Sagar Cements ( (SAGCEM) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sagar Cements in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sagar Cements 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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

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 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 216.73 and Sagar Cements (SAGCEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.