Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SAKSOFT) Saksoft complete technical analysis [charts+indicators] | Buy/Sell Saksoft | (SAKSOFT) share price targets

Complete technical analysis of Saksoft (SAKSOFT) by charts plus indicators, forecast predictions and share price targets for Saksoft (SAKSOFT)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Saksoft is 182071

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	270.55	280.00	280.00	270.00	1.293 times
20 Tue Feb 2024	281.35	284.00	287.70	280.00	0.419 times
19 Mon Feb 2024	284.20	285.15	289.65	280.50	0.441 times
16 Fri Feb 2024	285.15	289.35	295.00	280.00	0.654 times
15 Thu Feb 2024	289.35	307.85	309.75	283.65	0.886 times
14 Wed Feb 2024	298.55	284.75	298.55	272.05	0.869 times
13 Tue Feb 2024	284.35	260.65	284.35	257.30	1.444 times
12 Mon Feb 2024	270.85	285.00	285.00	270.85	0.755 times
08 Wed Nov 2023	367.95	370.95	385.00	362.50	1.012 times
07 Tue Nov 2023	372.05	392.00	400.00	369.65	1.844 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 290.1, but if it comes above 290.1, then a intra day buy could be more profitable.
If you take a sell trade below 290.1, then use 290.1 as stoploss and 240.2 as target. However if you take a buy trade in stock , then use 290.1 as stoploss and 331.66 as target.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	257.30
Downside Target	270.00
Upside Target	289.65
Upside Target	303.00
Upside Target	309.75
Upside Target	324.60
Upside Target	350.00
Upside Target	362.50
Upside Target	377.00
Upside Target	385.65
Upside Target	393.85
Upside Target	400.00
Upside Target	402.20

Intraday share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Intraday Target	263.82
Downside Intraday Target	257.08
Upside Intraday Target	283.47
Upside Intraday Target	296.38
Upside Intraday Target	276.73

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	270.55	285.15	289.65	270.00	0.467 times
16 Fri Feb 2024	285.15	285.00	309.75	257.30	1.017 times
08 Wed Nov 2023	367.95	374.80	400.00	362.50	0.811 times
03 Fri Nov 2023	371.50	350.00	385.65	350.00	0.948 times
27 Fri Oct 2023	349.85	388.30	393.85	327.45	0.742 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 Saksoft (SAKSOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	270.55	285.00	309.75	257.30	1.031 times
08 Wed Nov 2023	367.95	378.80	400.00	362.50	0.231 times
31 Tue Oct 2023	376.20	335.00	402.20	324.60	1.156 times
29 Fri Sep 2023	326.60	320.45	354.45	312.15	0.662 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 Saksoft (SAKSOFT)

Price action analysis of Saksoft ( (SAKSOFT) ) 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 Saksoft ( (SAKSOFT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Saksoft ( (SAKSOFT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Saksoft ( (SAKSOFT) ) 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 Saksoft stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Saksoft 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 Saksoft in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Saksoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 308.7 and Saksoft (SAKSOFT) 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 Saksoft (SAKSOFT) stock. Volume based technical analysis of Saksoft (SAKSOFT) stock is negative.

Saksoft 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.