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(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 2024-03-06 View latest technical analysis

10 day averaged volume of Saksoft is 106265

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	241.05	252.30	252.95	240.00	2.798 times
05 Tue Mar 2024	252.30	261.20	264.20	251.00	2.011 times
04 Mon Mar 2024	261.15	268.55	270.00	258.00	1.745 times
02 Sat Mar 2024	268.55	273.95	274.00	260.15	0.417 times
01 Fri Mar 2024	271.65	275.00	275.00	271.00	0.647 times
29 Thu Feb 2024	270.55	274.95	274.95	266.00	0.662 times
28 Wed Feb 2024	267.95	271.95	275.80	265.00	0.853 times
27 Tue Feb 2024	270.50	275.00	278.15	266.55	0.685 times
26 Mon Feb 2024	273.10	283.50	283.50	272.00	1.031 times
23 Fri Feb 2024	279.15	280.50	281.95	276.40	0.691 times

Stock of Saksoft (SAKSOFT) 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 254.1, but if it comes above 254.1, then a intra day buy could be more profitable.
If you take a sell trade below 254.1, then use 254.1 as stoploss and 225.2 as target. However if you take a buy trade in stock , then use 254.1 as stoploss and 278.16 as target.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	240.00
Upside Target	257.30
Upside Target	268.80
Upside Target	283.50
Upside Target	289.65
Upside Target	309.75
Upside Target	324.60
Upside Target	354.45
Upside Target	362.50
Upside Target	400.00
Upside Target	402.20

Intraday share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Intraday Target	230.7
Downside Intraday Target	220.35
Upside Intraday Target	260.7
Upside Intraday Target	280.35
Upside Intraday Target	250.35

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	241.05	268.55	270.00	240.00	1.526 times
02 Sat Mar 2024	268.55	283.50	283.50	260.15	0.762 times
23 Fri Feb 2024	279.15	285.15	289.65	268.80	0.714 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

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 Saksoft (SAKSOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	241.05	275.00	275.00	240.00	0.454 times
29 Thu Feb 2024	270.55	285.00	309.75	257.30	1.492 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

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 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 Saksoft ( (SAKSOFT) ) based on a mid to longer 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.

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Saksoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 259.33 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.