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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 2024-03-14 View latest technical analysis

10 day averaged volume of Saksoft is 174935

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	229.25	213.05	229.25	209.95	0.77 times
13 Wed Mar 2024	218.35	237.00	237.95	218.35	1.407 times
12 Tue Mar 2024	229.85	243.00	245.00	226.90	1.266 times
11 Mon Mar 2024	238.80	245.00	247.80	238.15	1.005 times
07 Thu Mar 2024	238.90	241.05	241.90	234.90	1.292 times
06 Wed Mar 2024	241.05	252.30	252.95	240.00	1.7 times
05 Tue Mar 2024	252.30	261.20	264.20	251.00	1.221 times
04 Mon Mar 2024	261.15	268.55	270.00	258.00	1.06 times
02 Sat Mar 2024	268.55	273.95	274.00	260.15	0.253 times
01 Fri Mar 2024	271.65	275.00	275.00	271.00	0.393 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 240.4, but if it comes above 240.4, then a intra day buy could be more profitable.
If you take a sell trade below 240.4, then use 240.4 as stoploss and 216.5 as target. However if you take a buy trade in stock , then use 240.4 as stoploss and 260.37 as target.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	209.95
Upside Target	234.90
Upside Target	247.80
Upside Target	257.30
Upside Target	268.80
Upside Target	283.50
Upside Target	289.65
Upside Target	309.75
Upside Target	312.15
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	210.2
Downside Intraday Target	191.15
Upside Intraday Target	248.05
Upside Intraday Target	266.85
Downside Intraday Target	229

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	229.25	245.00	247.80	209.95	0.844 times
07 Thu Mar 2024	238.90	268.55	270.00	234.90	2.021 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

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
14 Thu Mar 2024	229.25	275.00	275.00	209.95	1.018 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Saksoft 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 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 240.45 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.