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(SANCO_BZ) Sanco Industries complete technical analysis [charts+indicators] | Buy/Sell Sanco Industries | (SANCO_BZ) share price targets

Complete technical analysis of Sanco Industries (SANCO_BZ) by charts plus indicators, forecast predictions and share price targets for Sanco Industries (SANCO_BZ)

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Sanco Industries is 33231

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	8.40	8.80	8.80	8.40	0.109 times
23 Tue Jan 2024	8.85	8.85	8.85	8.85	0.326 times
19 Fri Jan 2024	9.30	9.30	9.30	9.00	2.073 times
18 Thu Jan 2024	8.90	8.90	8.90	8.90	1.776 times
17 Wed Jan 2024	8.50	8.45	8.50	8.45	1.099 times
16 Tue Jan 2024	8.10	8.10	8.10	8.10	1.245 times
15 Mon Jan 2024	7.75	7.65	7.75	7.65	0.37 times
12 Fri Jan 2024	7.40	6.80	7.45	6.80	0.835 times
11 Thu Jan 2024	7.10	7.15	7.20	6.65	1.242 times
10 Wed Jan 2024	6.90	6.70	6.90	6.60	0.51 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.3, but if it comes below 8.3, then a intra day sell could be more profitable.
If you take a sell trade below 8.3, then use 8.3 as stoploss and 7.29 as target. However if you take a buy trade in stock , then use 8.3 as stoploss and 9.5 as target.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	5.20
Downside Target	5.70
Downside Target	6.00
Downside Target	6.20
Downside Target	6.85
Downside Target	7.05
Downside Target	7.25
Downside Target	7.45
Downside Target	7.60
Downside Target	7.95
Downside Target	8.40
Upside Target	8.80
Upside Target	8.85
Upside Target	9.30

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	8.27
Downside Intraday Target	8.13
Upside Intraday Target	8.67
Upside Intraday Target	8.93
Upside Intraday Target	8.53

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	8.40	8.80	8.80	8.40	0.334 times
23 Tue Jan 2024	8.85	8.85	8.85	8.85	0.05 times
19 Fri Jan 2024	9.30	7.65	9.30	7.65	1.845 times
12 Fri Jan 2024	7.40	6.80	7.45	6.20	1.765 times
05 Fri Jan 2024	6.75	6.40	6.85	6.00	0.89 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 Sanco Industries (SANCO_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	8.40	6.40	9.30	6.00	1.165 times
29 Fri Dec 2023	6.40	7.00	7.05	5.70	3.079 times
30 Thu Nov 2023	6.70	6.35	7.25	6.05	0.815 times
31 Tue Oct 2023	6.35	6.85	7.60	6.25	0.619 times

Scroll below to view daily charts

Price has moved up 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 Sanco Industries (SANCO_BZ)

Price action analysis of Sanco Industries ( (SANCO_BZ) ) 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 Sanco Industries ( (SANCO_BZ) ) 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 Sanco Industries ( (SANCO_BZ) ) 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 Sanco Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sanco Industries in short term and the buy signal is strong.

Sanco Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Sanco Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Sanco Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.31 and Sanco Industries (SANCO_BZ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sanco Industries (SANCO_BZ) stock. Volume based technical analysis of Sanco Industries (SANCO_BZ) stock is negative.

Sanco Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.