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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 2024-06-03 View latest technical analysis

10 day averaged volume of Sanco Industries is 22961

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	7.45	7.80	8.15	7.45	1.698 times
27 Mon May 2024	7.80	7.90	7.90	7.80	0.023 times
21 Tue May 2024	7.90	7.90	7.90	7.50	1.12 times
13 Mon May 2024	7.90	7.90	7.90	7.90	1.629 times
06 Mon May 2024	7.55	7.20	7.55	7.20	1.543 times
29 Mon Apr 2024	7.20	7.20	7.20	6.55	2.296 times
22 Mon Apr 2024	6.90	6.90	6.90	6.90	2.137 times
16 Tue Apr 2024	6.60	6.60	6.60	6.60	0.066 times
15 Mon Apr 2024	6.30	6.30	6.30	6.30	0.55 times
12 Fri Apr 2024	6.00	6.00	6.00	6.00	0.361 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.3, but if it comes below 7.3, then a intra day sell could be more profitable.
If you take a sell trade below 7.3, then use 7.3 as stoploss and 5.96 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 8.9 as target.

Share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Target	3.95
Downside Target	6.55
Downside Target	6.90
Downside Target	7.20
Downside Target	7.45
Upside Target	7.80
Upside Target	7.90
Upside Target	8.00
Upside Target	8.15

Intraday share price targets for Sanco Industries (SANCO_BZ)

Target Type	Value
Downside Intraday Target	7.22
Downside Intraday Target	6.98
Upside Intraday Target	7.92
Upside Intraday Target	8.38
Upside Intraday Target	7.68

Weekly technical analysis of Sanco Industries (SANCO_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	7.45	7.80	8.15	7.45	72.48 times
27 Mon May 2024	7.80	7.90	7.90	7.80	0.009 times
21 Tue May 2024	7.90	7.90	7.90	7.50	1.781 times
06 Mon May 2024	7.55	7.20	7.55	7.20	0.672 times
29 Mon Apr 2024	7.20	7.20	7.20	6.55	1.074 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 Sanco Industries (SANCO_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	7.45	7.80	8.15	7.45	0.394 times
27 Mon May 2024	7.80	7.20	7.90	7.20	0.541 times
29 Mon Apr 2024	7.20	4.00	7.20	4.00	0.689 times
28 Thu Mar 2024	4.00	6.55	6.55	3.95	21.367 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 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 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 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 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 Sanco Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7.31 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.