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

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

Sanghi Industries trades in NSE in Cement & Cement Products sector.

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

10 day averaged volume of Sanghi Industries is 3979598

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	121.95	126.00	126.10	121.40	0.133 times
01 Thu Feb 2024	125.25	131.80	131.80	123.75	0.315 times
31 Wed Jan 2024	127.25	122.00	127.25	121.20	0.38 times
30 Tue Jan 2024	121.20	121.00	121.85	120.05	0.634 times
29 Mon Jan 2024	120.50	119.35	121.15	119.30	0.426 times
25 Thu Jan 2024	120.35	120.45	120.70	119.25	0.489 times
24 Wed Jan 2024	120.20	120.40	120.65	120.00	0.771 times
23 Tue Jan 2024	120.30	120.55	121.00	120.20	0.568 times
22 Mon Jan 2024	120.35	121.25	121.45	120.00	1.182 times
19 Fri Jan 2024	120.50	121.50	123.40	120.30	1.592 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 118.7 as stoploss in an intra day buy trade for a target of 128.09. However, stock will show a bearish move below 118.7.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	93.05
Downside Target	112.45
Downside Target	116.70
Downside Target	119.25
Upside Target	125.45
Upside Target	131.80
Upside Target	135.00
Upside Target	140.00
Upside Target	142.90
Upside Target	156.00

Intraday share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Intraday Target	116.9
Downside Intraday Target	111.85
Upside Intraday Target	129.4
Upside Intraday Target	136.85
Upside Intraday Target	124.35

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	121.95	119.35	131.80	119.30	0.627 times
25 Thu Jan 2024	120.35	121.25	121.45	119.25	0.423 times
19 Fri Jan 2024	120.50	145.00	156.00	120.25	3.742 times
12 Fri Jan 2024	142.90	129.70	142.90	126.00	2.627 times
05 Fri Jan 2024	129.70	127.00	135.00	125.45	1.737 times

Price has moved up 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 Sanghi Industries (SANGHIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	121.95	131.80	131.80	121.40	0.032 times
31 Wed Jan 2024	127.25	127.00	156.00	119.25	2.735 times
29 Fri Dec 2023	126.90	122.40	140.00	122.05	1.832 times
30 Thu Nov 2023	121.25	115.85	121.30	112.45	0.266 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 Sanghi Industries (SANGHIIND)

Price action analysis of Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries ( (SANGHIIND) ) based on a short to mid 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 Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Sanghi Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Sanghi 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 Sanghi 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 121.13 and Sanghi Industries (SANGHIIND) 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 Sanghi Industries (SANGHIIND) stock. Volume based technical analysis of Sanghi Industries (SANGHIIND) stock is negative.

Sanghi Industries Stock is giving positive 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.