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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 2024-02-16 View latest technical analysis

10 day averaged volume of Sanghi Industries is 745061

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	114.60	112.45	116.00	112.40	0.455 times
15 Thu Feb 2024	112.35	110.25	114.80	110.25	0.53 times
14 Wed Feb 2024	110.25	110.00	113.45	109.55	0.566 times
13 Tue Feb 2024	111.80	109.10	113.95	108.00	0.688 times
12 Mon Feb 2024	109.55	115.00	116.85	108.00	0.915 times
09 Fri Feb 2024	114.50	116.10	121.95	114.00	2.098 times
08 Thu Feb 2024	118.75	120.90	120.90	117.80	0.466 times
07 Wed Feb 2024	120.05	118.00	123.90	116.45	1.773 times
06 Tue Feb 2024	115.25	120.05	120.45	114.25	1.3 times
05 Mon Feb 2024	119.90	121.60	123.40	118.45	0.951 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 113.6 as stoploss in an intra day buy trade for a target of 118.24. However, stock will show a bearish move below 113.6.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	93.05
Downside Target	108.00
Downside Target	112.45
Upside Target	116.70
Upside Target	119.25
Upside Target	122.05
Upside Target	123.90
Upside Target	131.80
Upside Target	140.00
Upside Target	156.00

Intraday share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Intraday Target	109.45
Downside Intraday Target	104.3
Upside Intraday Target	118.3
Upside Intraday Target	122
Downside Intraday Target	113.15

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	114.60	115.00	116.85	108.00	0.479 times
09 Fri Feb 2024	114.50	121.60	123.90	114.00	0.653 times
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

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
16 Fri Feb 2024	114.60	131.80	131.80	108.00	0.16 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries ( (SANGHIIND) ) 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 Sanghi Industries stock for short term is SELL. 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.

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

Sanghi Industries 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 buy signal for Sanghi Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sanghi Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 115.33 and Sanghi Industries (SANGHIIND) 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 Sanghi Industries (SANGHIIND) stock. Volume based technical analysis of Sanghi Industries (SANGHIIND) stock is negative.

Sanghi Industries 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.