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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 2024-05-23 View latest technical analysis

10 day averaged volume of Sanghi Industries is 314896

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	95.65	94.00	97.70	93.95	2.563 times
22 Wed May 2024	94.40	94.40	95.20	93.75	0.668 times
21 Tue May 2024	94.15	93.00	95.90	91.65	1.762 times
18 Sat May 2024	92.20	92.10	93.00	92.10	0.138 times
17 Fri May 2024	92.30	93.50	93.50	91.80	0.577 times
16 Thu May 2024	92.85	92.20	93.60	92.20	0.629 times
15 Wed May 2024	92.20	91.95	93.10	90.85	1.236 times
14 Tue May 2024	91.30	89.60	92.50	89.40	1.19 times
13 Mon May 2024	89.50	88.75	90.00	87.45	1.256 times
10 Fri May 2024	87.85	87.05	88.95	85.65	1.464 times

Stock of Sanghi Industries (SANGHIIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 94.2, but if it comes below 94.2, then a intra day sell could be more profitable.
If you take a sell trade below 94.2, then use 94.2 as stoploss and 91.98 as target. However if you take a buy trade in stock , then use 94.2 as stoploss and 96.9 as target.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	82.90
Downside Target	85.65
Downside Target	87.45
Downside Target	89.50
Downside Target	91.60
Downside Target	93.60
Upside Target	97.70
Upside Target	102.70
Upside Target	107.00
Upside Target	113.00
Upside Target	119.25
Upside Target	131.80
Upside Target	156.00

Intraday share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Intraday Target	92.3
Downside Intraday Target	88.95
Upside Intraday Target	98.35
Upside Intraday Target	101.05
Downside Intraday Target	95

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	95.65	93.00	97.70	91.65	0.993 times
18 Sat May 2024	92.20	88.75	93.60	87.45	0.518 times
10 Fri May 2024	87.85	94.10	94.45	85.65	0.873 times
03 Fri May 2024	93.95	96.35	98.85	91.60	0.827 times
26 Fri Apr 2024	92.95	94.55	97.90	89.50	2.296 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
23 Thu May 2024	95.65	94.00	97.70	85.65	0.499 times
30 Tue Apr 2024	93.45	92.00	102.70	89.50	0.56 times
28 Thu Mar 2024	90.35	110.45	113.00	82.90	2.19 times
29 Thu Feb 2024	109.30	131.80	131.80	107.00	0.209 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sanghi Industries in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sanghi Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 92.49 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.