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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 2024-07-23 View latest technical analysis

10 day averaged volume of Sanghi Industries is 921423

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	95.98	99.00	99.00	94.40	0.752 times
22 Mon Jul 2024	97.27	95.15	98.01	94.61	0.54 times
19 Fri Jul 2024	96.25	98.37	98.98	95.71	0.658 times
18 Thu Jul 2024	98.37	101.75	102.25	98.05	1.441 times
16 Tue Jul 2024	100.16	96.79	100.88	96.61	2.456 times
15 Mon Jul 2024	96.78	97.24	97.24	95.50	0.426 times
12 Fri Jul 2024	96.23	96.60	97.42	95.79	0.495 times
11 Thu Jul 2024	96.09	96.46	97.12	95.50	0.616 times
10 Wed Jul 2024	95.93	99.00	99.05	94.52	1.222 times
09 Tue Jul 2024	98.62	97.81	99.06	97.51	0.831 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.6, but if it comes above 96.6, then a intra day buy could be more profitable.
If you take a sell trade below 96.6, then use 96.6 as stoploss and 93.8 as target. However if you take a buy trade in stock , then use 96.6 as stoploss and 98.88 as target.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	82.90
Downside Target	89.50
Downside Target	94.40
Upside Target	100.67
Upside Target	102.25
Upside Target	102.70
Upside Target	103.09
Upside Target	105.59
Upside Target	112.62
Upside Target	113.00

Intraday share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Intraday Target	93.92
Downside Intraday Target	91.86
Upside Intraday Target	98.52
Upside Intraday Target	101.06
Upside Intraday Target	96.46

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	95.98	95.15	99.00	94.40	0.259 times
19 Fri Jul 2024	96.25	97.24	102.25	95.50	1.112 times
12 Fri Jul 2024	96.23	100.00	100.67	94.52	0.573 times
05 Fri Jul 2024	99.91	99.90	103.09	97.92	0.549 times
28 Fri Jun 2024	99.04	99.05	105.59	96.50	2.637 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 Sanghi Industries (SANGHIIND)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	95.98	99.90	103.09	94.40	0.535 times
28 Fri Jun 2024	99.04	95.00	112.62	84.10	3.411 times
31 Fri May 2024	90.45	94.00	97.70	85.65	0.647 times
30 Tue Apr 2024	93.45	92.00	102.70	89.50	0.56 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sanghi Industries ( (SANGHIIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Sanghi Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Sanghi Industries in short term and SELL 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

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 97.81 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 positive

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