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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 2024-08-05 View latest technical analysis

10 day averaged volume of Sanghi Industries is 733267

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	91.24	91.70	93.50	90.98	0.79 times
02 Fri Aug 2024	94.86	94.00	96.20	93.79	0.544 times
01 Thu Aug 2024	94.73	96.44	96.44	94.42	0.685 times
31 Wed Jul 2024	95.70	96.03	96.76	95.50	0.884 times
30 Tue Jul 2024	96.03	97.95	97.95	95.25	1.045 times
29 Mon Jul 2024	97.36	99.89	101.75	96.90	2.704 times
26 Fri Jul 2024	99.23	96.80	100.49	96.35	1.648 times
25 Thu Jul 2024	96.13	95.75	96.90	95.12	0.471 times
24 Wed Jul 2024	96.62	96.10	97.40	96.10	0.395 times
23 Tue Jul 2024	95.98	99.00	99.00	94.40	0.945 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 92.5, for a target of 94.7 or 96.53

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	84.10
Downside Target	89.50
Upside Target	93.50
Upside Target	97.70
Upside Target	100.49
Upside Target	100.67
Upside Target	101.75
Upside Target	102.25
Upside Target	102.70
Upside Target	103.09
Upside Target	112.62

Intraday share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Intraday Target	90.31
Downside Intraday Target	89.39
Upside Intraday Target	92.83
Upside Intraday Target	94.43
Upside Intraday Target	91.91

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	91.24	91.70	93.50	90.98	0.135 times
02 Fri Aug 2024	94.86	99.89	101.75	93.79	1.417 times
26 Fri Jul 2024	99.23	95.15	100.49	94.40	0.661 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

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
05 Mon Aug 2024	91.24	96.44	96.44	90.98	0.066 times
31 Wed Jul 2024	95.70	99.90	103.09	94.40	0.698 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

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sanghi Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 96.38 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.