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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 2024-08-20 View latest technical analysis

10 day averaged volume of Sanghi Industries is 453941

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	89.99	90.80	91.54	89.50	0.521 times
19 Mon Aug 2024	90.28	89.80	92.00	89.60	0.61 times
16 Fri Aug 2024	89.21	90.75	90.80	88.88	0.731 times
14 Wed Aug 2024	90.38	89.45	90.80	88.69	0.605 times
13 Tue Aug 2024	88.92	90.41	91.87	88.75	1.04 times
12 Mon Aug 2024	90.15	90.00	91.34	89.65	1.114 times
09 Fri Aug 2024	92.27	93.00	93.50	92.02	0.433 times
08 Thu Aug 2024	92.26	92.90	94.25	91.90	0.695 times
07 Wed Aug 2024	92.50	93.70	95.95	91.80	2.522 times
06 Tue Aug 2024	91.06	91.75	94.35	90.24	0.974 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 90.2, but if it comes above 90.2, then a intra day buy could be more profitable.
If you take a sell trade below 90.2, then use 90.2 as stoploss and 86.6 as target. However if you take a buy trade in stock , then use 90.2 as stoploss and 93.25 as target.

Share price targets for Sanghi Industries (SANGHIIND)

Target Type	Value
Downside Target	84.10
Downside Target	88.69
Upside Target	94.40
Upside Target	95.95
Upside Target	96.44
Upside Target	97.70
Upside Target	100.49
Upside Target	101.75
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	88.99
Downside Intraday Target	88
Upside Intraday Target	91.49
Upside Intraday Target	93
Upside Intraday Target	90.5

Weekly technical analysis of Sanghi Industries (SANGHIIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	89.99	89.80	92.00	89.50	0.324 times
16 Fri Aug 2024	89.21	90.00	91.87	88.69	0.592 times
09 Fri Aug 2024	92.27	91.70	95.95	90.24	0.623 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

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
20 Tue Aug 2024	89.99	96.44	96.44	88.69	0.254 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 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 neutral. A longer time frame might give a better analysis.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Sanghi Industries stock for short term is SELL. Signal strength is Weak 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 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 90.95 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.