Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SAROJA_SM) Saroja Pharma complete technical analysis [charts+indicators] | Buy/Sell Saroja Pharma | (SAROJA_SM) share price targets

Complete technical analysis of Saroja Pharma (SAROJA_SM) by charts plus indicators, forecast predictions and share price targets for Saroja Pharma (SAROJA_SM)

Showing technical analysis as on 2024-07-22 View latest technical analysis

10 day averaged volume of Saroja Pharma is 4000

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	41.65	42.70	43.00	41.65	2.4 times
18 Thu Jul 2024	42.70	42.70	42.70	42.70	0.4 times
16 Tue Jul 2024	42.70	42.65	42.70	42.65	0.8 times
12 Fri Jul 2024	41.70	42.40	42.40	41.70	0.8 times
11 Thu Jul 2024	42.40	44.90	44.90	42.40	1.2 times
08 Mon Jul 2024	43.20	43.20	43.20	43.20	1.2 times
05 Fri Jul 2024	44.00	43.85	44.00	43.85	2 times
04 Thu Jul 2024	44.00	42.90	44.30	42.90	1.2 times
03 Wed Jul 2024	42.90	42.00	42.90	41.50	1.2 times
02 Tue Jul 2024	43.00	43.00	43.00	43.00	0.8 times

Stock of Saroja Pharma (SAROJA_SM) has showed a significant fall. This could be a good time to exit from this stock.

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 41.4 as stoploss in an intra day buy trade for a target of 42.66. However, stock will show a bearish move below 41.4.

Share price targets for Saroja Pharma (SAROJA_SM)

Target Type	Value
Downside Target	33.10
Downside Target	35.00
Downside Target	36.30
Downside Target	41.50
Upside Target	43.00
Upside Target	44.30
Upside Target	44.90
Upside Target	46.45
Upside Target	47.25
Upside Target	48.30
Upside Target	49.00

Intraday share price targets for Saroja Pharma (SAROJA_SM)

Target Type	Value
Downside Intraday Target	41.2
Downside Intraday Target	40.75
Upside Intraday Target	42.55
Upside Intraday Target	43.45
Upside Intraday Target	42.1

Weekly technical analysis of Saroja Pharma (SAROJA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	41.65	42.70	43.00	41.65	2 times
18 Thu Jul 2024	42.70	42.65	42.70	42.65	0.375 times
12 Fri Jul 2024	41.70	43.20	44.90	41.70	0.615 times
05 Fri Jul 2024	44.00	43.00	44.30	41.50	13 times
26 Wed Jun 2024	42.50	42.50	42.50	42.50	0.059 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Saroja Pharma (SAROJA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	41.65	43.00	44.90	41.50	0.526 times
26 Wed Jun 2024	42.50	48.30	48.30	33.10	1.39 times
31 Fri May 2024	41.00	46.40	49.00	36.30	1.323 times
30 Tue Apr 2024	46.45	36.40	46.45	36.40	0.242 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 Saroja Pharma (SAROJA_SM)

Price action analysis of Saroja Pharma ( (SAROJA_SM) ) 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 Saroja Pharma ( (SAROJA_SM) ) 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 Saroja Pharma ( (SAROJA_SM) ) based on a short to mid 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 Saroja Pharma ( (SAROJA_SM) ) 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 Saroja Pharma stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Saroja Pharma in short term and the sell signal is strong.

Saroja Pharma 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 above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Saroja Pharma in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Saroja Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.83 and Saroja Pharma (SAROJA_SM) 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 Saroja Pharma (SAROJA_SM) stock. Volume based technical analysis of Saroja Pharma (SAROJA_SM) stock is negative.

Saroja Pharma 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.