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(SOMANYCERA) Somany Ceramics complete technical analysis [charts+indicators] | Buy/Sell Somany Ceramics | (SOMANYCERA) share price targets

Complete technical analysis of Somany Ceramics (SOMANYCERA) by charts plus indicators, forecast predictions and share price targets for Somany Ceramics (SOMANYCERA)

Somany Ceramics trades in NSE in Furniture-Furnishing-Paints sector.

10 day averaged volume of Somany Ceramics is 26391

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	629.90	630.90	643.30	626.10	0.898 times
30 Tue Apr 2024	630.90	637.75	640.60	628.30	1.67 times
29 Mon Apr 2024	637.50	648.00	648.00	628.55	1.385 times
26 Fri Apr 2024	641.90	649.90	653.40	634.00	1.038 times
25 Thu Apr 2024	646.45	636.00	651.00	626.00	0.881 times
24 Wed Apr 2024	636.45	630.55	644.35	627.55	0.711 times
23 Tue Apr 2024	627.45	612.45	631.00	612.45	1.299 times
22 Mon Apr 2024	612.35	602.05	617.00	601.00	0.885 times
19 Fri Apr 2024	602.05	603.00	615.75	586.60	0.732 times
18 Thu Apr 2024	606.95	601.50	611.90	600.90	0.522 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 633.3 as stoploss in an intra day sell trade for a target of 619.4. However, stock will show a bullish move above 633.3.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	561.20
Downside Target	583.00
Downside Target	601.00
Upside Target	648.00
Upside Target	649.05
Upside Target	653.40
Upside Target	661.60
Upside Target	688.40
Upside Target	739.00
Upside Target	755.00

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	621.33
Downside Intraday Target	612.77
Upside Intraday Target	643.23
Upside Intraday Target	656.57
Upside Intraday Target	634.67

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	629.90	648.00	648.00	626.10	0.821 times
26 Fri Apr 2024	641.90	602.05	653.40	601.00	1.532 times
19 Fri Apr 2024	602.05	604.30	616.25	586.60	0.986 times
12 Fri Apr 2024	612.30	631.45	631.45	607.70	0.344 times
05 Fri Apr 2024	623.65	584.00	628.00	583.00	1.163 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 Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	629.90	630.90	643.30	626.10	0.038 times
30 Tue Apr 2024	630.90	584.00	653.40	583.00	0.64 times
28 Thu Mar 2024	577.35	657.05	688.40	561.20	0.733 times
29 Thu Feb 2024	655.10	712.00	755.00	649.05	1.474 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 Somany Ceramics (SOMANYCERA)

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) based on a short to mid 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Somany Ceramics 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.

Somany Ceramics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 Somany Ceramics in short term but SELL signal is weak.

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 Somany Ceramics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 629.18 and Somany Ceramics (SOMANYCERA) 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 Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics Stock is giving positive 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.