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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.

Showing technical analysis as on 2024-06-27 View latest technical analysis

10 day averaged volume of Somany Ceramics is 155975

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	803.75	839.00	872.60	800.05	2.207 times
26 Wed Jun 2024	814.95	764.90	836.90	760.00	3.069 times
25 Tue Jun 2024	758.45	783.85	803.00	754.10	1.144 times
24 Mon Jun 2024	779.50	745.75	797.00	742.70	2.184 times
21 Fri Jun 2024	742.70	740.00	748.80	733.85	0.473 times
20 Thu Jun 2024	732.90	741.75	757.40	731.05	0.407 times
19 Wed Jun 2024	734.40	742.15	747.90	726.10	0.437 times
18 Tue Jun 2024	741.90	736.80	748.55	727.05	0.498 times
14 Fri Jun 2024	728.85	740.25	745.90	724.05	0.642 times
13 Thu Jun 2024	730.50	725.80	752.45	725.00	0.598 times

Stock of Somany Ceramics (SOMANYCERA) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 804.3, for a target of 767.7 or 737.25

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	561.20
Downside Target	583.00
Downside Target	615.00
Downside Target	649.05
Downside Target	688.40
Downside Target	713.25
Downside Target	741.95
Downside Target	755.00
Downside Target	757.40
Downside Target	762.00
Upside Target	807.85
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	740.1
Downside Intraday Target	676.45
Upside Intraday Target	870
Upside Intraday Target	936.25
Upside Intraday Target	806.35

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	803.75	745.75	872.60	742.70	4.74 times
21 Fri Jun 2024	742.70	736.80	757.40	726.10	0.653 times
14 Fri Jun 2024	728.85	735.00	762.00	713.25	1.978 times
07 Fri Jun 2024	725.55	729.00	741.95	657.00	0.654 times
31 Fri May 2024	714.90	719.35	744.40	693.55	0.839 times

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

Monthly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	803.75	729.00	872.60	657.00	0.564 times
31 Fri May 2024	714.90	630.90	807.85	615.00	6.521 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 Somany Ceramics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Somany Ceramics in short term and the buy signal is strong.

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 buy signal for Somany Ceramics in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 779.64 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.