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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 2024-07-02 View latest technical analysis

10 day averaged volume of Somany Ceramics is 189128

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	821.50	828.85	831.80	812.00	0.265 times
01 Mon Jul 2024	828.85	836.90	842.45	821.45	0.479 times
28 Fri Jun 2024	832.40	807.00	844.00	804.50	0.929 times
27 Thu Jun 2024	803.75	839.00	872.60	800.05	1.82 times
26 Wed Jun 2024	814.95	764.90	836.90	760.00	2.531 times
25 Tue Jun 2024	758.45	783.85	803.00	754.10	0.943 times
24 Mon Jun 2024	779.50	745.75	797.00	742.70	1.801 times
21 Fri Jun 2024	742.70	740.00	748.80	733.85	0.39 times
20 Thu Jun 2024	732.90	741.75	757.40	731.05	0.336 times
19 Wed Jun 2024	734.40	742.15	747.90	726.10	0.36 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 796.5, but if it comes below 796.5, then a intra day sell could be more profitable.
If you take a sell trade below 796.5, then use 796.5 as stoploss and 753.67 as target. However if you take a buy trade in stock , then use 796.5 as stoploss and 847.8 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	561.20
Downside Target	583.00
Downside Target	615.00
Downside Target	653.40
Downside Target	688.40
Downside Target	713.25
Downside Target	741.95
Downside Target	807.85
Downside Target	812.00
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	808.18
Downside Intraday Target	794.87
Upside Intraday Target	838.63
Upside Intraday Target	855.77
Upside Intraday Target	825.32

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	821.50	836.90	842.45	812.00	0.093 times
28 Fri Jun 2024	832.40	745.75	872.60	742.70	5.361 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

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 Tue Jul 2024	821.50	836.90	842.45	812.00	0.057 times
28 Fri Jun 2024	832.40	729.00	872.60	657.00	0.608 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

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 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 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 losing 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 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 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 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 794.89 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.