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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 2024-10-21 View latest technical analysis

10 day averaged volume of Somany Ceramics is 16225

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	693.65	696.20	705.40	684.75	1.287 times
18 Fri Oct 2024	701.90	706.90	707.00	691.50	0.745 times
17 Thu Oct 2024	703.55	700.00	717.00	695.05	1.298 times
16 Wed Oct 2024	700.85	703.30	706.85	695.00	0.552 times
15 Tue Oct 2024	703.30	712.15	712.15	700.00	0.995 times
14 Mon Oct 2024	708.60	723.90	723.90	705.05	0.805 times
11 Fri Oct 2024	720.25	720.45	724.80	702.10	1.274 times
10 Thu Oct 2024	716.85	714.60	726.00	709.55	0.598 times
09 Wed Oct 2024	710.90	709.00	718.45	703.60	1.579 times
08 Tue Oct 2024	715.85	706.80	719.00	700.30	0.58 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 700.5, but if it comes above 700.5, then a intra day buy could be more profitable.
If you take a sell trade below 700.5, then use 700.5 as stoploss and 686.9 as target. However if you take a buy trade in stock , then use 700.5 as stoploss and 711.85 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	657.00
Downside Target	676.95
Upside Target	723.90
Upside Target	729.45
Upside Target	736.15
Upside Target	739.30
Upside Target	739.90
Upside Target	788.00
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	683.8
Downside Intraday Target	673.95
Upside Intraday Target	704.45
Upside Intraday Target	715.25
Upside Intraday Target	694.6

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	693.65	696.20	705.40	684.75	0.293 times
18 Fri Oct 2024	701.90	723.90	723.90	691.50	0.784 times
11 Fri Oct 2024	720.25	739.90	739.90	693.55	0.58 times
04 Fri Oct 2024	729.10	703.00	739.30	691.30	0.902 times
27 Fri Sep 2024	701.10	727.80	729.45	676.95	1.541 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
21 Mon Oct 2024	693.65	732.20	739.90	684.75	0.464 times
30 Mon Sep 2024	728.55	723.70	736.15	676.95	0.634 times
30 Fri Aug 2024	720.05	779.55	788.00	688.00	0.69 times
31 Wed Jul 2024	775.65	836.90	842.45	716.00	0.556 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 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 Somany Ceramics ( (SOMANYCERA) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Somany Ceramics in short term and the sell signal is strong.

Somany Ceramics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Somany Ceramics 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 Somany Ceramics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 707.29 and Somany Ceramics (SOMANYCERA) 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 Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics 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.