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(SONACOMS) Sona Blw complete technical analysis [charts+indicators] | Buy/Sell Sona Blw | (SONACOMS) share price targets

Complete technical analysis of Sona Blw (SONACOMS) by charts plus indicators, forecast predictions and share price targets for Sona Blw (SONACOMS)

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Sona Blw is 2546205

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	699.60	689.90	704.70	685.10	1.022 times
22 Fri Mar 2024	691.45	676.80	698.70	674.05	0.918 times
21 Thu Mar 2024	678.90	644.85	687.70	644.60	1.207 times
20 Wed Mar 2024	637.85	649.90	653.55	631.10	0.532 times
19 Tue Mar 2024	653.80	664.00	664.40	648.00	0.418 times
18 Mon Mar 2024	663.05	645.00	669.10	645.00	0.927 times
15 Fri Mar 2024	641.60	639.00	647.15	626.40	0.774 times
14 Thu Mar 2024	638.90	629.30	648.00	622.05	1.038 times
13 Wed Mar 2024	642.50	684.00	688.05	603.65	2.731 times
12 Tue Mar 2024	686.95	703.45	708.00	679.50	0.547 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 693.2, but if it comes below 693.2, then a intra day sell could be more profitable.
If you take a sell trade below 693.2, then use 693.2 as stoploss and 672.93 as target. However if you take a buy trade in stock , then use 693.2 as stoploss and 717.5 as target.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	531.60
Downside Target	562.10
Downside Target	580.00
Downside Target	603.65
Downside Target	631.10
Downside Target	685.10
Downside Target	695.25
Downside Target	698.70
Upside Target	704.70
Upside Target	715.20
Upside Target	718.85

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	688.23
Downside Intraday Target	676.87
Upside Intraday Target	707.83
Upside Intraday Target	716.07
Downside Intraday Target	696.47

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	699.60	689.90	704.70	685.10	0.255 times
22 Fri Mar 2024	691.45	645.00	698.70	631.10	0.667 times
15 Fri Mar 2024	641.60	690.00	715.20	603.65	2.486 times
07 Thu Mar 2024	684.35	694.20	695.25	663.15	0.319 times
02 Sat Mar 2024	694.20	650.00	718.85	643.05	1.436 times

Price has moved up 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 Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	699.60	693.35	715.20	603.65	0.843 times
29 Thu Feb 2024	689.35	622.15	718.85	580.00	1.166 times
31 Wed Jan 2024	618.20	646.00	669.95	562.10	0.81 times
29 Fri Dec 2023	644.50	563.50	651.65	531.60	2.009 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 Sona Blw (SONACOMS)

Price action analysis of Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) 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 Sona Blw stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sona Blw 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.

Sona Blw Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sona Blw in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sona Blw is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 661.13 and Sona Blw (SONACOMS) 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 Sona Blw (SONACOMS) stock. Volume based technical analysis of Sona Blw (SONACOMS) stock is negative.

Sona Blw Stock has given negative 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.