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

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

10 day averaged volume of Sona Hi is 35000

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Oct 2023	71.20	71.20	71.20	71.20	0.286 times
28 Thu Sep 2023	67.85	67.85	67.85	67.85	0.286 times
25 Mon Sep 2023	65.10	65.10	65.10	65.10	0.286 times
21 Thu Sep 2023	63.10	63.10	63.10	63.10	0.143 times
18 Mon Sep 2023	61.10	61.10	61.10	61.10	0.143 times
15 Fri Sep 2023	61.50	61.50	61.50	61.50	0.143 times
11 Mon Sep 2023	59.10	60.20	60.20	59.10	1.429 times
08 Fri Sep 2023	58.50	58.50	58.50	58.50	0.143 times
29 Tue Aug 2023	56.05	56.05	56.05	56.05	0.286 times
28 Mon Aug 2023	54.35	54.35	54.35	54.35	4.429 times

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 74.8, for a target of 63.3 or 53.72

Share price targets for Sona Hi (SONAHISONA_SM)

Target Type	Value
Downside Target	30.95
Downside Target	32.50
Downside Target	43.30
Downside Target	45.45
Downside Target	54.35
Downside Target	56.05
Downside Target	58.50
Downside Target	61.10
Downside Target	63.10
Downside Target	65.10
Downside Target	67.85
Downside Target	71.20

Intraday share price targets for Sona Hi (SONAHISONA_SM)

Target Type	Value
Downside Intraday Target	71.2
Downside Intraday Target	71.2
Downside Intraday Target	71.2
Downside Intraday Target	71.2
Downside Intraday Target	71.2

Weekly technical analysis of Sona Hi (SONAHISONA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Oct 2023	71.20	71.20	71.20	71.20	0.5 times
28 Thu Sep 2023	67.85	65.10	67.85	65.10	2 times
21 Thu Sep 2023	63.10	61.10	63.10	61.10	0.182 times
15 Fri Sep 2023	61.50	60.20	61.50	59.10	0.324 times
08 Fri Sep 2023	58.50	54.35	58.50	54.35	0.63 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 Hi (SONAHISONA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Oct 2023	71.20	71.20	71.20	71.20	0.111 times
28 Thu Sep 2023	67.85	58.50	67.85	58.50	0.196 times
29 Tue Aug 2023	56.05	45.45	56.05	45.45	3.067 times
27 Thu Jul 2023	43.30	32.50	43.30	32.50	30 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 Hi (SONAHISONA_SM)

Price action analysis of Sona Hi ( (SONAHISONA_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Sona Hi 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 Hi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

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

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.37 and Sona Hi (SONAHISONA_SM) 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 Hi (SONAHISONA_SM) stock. Volume based technical analysis of Sona Hi (SONAHISONA_SM) stock is negative.

Sona Hi 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.