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(SONAMLTD) Sonam complete technical analysis [charts+indicators] | Buy/Sell Sonam | (SONAMLTD) share price targets

Complete technical analysis of Sonam (SONAMLTD) by charts plus indicators, forecast predictions and share price targets for Sonam (SONAMLTD)

Showing technical analysis as on 2025-03-07 View latest technical analysis

10 day averaged volume of Sonam is 90375

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	48.03	47.95	49.50	47.01	1.275 times
06 Thu Mar 2025	47.72	45.00	48.00	45.00	0.94 times
05 Wed Mar 2025	45.05	45.83	46.20	43.85	1.211 times
04 Tue Mar 2025	43.81	42.35	45.50	42.35	1.234 times
03 Mon Mar 2025	45.03	44.00	45.80	42.02	1.34 times
28 Fri Feb 2025	44.48	45.09	45.77	42.97	0.88 times
27 Thu Feb 2025	45.09	48.20	48.20	44.41	0.924 times
25 Tue Feb 2025	45.40	45.60	46.59	44.60	0.928 times
24 Mon Feb 2025	45.39	44.00	46.46	43.11	0.883 times
21 Fri Feb 2025	45.02	45.43	47.01	44.20	0.76 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.2 as stoploss in an intra day sell trade for a target of 46.64. However, stock will show a bullish move above 49.2.

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	35.20
Downside Target	42.02
Downside Target	45.00
Downside Target	46.00
Upside Target	48.20
Upside Target	49.50
Upside Target	53.89
Upside Target	58.78
Upside Target	59.40
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	43.53
Downside Intraday Target	39.04
Upside Intraday Target	51.01
Upside Intraday Target	54
Downside Intraday Target	46.52

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	48.03	44.00	49.50	42.02	1.66 times
28 Fri Feb 2025	44.48	44.00	48.20	42.97	0.397 times
21 Fri Feb 2025	45.02	44.11	48.90	42.49	1.039 times
14 Fri Feb 2025	45.71	52.60	53.89	45.00	0.199 times
07 Fri Feb 2025	52.50	59.98	68.00	48.90	0.606 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 Sonam (SONAMLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	48.03	44.00	49.50	42.02	0.091 times
28 Fri Feb 2025	44.48	59.98	68.00	42.49	0.619 times
26 Thu Sep 2024	76.50	54.01	80.95	49.00	2.427 times
30 Fri Aug 2024	53.87	57.55	58.78	46.00	0.729 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 Sonam (SONAMLTD)

Price action analysis of Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) based on a short 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 Sonam ( (SONAMLTD) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sonam ( (SONAMLTD) ) 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 Sonam stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sonam in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sonam 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sonam 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

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

Stock of Sonam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.52 and Sonam (SONAMLTD) 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 Sonam (SONAMLTD) stock. Volume based technical analysis of Sonam (SONAMLTD) stock is negative.

Sonam Stock is giving positive 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.