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(SONUINFRA_SM) Sonu Infratech complete technical analysis [charts+indicators] | Buy/Sell Sonu Infratech | (SONUINFRA_SM) share price targets

Complete technical analysis of Sonu Infratech (SONUINFRA_SM) by charts plus indicators, forecast predictions and share price targets for Sonu Infratech (SONUINFRA_SM)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Sonu Infratech is 28800

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	53.20	53.20	53.20	53.20	0.104 times
01 Fri Mar 2024	54.00	57.80	57.80	53.70	1.979 times
29 Thu Feb 2024	55.75	59.00	59.00	55.75	0.417 times
28 Wed Feb 2024	55.90	55.90	55.90	55.90	0.104 times
27 Tue Feb 2024	55.00	55.95	56.05	55.00	0.938 times
26 Mon Feb 2024	56.05	56.05	56.05	56.00	0.833 times
23 Fri Feb 2024	56.15	54.70	56.15	54.00	0.938 times
22 Thu Feb 2024	56.00	58.40	58.40	56.00	0.938 times
21 Wed Feb 2024	56.05	57.80	61.00	54.80	2.917 times
20 Tue Feb 2024	53.55	54.50	54.50	53.55	0.417 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.3, but if it comes above 54.3, then a intra day buy could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 52.4 as target. However if you take a buy trade in stock , then use 54.3 as stoploss and 55.96 as target.

Share price targets for Sonu Infratech (SONUINFRA_SM)

Target Type	Value
Downside Target	51.00
Downside Target	53.15
Upside Target	55.00
Upside Target	57.80
Upside Target	60.00
Upside Target	61.00
Upside Target	62.95
Upside Target	63.00
Upside Target	64.00
Upside Target	68.95
Upside Target	71.95

Intraday share price targets for Sonu Infratech (SONUINFRA_SM)

Target Type	Value
Downside Intraday Target	51.27
Downside Intraday Target	49.33
Upside Intraday Target	57.07
Upside Intraday Target	60.93
Upside Intraday Target	55.13

Weekly technical analysis of Sonu Infratech (SONUINFRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	53.20	56.05	59.00	53.20	0.764 times
23 Fri Feb 2024	56.15	53.20	61.00	53.15	0.764 times
16 Fri Feb 2024	55.00	56.00	60.00	51.00	0.643 times
09 Fri Feb 2024	57.60	57.05	62.95	56.00	5.895 times
02 Fri Feb 2024	61.25	61.00	63.00	60.00	2.714 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 Sonu Infratech (SONUINFRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	53.20	57.80	57.80	53.20	0.074 times
29 Thu Feb 2024	55.75	63.00	63.00	51.00	1.263 times
31 Wed Jan 2024	63.00	53.25	71.95	53.25	2.13 times
29 Fri Dec 2023	56.85	63.00	64.00	55.00	0.301 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 Sonu Infratech (SONUINFRA_SM)

Price action analysis of Sonu Infratech ( (SONUINFRA_SM) ) 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 Sonu Infratech ( (SONUINFRA_SM) ) based on a short to mid 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 Sonu Infratech ( (SONUINFRA_SM) ) based on a mid to longer 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.

ADX buy sell signal for Sonu Infratech stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sonu Infratech in short term and the sell signal is strong.

Sonu Infratech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Sonu Infratech in short term and SELL 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 Sonu Infratech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.37 and Sonu Infratech (SONUINFRA_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sonu Infratech (SONUINFRA_SM) stock. Volume based technical analysis of Sonu Infratech (SONUINFRA_SM) stock is negative.

Sonu Infratech 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.