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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 2024-03-22 View latest technical analysis

10 day averaged volume of Sonu Infratech is 39000

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	61.75	55.00	63.90	53.35	3.692 times
21 Thu Mar 2024	58.30	56.85	58.90	54.00	6.462 times
20 Wed Mar 2024	49.10	47.95	49.10	46.40	1 times
18 Mon Mar 2024	40.95	40.95	40.95	40.95	0.077 times
15 Fri Mar 2024	40.95	40.95	40.95	40.95	0.077 times
13 Wed Mar 2024	40.95	40.75	40.95	39.00	0.692 times
12 Tue Mar 2024	43.55	43.30	47.00	43.30	0.769 times
11 Mon Mar 2024	48.45	53.90	53.90	48.00	0.462 times
07 Thu Mar 2024	53.00	52.95	53.00	52.95	0.154 times
06 Wed Mar 2024	50.50	51.00	51.00	50.50	0.231 times

Stock of Sonu Infratech (SONUINFRA_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.6, but if it comes below 57.6, then a intra day sell could be more profitable.
If you take a sell trade below 57.6, then use 57.6 as stoploss and 51.71 as target. However if you take a buy trade in stock , then use 57.6 as stoploss and 64.6 as target.

Share price targets for Sonu Infratech (SONUINFRA_SM)

Target Type	Value
Downside Target	39.00
Downside Target	40.95
Downside Target	50.50
Downside Target	53.00
Downside Target	55.00
Downside Target	58.00
Downside Target	61.00
Upside Target	63.00
Upside Target	63.90
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	47.17
Downside Intraday Target	32.58
Upside Intraday Target	70.12
Upside Intraday Target	78.48
Downside Intraday Target	55.53

Weekly technical analysis of Sonu Infratech (SONUINFRA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	61.75	40.95	63.90	40.95	5.615 times
15 Fri Mar 2024	40.95	53.90	53.90	39.00	3.25 times
07 Thu Mar 2024	53.00	51.60	53.00	50.50	0.19 times
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

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 Sonu Infratech (SONUINFRA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	61.75	57.80	63.90	39.00	0.743 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 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 Sonu Infratech (SONUINFRA_SM)

Price action analysis of Sonu Infratech ( (SONUINFRA_SM) ) 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 Sonu Infratech ( (SONUINFRA_SM) ) 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 Sonu Infratech ( (SONUINFRA_SM) ) based on a short to mid 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 Sonu Infratech ( (SONUINFRA_SM) ) 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 Sonu Infratech stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sonu Infratech 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.

Sonu Infratech 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 Sonu Infratech 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 56.12 and Sonu Infratech (SONUINFRA_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 Sonu Infratech (SONUINFRA_SM) stock. Volume based technical analysis of Sonu Infratech (SONUINFRA_SM) stock is negative.

Sonu Infratech 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.