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(SUDARSCHEM) Sudarshan Chemical complete technical analysis [charts+indicators] | Buy/Sell Sudarshan Chemical | (SUDARSCHEM) share price targets

Complete technical analysis of Sudarshan Chemical (SUDARSCHEM) by charts plus indicators, forecast predictions and share price targets for Sudarshan Chemical (SUDARSCHEM)

Sudarshan Chemical trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 129409

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	565.30	573.00	581.15	557.35	0.961 times
05 Tue Mar 2024	572.85	585.00	589.45	570.00	0.7 times
04 Mon Mar 2024	587.65	595.40	596.95	584.95	0.436 times
02 Sat Mar 2024	592.40	599.90	600.00	581.00	0.133 times
01 Fri Mar 2024	589.80	588.15	602.00	584.85	0.702 times
29 Thu Feb 2024	587.95	590.00	592.80	575.60	0.934 times
28 Wed Feb 2024	589.25	591.00	597.50	577.00	1.456 times
27 Tue Feb 2024	590.00	602.00	613.00	585.55	1.387 times
26 Mon Feb 2024	601.55	607.00	608.00	594.00	1.056 times
23 Fri Feb 2024	600.10	600.00	605.00	591.90	1.468 times

My analysis of stock is bearish for shortterm, and stock might move down till 545.1 or till 510.8. Use a stoploss of 573.72 and if the stock hits stoploss, then it can shoot up till 602.3

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	448.60
Downside Target	496.00
Downside Target	557.35
Upside Target	575.50
Upside Target	575.60
Upside Target	592.60
Upside Target	596.95
Upside Target	602.00
Upside Target	611.00
Upside Target	613.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	549.45
Downside Intraday Target	533.6
Upside Intraday Target	589.05
Upside Intraday Target	612.8
Upside Intraday Target	573.2

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	565.30	595.40	596.95	557.35	0.37 times
02 Sat Mar 2024	592.40	607.00	613.00	575.60	0.341 times
23 Fri Feb 2024	600.10	595.00	611.00	573.90	0.971 times
16 Fri Feb 2024	565.50	520.70	592.60	505.40	1.006 times
09 Fri Feb 2024	518.10	540.75	575.50	505.00	3.553 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 Sudarshan Chemical (SUDARSCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	565.30	588.15	602.00	557.35	0.05 times
29 Thu Feb 2024	587.95	526.00	613.00	505.00	3.315 times
31 Wed Jan 2024	525.40	546.00	564.40	500.95	0.495 times
29 Fri Dec 2023	549.00	456.25	566.00	456.25	2.733 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 Sudarshan Chemical (SUDARSCHEM)

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) based on a short 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 Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sudarshan Chemical in short term but the sell signal is initial and weak.

Sudarshan Chemical 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sudarshan Chemical in short term and SELL 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 Sudarshan Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 588.64 and Sudarshan Chemical (SUDARSCHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sudarshan Chemical (SUDARSCHEM) stock. Volume based technical analysis of Sudarshan Chemical (SUDARSCHEM) stock is negative.

Sudarshan Chemical 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.