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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 2024-03-22 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 180516

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	621.75	596.00	626.00	593.15	4.361 times
21 Thu Mar 2024	589.70	578.10	595.55	576.95	2.22 times
20 Wed Mar 2024	576.65	583.20	590.00	573.25	1.274 times
19 Tue Mar 2024	583.20	578.00	584.00	573.50	0.734 times
18 Mon Mar 2024	577.15	565.95	581.85	560.05	0.681 times
15 Fri Mar 2024	574.35	562.20	577.00	559.95	0.499 times
14 Thu Mar 2024	571.85	551.00	575.00	540.20	0.843 times
13 Wed Mar 2024	549.70	569.85	571.45	535.15	1.709 times
12 Tue Mar 2024	563.55	564.75	568.00	548.20	0.644 times
11 Mon Mar 2024	563.35	599.95	599.95	556.00	0.505 times

Stock of Sudarshan Chemical (SUDARSCHEM) has showed a significant upmove. This could be a good time to enter in this stock!

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 615.3, for a target of 596.9 or 581.63

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	448.60
Downside Target	496.00
Downside Target	535.15
Downside Target	557.35
Downside Target	575.60
Downside Target	596.95
Downside Target	599.95
Downside Target	611.00
Downside Target	613.00
Upside Target	626.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	579.2
Downside Intraday Target	536.65
Upside Intraday Target	645.15
Upside Intraday Target	668.55
Downside Intraday Target	602.6

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	621.75	565.95	626.00	560.05	2.207 times
15 Fri Mar 2024	574.35	599.95	599.95	535.15	1.754 times
07 Thu Mar 2024	584.50	595.40	596.95	557.35	0.589 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

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 Sudarshan Chemical (SUDARSCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	621.75	588.15	626.00	535.15	0.395 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 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 Sudarshan Chemical (SUDARSCHEM)

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) 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 Sudarshan Chemical ( (SUDARSCHEM) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sudarshan Chemical 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.

Sudarshan Chemical 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 Sudarshan Chemical 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 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 588.85 and Sudarshan Chemical (SUDARSCHEM) 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 Sudarshan Chemical (SUDARSCHEM) stock. Volume based technical analysis of Sudarshan Chemical (SUDARSCHEM) stock is negative.

Sudarshan Chemical 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.