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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 2024-04-08 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 423658

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	662.45	676.70	678.45	654.45	0.35 times
05 Fri Apr 2024	676.75	675.00	688.00	670.00	0.463 times
04 Thu Apr 2024	674.75	683.55	686.75	670.50	0.424 times
03 Wed Apr 2024	683.55	666.40	685.35	653.90	0.937 times
02 Tue Apr 2024	666.65	666.00	684.30	653.65	2.45 times
01 Mon Apr 2024	649.35	613.05	660.05	613.05	1.415 times
28 Thu Mar 2024	610.00	615.15	618.00	605.00	0.411 times
27 Wed Mar 2024	615.15	615.60	620.35	607.20	0.359 times
26 Tue Mar 2024	610.00	626.50	629.50	595.00	0.736 times
22 Fri Mar 2024	621.75	596.00	626.00	593.15	1.858 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 652.9, but if it comes below 652.9, then a intra day sell could be more profitable.
If you take a sell trade below 652.9, then use 652.9 as stoploss and 610.22 as target. However if you take a buy trade in stock , then use 652.9 as stoploss and 704.1 as target.

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	456.25
Downside Target	500.95
Downside Target	535.15
Downside Target	560.05
Downside Target	595.00
Downside Target	613.00
Downside Target	626.00
Downside Target	629.50
Downside Target	654.45
Upside Target	678.45
Upside Target	688.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	651.78
Downside Intraday Target	641.12
Upside Intraday Target	675.78
Upside Intraday Target	689.12
Upside Intraday Target	665.12

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	662.45	676.70	678.45	654.45	0.062 times
05 Fri Apr 2024	676.75	613.05	688.00	613.05	3.777 times
28 Thu Mar 2024	610.00	626.50	629.50	595.00	0.381 times
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

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
08 Mon Apr 2024	662.45	613.05	688.00	613.05	0.709 times
28 Thu Mar 2024	610.00	588.15	629.50	535.15	0.48 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

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 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 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 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 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 losing momentum.

MACD generated a BUY signal for Sudarshan Chemical in short term and the buy signal is strong.

Sudarshan Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sudarshan Chemical in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sudarshan Chemical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 648.69 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.