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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 2024-04-15 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 318494

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	622.10	631.35	668.80	615.10	0.694 times
12 Fri Apr 2024	648.75	660.45	670.80	645.10	0.527 times
10 Wed Apr 2024	660.45	661.55	671.10	650.50	0.49 times
09 Tue Apr 2024	655.00	666.10	681.45	652.00	0.401 times
08 Mon Apr 2024	662.45	676.70	678.45	654.45	0.466 times
05 Fri Apr 2024	676.75	675.00	688.00	670.00	0.616 times
04 Thu Apr 2024	674.75	683.55	686.75	670.50	0.565 times
03 Wed Apr 2024	683.55	666.40	685.35	653.90	1.246 times
02 Tue Apr 2024	666.65	666.00	684.30	653.65	3.259 times
01 Mon Apr 2024	649.35	613.05	660.05	613.05	1.882 times

My analysis of stock is bearish for shortterm, and stock might move down till 588.7 or till 543.3. Use a stoploss of 626.48 and if the stock hits stoploss, then it can shoot up till 664.27

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
Upside Target	629.50
Upside Target	645.10
Upside Target	668.80
Upside Target	681.45
Upside Target	688.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	601.87
Downside Intraday Target	581.63
Upside Intraday Target	655.57
Upside Intraday Target	689.03
Upside Intraday Target	635.33

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	622.10	631.35	668.80	615.10	0.368 times
12 Fri Apr 2024	648.75	676.70	681.45	645.10	0.249 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

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
15 Mon Apr 2024	622.10	613.05	688.00	613.05	0.895 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Sudarshan Chemical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 661.65 and Sudarshan Chemical (SUDARSCHEM) 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 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.