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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 2024-04-22 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 169122

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	629.70	634.90	640.00	625.00	0.41 times
19 Fri Apr 2024	629.75	618.00	637.00	608.00	1.385 times
18 Thu Apr 2024	622.05	634.70	642.00	615.30	0.686 times
16 Tue Apr 2024	633.00	621.35	644.40	620.65	0.848 times
15 Mon Apr 2024	622.10	631.35	668.80	615.10	1.307 times
12 Fri Apr 2024	648.75	660.45	670.80	645.10	0.993 times
10 Wed Apr 2024	660.45	661.55	671.10	650.50	0.924 times
09 Tue Apr 2024	655.00	666.10	681.45	652.00	0.755 times
08 Mon Apr 2024	662.45	676.70	678.45	654.45	0.878 times
05 Fri Apr 2024	676.75	675.00	688.00	670.00	1.161 times

My analysis of stock is bearish for shortterm, and stock might move down till 608.2 or till 573.7. Use a stoploss of 636.88 and if the stock hits stoploss, then it can shoot up till 665.58

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	456.25
Downside Target	500.95
Downside Target	535.15
Downside Target	564.40
Downside Target	595.00
Downside Target	608.00
Downside Target	629.50
Upside Target	640.00
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	623.13
Downside Intraday Target	616.57
Upside Intraday Target	638.13
Upside Intraday Target	646.57
Upside Intraday Target	631.57

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	629.70	634.90	640.00	625.00	0.097 times
19 Fri Apr 2024	629.75	631.35	668.80	608.00	1.191 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

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
22 Mon Apr 2024	629.70	613.05	688.00	608.00	1.051 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 neutral. A longer time frame might give a better analysis.

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 losing 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 weakening, and bulls are picking up momentum!

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 buy signal for Sudarshan Chemical in short term but BUY signal is weak.

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 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 644.41 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.