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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 2024-09-16 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 228437

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	988.45	999.90	1004.10	979.05	0.616 times
13 Fri Sep 2024	982.00	976.40	985.00	963.00	0.408 times
12 Thu Sep 2024	976.40	963.85	999.50	948.35	1.156 times
11 Wed Sep 2024	956.40	993.70	993.70	952.50	0.496 times
10 Tue Sep 2024	991.75	989.20	999.65	979.50	0.46 times
09 Mon Sep 2024	989.20	1008.00	1012.00	981.60	0.865 times
06 Fri Sep 2024	1005.80	1051.85	1078.90	997.20	1.445 times
05 Thu Sep 2024	1051.85	1058.00	1075.65	1050.00	0.914 times
04 Wed Sep 2024	1052.30	1006.55	1070.00	1000.05	2.244 times
03 Tue Sep 2024	1006.90	1020.00	1039.10	988.80	1.044 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 982.6 as stoploss in an intra day buy trade for a target of 1008.09. However, stock will show a bearish move below 982.6.

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	680.00
Downside Target	701.25
Downside Target	852.30
Downside Target	873.75
Downside Target	893.25
Downside Target	948.35
Downside Target	969.90
Upside Target	1012.00
Upside Target	1048.00
Upside Target	1078.90
Upside Target	1082.00

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	976.97
Downside Intraday Target	965.48
Upside Intraday Target	1002.02
Upside Intraday Target	1015.58
Upside Intraday Target	990.53

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	988.45	999.90	1004.10	979.05	0.182 times
13 Fri Sep 2024	982.00	1008.00	1012.00	948.35	0.512 times
06 Fri Sep 2024	1005.80	1035.00	1078.90	988.80	0.936 times
30 Fri Aug 2024	1033.05	1014.50	1048.00	985.75	1.112 times
23 Fri Aug 2024	1014.50	991.10	1082.00	978.35	1.083 times

Price has moved up 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
16 Mon Sep 2024	988.45	1035.00	1078.90	948.35	0.328 times
30 Fri Aug 2024	1033.05	950.90	1082.00	873.75	0.998 times
31 Wed Jul 2024	936.85	910.00	969.90	852.30	0.88 times
28 Fri Jun 2024	901.15	810.00	949.70	680.00	0.973 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 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 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 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 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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 1010.76 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.