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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 2024-11-04 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 331820

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1001.05	1051.60	1051.60	993.55	0.965 times
01 Fri Nov 2024	1055.55	1078.00	1078.00	1050.00	0.14 times
31 Thu Oct 2024	1046.60	1000.00	1054.70	996.60	0.856 times
30 Wed Oct 2024	999.00	960.20	1017.55	955.05	2.319 times
29 Tue Oct 2024	952.85	964.05	968.00	921.05	1.06 times
28 Mon Oct 2024	965.25	916.00	1036.90	907.40	1.717 times
25 Fri Oct 2024	942.60	980.95	992.95	930.10	0.618 times
24 Thu Oct 2024	978.10	976.40	1009.95	967.40	0.757 times
23 Wed Oct 2024	967.35	961.15	988.80	943.50	0.656 times
22 Tue Oct 2024	961.15	1021.00	1024.45	952.00	1.272 times

My analysis of stock is bearish for shortterm, and stock might move down till 965.1 or till 890.3. Use a stoploss of 1027.45 and if the stock hits stoploss, then it can shoot up till 1089.77

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	852.30
Downside Target	873.75
Downside Target	907.40
Downside Target	930.10
Downside Target	969.90
Downside Target	993.55
Upside Target	1033.00
Upside Target	1078.00
Upside Target	1082.00
Upside Target	1149.00
Upside Target	1217.50
Upside Target	1234.45

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	979.2
Downside Intraday Target	957.35
Upside Intraday Target	1037.25
Upside Intraday Target	1073.45
Upside Intraday Target	1015.4

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1001.05	1051.60	1051.60	993.55	0.158 times
01 Fri Nov 2024	1055.55	916.00	1078.00	907.40	1.559 times
25 Fri Oct 2024	942.60	1034.50	1048.45	930.10	0.209 times
18 Fri Oct 2024	1037.25	1171.70	1234.45	1033.00	1.497 times
11 Fri Oct 2024	1201.10	1040.50	1217.50	972.25	3.085 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
04 Mon Nov 2024	1001.05	1078.00	1078.00	993.55	0.026 times
31 Thu Oct 2024	1046.60	1121.00	1234.45	907.40	2.171 times
30 Mon Sep 2024	1117.75	1035.00	1149.00	948.35	0.889 times
30 Fri Aug 2024	1033.05	950.90	1082.00	873.75	0.998 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Sudarshan Chemical stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 982.04 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.