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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 2024-11-28 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 194836

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	1043.70	990.10	1060.00	985.95	2.177 times
27 Wed Nov 2024	986.25	975.05	993.00	953.75	1.102 times
26 Tue Nov 2024	981.60	989.45	996.70	972.05	0.366 times
25 Mon Nov 2024	989.45	975.00	1000.55	975.00	0.97 times
22 Fri Nov 2024	963.50	916.45	973.00	916.45	1.315 times
21 Thu Nov 2024	913.45	938.00	938.00	910.35	0.562 times
19 Tue Nov 2024	940.90	917.90	957.35	917.90	1.067 times
18 Mon Nov 2024	920.25	925.00	943.85	904.15	0.865 times
14 Thu Nov 2024	927.30	913.65	947.70	912.30	1.291 times
13 Wed Nov 2024	913.65	985.00	986.95	905.40	1.35 times

Stock of Sudarshan Chemical (SUDARSCHEM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1031.9, but if it comes below 1031.9, then a intra day sell could be more profitable.
If you take a sell trade below 1031.9, then use 1031.9 as stoploss and 987.62 as target. However if you take a buy trade in stock , then use 1031.9 as stoploss and 1085 as target.

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	852.30
Downside Target	873.75
Downside Target	904.15
Downside Target	948.35
Downside Target	1026.80
Upside Target	1060.00
Upside Target	1060.05
Upside Target	1078.00
Upside Target	1082.00
Upside Target	1149.00
Upside Target	1234.45

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	978.3
Downside Intraday Target	912.9
Upside Intraday Target	1084.55
Upside Intraday Target	1125.4
Downside Intraday Target	1019.15

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	1043.70	975.00	1060.00	953.75	1.212 times
22 Fri Nov 2024	963.50	925.00	973.00	904.15	0.775 times
14 Thu Nov 2024	927.30	1010.00	1026.80	905.40	0.917 times
08 Fri Nov 2024	1010.15	1051.60	1060.05	985.50	0.516 times
01 Fri Nov 2024	1055.55	916.00	1078.00	907.40	1.559 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
28 Thu Nov 2024	1043.70	1078.00	1078.00	904.15	0.259 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 neutral. A longer time frame might give a better analysis.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sudarshan Chemical in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 966.01 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 negative.

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