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(SUNFLAG) Sunflag Iron complete technical analysis [charts+indicators] | Buy/Sell Sunflag Iron | (SUNFLAG) share price targets

Complete technical analysis of Sunflag Iron (SUNFLAG) by charts plus indicators, forecast predictions and share price targets for Sunflag Iron (SUNFLAG)

Sunflag Iron trades in NSE in Iron & Steel sector.

10 day averaged volume of Sunflag Iron is 494624

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	218.60	218.20	222.55	217.45	0.688 times
30 Tue Apr 2024	218.35	215.95	226.05	214.70	2.149 times
29 Mon Apr 2024	215.00	215.95	217.10	213.10	0.41 times
26 Fri Apr 2024	214.35	217.60	220.05	212.85	0.609 times
25 Thu Apr 2024	216.40	219.70	222.25	215.20	1.523 times
24 Wed Apr 2024	214.75	210.50	219.35	210.00	1.45 times
23 Tue Apr 2024	208.35	209.90	211.55	206.10	0.793 times
22 Mon Apr 2024	210.85	208.00	214.45	208.00	0.668 times
19 Fri Apr 2024	205.30	205.05	208.55	198.95	1.096 times
18 Thu Apr 2024	209.10	214.50	217.80	208.15	0.928 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 216.5, but if it comes below 216.5, then a intra day sell could be more profitable.
If you take a sell trade below 216.5, then use 216.5 as stoploss and 210.62 as target. However if you take a buy trade in stock , then use 216.5 as stoploss and 223.5 as target.

Share price targets for Sunflag Iron (SUNFLAG)

Target Type	Value
Downside Target	175.00
Downside Target	187.00
Downside Target	192.70
Downside Target	198.30
Downside Target	202.95
Downside Target	213.10
Upside Target	221.80
Upside Target	222.25
Upside Target	222.55
Upside Target	226.05
Upside Target	243.45
Upside Target	244.30

Intraday share price targets for Sunflag Iron (SUNFLAG)

Target Type	Value
Downside Intraday Target	212.45
Downside Intraday Target	206.3
Upside Intraday Target	225.4
Upside Intraday Target	232.2
Upside Intraday Target	219.25

Weekly technical analysis of Sunflag Iron (SUNFLAG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	218.60	215.95	226.05	213.10	0.644 times
26 Fri Apr 2024	214.35	208.00	222.25	206.10	1.506 times
19 Fri Apr 2024	205.30	211.80	217.80	198.95	0.413 times
12 Fri Apr 2024	216.35	209.00	221.80	198.30	2.751 times
05 Fri Apr 2024	205.85	187.00	207.80	187.00	1.296 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 Sunflag Iron (SUNFLAG)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	218.60	218.20	222.55	217.45	0.031 times
30 Tue Apr 2024	218.35	187.00	226.05	187.00	1.891 times
28 Thu Mar 2024	186.15	200.05	213.50	175.00	0.621 times
29 Thu Feb 2024	199.90	237.70	243.45	192.70	0.483 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 Sunflag Iron (SUNFLAG)

Price action analysis of Sunflag Iron ( (SUNFLAG) ) 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 Sunflag Iron ( (SUNFLAG) ) 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 Sunflag Iron ( (SUNFLAG) ) 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 Sunflag Iron stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sunflag Iron in short term and the buy signal is strong.

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

Sunflag Iron 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sunflag Iron 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 Sunflag Iron is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 213.73 and Sunflag Iron (SUNFLAG) 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 Sunflag Iron (SUNFLAG) stock. Volume based technical analysis of Sunflag Iron (SUNFLAG) stock is negative.

Sunflag Iron 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.