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(SURYALAXMI) Suryalakshmi Cotton complete technical analysis [charts+indicators] | Buy/Sell Suryalakshmi Cotton | (SURYALAXMI) share price targets

Complete technical analysis of Suryalakshmi Cotton (SURYALAXMI) by charts plus indicators, forecast predictions and share price targets for Suryalakshmi Cotton (SURYALAXMI)

Suryalakshmi Cotton trades in NSE in Textiles sector.

Showing technical analysis as on 2024-05-24 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 13313

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	71.00	71.65	71.95	70.50	1.025 times
23 Thu May 2024	70.65	70.55	72.40	70.50	1.369 times
22 Wed May 2024	70.75	71.45	71.90	70.50	0.709 times
21 Tue May 2024	71.15	72.00	72.80	70.25	1.087 times
18 Sat May 2024	71.20	72.40	72.40	70.80	0.309 times
17 Fri May 2024	72.40	72.05	73.85	71.40	0.628 times
16 Thu May 2024	71.90	72.45	75.70	71.55	2.555 times
15 Wed May 2024	71.55	71.20	72.80	71.20	0.847 times
14 Tue May 2024	72.60	71.90	74.25	70.55	1.036 times
13 Mon May 2024	70.15	69.30	71.85	69.00	1.205 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 70.6 as stoploss in an intra day buy trade for a target of 71.82. However, stock will show a bearish move below 70.6.

Share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Target	63.00
Downside Target	66.00
Downside Target	69.00
Upside Target	72.80
Upside Target	74.50
Upside Target	75.70
Upside Target	76.20
Upside Target	78.95
Upside Target	79.90
Upside Target	86.50
Upside Target	88.30

Intraday share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Intraday Target	69.9
Downside Intraday Target	68.8
Upside Intraday Target	72.45
Upside Intraday Target	73.9
Upside Intraday Target	71.35

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	71.00	72.00	72.80	70.25	0.636 times
18 Sat May 2024	71.20	69.30	75.70	69.00	1.481 times
10 Fri May 2024	70.55	73.15	74.50	69.30	0.367 times
03 Fri May 2024	72.95	72.00	78.95	70.50	2.098 times
26 Fri Apr 2024	72.45	69.85	74.70	69.85	1.971 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 Suryalakshmi Cotton (SURYALAXMI)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	71.00	75.30	76.20	69.00	0.398 times
30 Tue Apr 2024	75.35	67.40	78.95	63.65	1.517 times
28 Thu Mar 2024	65.35	76.05	79.90	63.00	0.36 times
29 Thu Feb 2024	76.70	83.50	88.30	66.00	0.8 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 Suryalakshmi Cotton (SURYALAXMI)

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) 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 Suryalakshmi Cotton ( (SURYALAXMI) ) based on a short to mid 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 Suryalakshmi Cotton ( (SURYALAXMI) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Suryalakshmi Cotton in short term and the sell signal is strong.

Suryalakshmi Cotton Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal for Suryalakshmi Cotton in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Suryalakshmi Cotton is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.36 and Suryalakshmi Cotton (SURYALAXMI) 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 Suryalakshmi Cotton (SURYALAXMI) stock. Volume based technical analysis of Suryalakshmi Cotton (SURYALAXMI) stock is negative.

Suryalakshmi Cotton 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.