Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-30 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 17867

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	70.00	68.55	74.70	68.55	6.834 times
29 Wed May 2024	68.50	67.55	68.90	66.40	2.559 times
28 Tue May 2024	68.30	68.80	68.80	67.45	0.729 times
27 Mon May 2024	69.85	69.85	71.00	67.05	0.989 times
24 Fri May 2024	71.00	71.65	71.95	70.50	0.764 times
23 Thu May 2024	70.65	70.55	72.40	70.50	1.02 times
22 Wed May 2024	70.75	71.45	71.90	70.50	0.528 times
21 Tue May 2024	71.15	72.00	72.80	70.25	0.81 times
18 Sat May 2024	71.20	72.40	72.40	70.80	0.23 times
17 Fri May 2024	72.40	72.05	73.85	71.40	0.468 times

Stock of Suryalakshmi Cotton (SURYALAXMI) has showed a significant upmove. This could be a good time to enter in this stock!

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 69.7 as stoploss in an intra day buy trade for a target of 70.97. However, stock will show a bearish move below 69.7.

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	66.03
Downside Intraday Target	62.07
Upside Intraday Target	74.33
Upside Intraday Target	78.67
Upside Intraday Target	70.37

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	70.00	69.85	74.70	66.40	3.559 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	70.00	75.30	76.20	66.40	0.719 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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

Suryalakshmi Cotton 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Suryalakshmi Cotton in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 69.93 and Suryalakshmi Cotton (SURYALAXMI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.