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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 2024-06-05 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 35514

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	65.80	65.75	67.70	62.25	0.351 times
04 Tue Jun 2024	64.40	70.00	70.00	62.85	0.697 times
03 Mon Jun 2024	70.60	74.95	74.95	69.00	1.349 times
31 Fri May 2024	68.85	71.40	71.70	67.15	1.201 times
30 Thu May 2024	70.00	68.55	74.70	68.55	3.438 times
29 Wed May 2024	68.50	67.55	68.90	66.40	1.287 times
28 Tue May 2024	68.30	68.80	68.80	67.45	0.367 times
27 Mon May 2024	69.85	69.85	71.00	67.05	0.497 times
24 Fri May 2024	71.00	71.65	71.95	70.50	0.384 times
23 Thu May 2024	70.65	70.55	72.40	70.50	0.513 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 65.6, for a target of 68.1 or 70.07

Share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Target	62.25
Upside Target	66.00
Upside Target	69.00
Upside Target	72.80
Upside Target	74.50
Upside Target	74.95
Upside Target	75.70
Upside Target	76.20
Upside Target	78.95
Upside Target	79.90
Upside Target	88.30

Intraday share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Intraday Target	60.38
Downside Intraday Target	54.97
Upside Intraday Target	73.08
Upside Intraday Target	80.37
Upside Intraday Target	67.67

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	65.80	74.95	74.95	62.25	0.353 times
31 Fri May 2024	68.85	69.85	74.70	66.40	4.324 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

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
05 Wed Jun 2024	65.80	74.95	74.95	62.25	0.175 times
31 Fri May 2024	68.85	75.30	76.20	66.40	0.788 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Suryalakshmi Cotton ( (SURYALAXMI) ) 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 Suryalakshmi Cotton stock for short term is SELL. Signal strength is Weak 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 red color and prices are below the red 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.22 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 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.