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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 2024-06-06 View latest technical analysis

10 day averaged volume of Suryalakshmi Cotton is 35818

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	68.80	67.35	68.95	66.20	0.251 times
05 Wed Jun 2024	65.80	65.75	67.70	62.25	0.348 times
04 Tue Jun 2024	64.40	70.00	70.00	62.85	0.691 times
03 Mon Jun 2024	70.60	74.95	74.95	69.00	1.338 times
31 Fri May 2024	68.85	71.40	71.70	67.15	1.191 times
30 Thu May 2024	70.00	68.55	74.70	68.55	3.409 times
29 Wed May 2024	68.50	67.55	68.90	66.40	1.277 times
28 Tue May 2024	68.30	68.80	68.80	67.45	0.363 times
27 Mon May 2024	69.85	69.85	71.00	67.05	0.493 times
24 Fri May 2024	71.00	71.65	71.95	70.50	0.381 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 67.9 as stoploss in an intra day buy trade for a target of 69.95. However, stock will show a bearish move below 67.9.

Share price targets for Suryalakshmi Cotton (SURYALAXMI)

Target Type	Value
Downside Target	62.25
Downside 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	62.38
Downside Intraday Target	55.97
Upside Intraday Target	75.08
Upside Intraday Target	81.37
Downside Intraday Target	68.67

Weekly technical analysis of Suryalakshmi Cotton (SURYALAXMI)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	68.80	74.95	74.95	62.25	0.39 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
06 Thu Jun 2024	68.80	74.95	74.95	62.25	0.193 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 Suryalakshmi Cotton in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 69.13 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.