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(SURYAROSNI) Surya Roshni complete technical analysis [charts+indicators] | Buy/Sell Surya Roshni | (SURYAROSNI) share price targets

Complete technical analysis of Surya Roshni (SURYAROSNI) by charts plus indicators, forecast predictions and share price targets for Surya Roshni (SURYAROSNI)

Surya Roshni trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-05-10 View latest technical analysis

10 day averaged volume of Surya Roshni is 676373

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	575.80	615.05	615.05	572.60	1.14 times
09 Thu May 2024	616.60	635.00	649.00	611.15	0.413 times
08 Wed May 2024	634.25	614.00	667.45	607.10	1.155 times
07 Tue May 2024	610.20	650.50	655.55	605.00	0.808 times
06 Mon May 2024	650.50	687.00	690.95	645.00	0.667 times
03 Fri May 2024	686.25	690.00	693.90	667.65	1.042 times
02 Thu May 2024	681.95	636.00	684.95	632.35	2.63 times
30 Tue Apr 2024	629.80	614.10	635.45	611.00	0.952 times
29 Mon Apr 2024	610.70	610.00	618.00	597.05	0.973 times
26 Fri Apr 2024	608.25	601.00	614.25	588.00	0.798 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 558.5 as stoploss in an intra day buy trade for a target of 599.05. However, stock will show a bearish move below 558.5.

Share price targets for Surya Roshni (SURYAROSNI)

Target Type	Value
Downside Target	467.55
Downside Target	510.00
Downside Target	533.45
Downside Target	553.65
Downside Target	572.60
Upside Target	597.05
Upside Target	609.00
Upside Target	635.45
Upside Target	690.95
Upside Target	693.90
Upside Target	734.35
Upside Target	795.35
Upside Target	841.65

Intraday share price targets for Surya Roshni (SURYAROSNI)

Target Type	Value
Downside Intraday Target	535.28
Downside Intraday Target	494.77
Upside Intraday Target	653.63
Upside Intraday Target	731.47
Upside Intraday Target	613.12

Weekly technical analysis of Surya Roshni (SURYAROSNI)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	575.80	687.00	690.95	572.60	0.747 times
03 Fri May 2024	686.25	610.00	693.90	597.05	1.643 times
26 Fri Apr 2024	608.25	556.20	614.25	556.20	3.204 times
19 Fri Apr 2024	554.80	550.65	575.25	533.45	0.642 times
12 Fri Apr 2024	559.60	605.05	609.00	553.65	0.371 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 Surya Roshni (SURYAROSNI)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	575.80	636.00	693.90	572.60	0.628 times
30 Tue Apr 2024	629.80	510.00	635.45	510.00	1.252 times
28 Thu Mar 2024	508.20	601.00	612.05	467.55	0.732 times
29 Thu Feb 2024	600.85	785.00	795.35	580.00	0.673 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 Surya Roshni (SURYAROSNI)

Price action analysis of Surya Roshni ( (SURYAROSNI) ) 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 Surya Roshni ( (SURYAROSNI) ) 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 Surya Roshni ( (SURYAROSNI) ) 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 Surya Roshni ( (SURYAROSNI) ) 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 Surya Roshni stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Surya Roshni in short term but the sell signal is initial and weak.

Surya Roshni 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 coming down

CCI has generated a SELL signal for Surya Roshni in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Surya Roshni is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 638.91 and Surya Roshni (SURYAROSNI) 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 Surya Roshni (SURYAROSNI) stock. Volume based technical analysis of Surya Roshni (SURYAROSNI) stock is negative.

Surya Roshni Stock has given negative 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.