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Stock analysis Saksoft Limited SAKSOFT

More indepth analysis on MunafaSutra.com

Moving Averages for Saksoft Limited

  • 5Day Average: 216.28
  • 12Day Average: 218.56
  • 20Day Average: 225.71
  • 50Day Average: 225.07
  • 100Day Average: 254.37
  • 150Day Average: 264.64
  • 200Day Average: 266.21

SAKSOFT Indicators & signals

Indicator MACD (12,26,9)

219.89, 223.79, -3.36
Indicator MACD is in negative zone

Indicator ADX (14)

2.55, 20.37, 21.44
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SAKSOFT Saksoft Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Thu Jan 2025 222.38 218.05 to 225.00 2.11% 0.66 times
01 Wed Jan 2025 217.79 214.00 to 219.37 1.67% 0.77 times
31 Tue Dec 2024 214.21 209.81 to 216.00 1.46% 1 times
30 Mon Dec 2024 211.12 210.01 to 217.88 -2.22% 1.15 times
27 Fri Dec 2024 215.92 213.95 to 220.90 0.11% 0.88 times
26 Thu Dec 2024 215.68 214.90 to 219.70 -0.82% 0.69 times
24 Tue Dec 2024 217.47 214.06 to 219.89 -0.45% 0.66 times
23 Mon Dec 2024 218.46 215.82 to 224.99 0.34% 1.41 times
20 Fri Dec 2024 217.72 214.90 to 226.01 -2.34% 1.41 times
19 Thu Dec 2024 222.93 220.31 to 225.14 -0.72% 0.84 times
18 Wed Dec 2024 224.54 222.40 to 230.44 0% 1.17 times
18 Wed Dec 2024 224.54 222.40 to 230.44 -2.1% 1.17 times

Technical analysis forecast of Saksoft Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Saksoft Limited SAKSOFT at this time. Stock is rising and might rise more.

It appears as if Saksoft Limited SAKSOFT gave a large move recently.

Stock of Saksoft Limited (SAKSOFT) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Saksoft Limited is bullish for shortterm, and stock might move up till 231.9 or till 243.5. Use a stoploss of 222.31 and if this stock hits its stoploss, then it can fall down till 212.69

More indepth analysis on MunafaSutra.com