Stock analysis Sonam Limited SONAMLTD
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Recent prices of SONAMLTD Sonam Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 14 Wed May 2025 | 39.31 | 39.00 to 41.18 | -2.63% | 2.03 times |
| 13 Tue May 2025 | 40.37 | 40.00 to 41.83 | -0.69% | 1.16 times |
| 12 Mon May 2025 | 40.65 | 39.60 to 44.11 | -2.17% | 1.52 times |
| 09 Fri May 2025 | 41.55 | 38.16 to 42.44 | 2.62% | 0.95 times |
| 08 Thu May 2025 | 40.49 | 39.46 to 42.00 | 3.37% | 1.05 times |
| 07 Wed May 2025 | 39.17 | 37.00 to 39.98 | 2.35% | 0.8 times |
| 06 Tue May 2025 | 38.27 | 38.00 to 40.78 | -3.94% | 0.72 times |
| 05 Mon May 2025 | 39.84 | 39.65 to 41.80 | -1.85% | 0.7 times |
| 02 Fri May 2025 | 40.59 | 38.23 to 42.00 | 4.02% | 1.83 times |
| 30 Wed Apr 2025 | 39.02 | 38.20 to 40.75 | -4.15% | 0.64 times |
| 29 Tue Apr 2025 | 40.71 | 40.50 to 41.56 | 0% | 0.64 times |
| 28 Mon Apr 2025 | 40.71 | 40.05 to 42.04 | -1.62% | 0.83 times |
Technical analysis forecast for Sonam Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sonam Limited SONAMLTD at this time. Stock is falling and might fall more.
It appears as if Sonam Limited SONAMLTD gave a large move recently.
Stock of Sonam Limited (SONAMLTD) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Sonam Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.2 as stoploss in an intra day buy trade for a target of 41.08. However, stock will show a bearish move below 39.2.