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 |
| 26 Thu Sep 2024 | 76.50 | 75.81 to 80.95 | 3.16% | 1.4 times |
| 25 Wed Sep 2024 | 74.16 | 65.50 to 76.99 | 9.51% | 2.33 times |
| 24 Tue Sep 2024 | 67.72 | 57.54 to 68.34 | 18.91% | 4.2 times |
| 23 Mon Sep 2024 | 56.95 | 53.82 to 57.60 | 5.05% | 0.29 times |
| 20 Fri Sep 2024 | 54.21 | 50.51 to 55.51 | 2.98% | 0.17 times |
| 19 Thu Sep 2024 | 52.64 | 52.10 to 57.00 | -3.11% | 0.16 times |
| 18 Wed Sep 2024 | 54.33 | 52.01 to 56.00 | 2.84% | 0.25 times |
| 17 Tue Sep 2024 | 52.83 | 51.50 to 54.20 | -1.07% | 0.21 times |
| 16 Mon Sep 2024 | 53.40 | 52.95 to 57.80 | -5.07% | 0.31 times |
| 13 Fri Sep 2024 | 56.25 | 50.00 to 59.80 | 12.61% | 1.9 times |
| 12 Thu Sep 2024 | 49.95 | 49.00 to 52.94 | -1.62% | 0.18 times |
| 11 Wed Sep 2024 | 50.77 | 50.50 to 53.35 | -2.05% | 0.06 times |
Technical analysis forecast of Sonam 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 Sonam Limited SONAMLTD at this time. Stock is rising and might rise more.
It appears as if Sonam Limited SONAMLTD gave a large move recently.
Stock of Sonam Limited (SONAMLTD) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
Although my analysis for Sonam Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 74.6, for a target of 65.9 or 58.56