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 |
| 24 Thu Apr 2025 | 41.54 | 41.01 to 43.44 | -3.69% | 2.73 times |
| 23 Wed Apr 2025 | 43.13 | 42.61 to 46.43 | -2.82% | 2.1 times |
| 22 Tue Apr 2025 | 44.38 | 43.67 to 45.93 | -1.88% | 1.11 times |
| 21 Mon Apr 2025 | 45.23 | 43.73 to 46.48 | 3.08% | 1.66 times |
| 17 Thu Apr 2025 | 43.88 | 43.23 to 44.49 | 0.94% | 0.98 times |
| 16 Wed Apr 2025 | 43.47 | 43.12 to 44.75 | -0.18% | 0.51 times |
| 15 Tue Apr 2025 | 43.55 | 43.00 to 44.84 | 1.18% | 1.13 times |
| 11 Fri Apr 2025 | 43.04 | 42.77 to 44.64 | -1.53% | 0.36 times |
| 09 Wed Apr 2025 | 43.71 | 42.50 to 44.95 | 1.04% | 0.69 times |
| 08 Tue Apr 2025 | 43.26 | 42.50 to 43.82 | 1.74% | 0.52 times |
| 07 Mon Apr 2025 | 42.52 | 40.99 to 43.69 | -8.14% | 0.95 times |
| 04 Fri Apr 2025 | 46.29 | 42.32 to 48.69 | 4.28% | 3.54 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 trade for tomorrow is selective. Take a sell trade only if Sonam Limited stays below 42.4, but if it comes above 42.4, then a intra day buy could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 40.9 as target. However if you take a buy trade in Sonam Limited, then use 42.4 as stoploss and 43.68 as target.