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Stock analysis Sudarshan Chemical Industries Limited SUDARSCHEM

More indepth analysis on MunafaSutra.com

Moving Averages for Sudarshan Chemical Industries Limited

  • 5Day Average: 937.09
  • 12Day Average: 985.74
  • 20Day Average: 982.09
  • 50Day Average: 1020.02
  • 100Day Average: 989.65
  • 150Day Average: 922.42
  • 200Day Average: 840.61

SUDARSCHEM Indicators & signals

Indicator MACD (12,26,9)

969.73, 992.85, -14.82
Indicator MACD is in negative zone

Indicator ADX (14)

15.66, 19.98, 27.4
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUDARSCHEM Sudarshan Chemical Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 940.90 917.90 to 957.35 2.24% 0.96 times
18 Mon Nov 2024 920.25 904.15 to 943.85 -0.76% 0.78 times
14 Thu Nov 2024 927.30 912.30 to 947.70 1.49% 1.16 times
13 Wed Nov 2024 913.65 905.40 to 986.95 -7.09% 1.21 times
12 Tue Nov 2024 983.35 980.00 to 1017.90 -3.56% 1 times
11 Mon Nov 2024 1019.70 986.50 to 1026.80 0.95% 1.04 times
08 Fri Nov 2024 1010.15 996.20 to 1046.00 -2.32% 0.85 times
07 Thu Nov 2024 1034.15 1027.00 to 1060.05 0.21% 0.6 times
06 Wed Nov 2024 1032.00 990.75 to 1044.30 4.15% 0.89 times
05 Tue Nov 2024 990.85 985.50 to 1016.40 -1.02% 0.99 times
04 Mon Nov 2024 1001.05 993.55 to 1051.60 -5.16% 1.48 times
01 Fri Nov 2024 1055.55 1050.00 to 1078.00 0.86% 0.21 times

Technical analysis forecast for Sudarshan Chemical Industries 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 Sudarshan Chemical Industries Limited SUDARSCHEM at this time. Stock is falling and might fall more.

It appears as if Sudarshan Chemical Industries Limited SUDARSCHEM gave a large move recently.

Stock of Sudarshan Chemical Industries Limited (SUDARSCHEM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Sudarshan Chemical Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sudarshan Chemical Industries Limited stays below 944.1, but if it comes above 944.1, then a intra day buy could be more profitable.
If you take a sell trade below 944.1, then use 944.1 as stoploss and 894.4 as target. However if you take a buy trade in Sudarshan Chemical Industries Limited, then use 944.1 as stoploss and 985.47 as target.

More indepth analysis on MunafaSutra.com