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Stock analysis Sukhjit Starch & Chem Ltd SUKHJITS

More indepth analysis on MunafaSutra.com

Moving Averages for Sukhjit Starch & Chem Ltd

  • 5Day Average: 483.96
  • 12Day Average: 476.32
  • 20Day Average: 473.05
  • 50Day Average: 469.8
  • 100Day Average: 488.39
  • 150Day Average: 466.06
  • 200Day Average: 452.83

SUKHJITS Indicators & signals

Indicator MACD (12,26,9)

479.29, 474.3, 1.76
Indicator MACD is in positive zone

Indicator ADX (14)

29.43, 24.36, 13.28
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUKHJITS Sukhjit Starch & Chem Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 496.60 490.55 to 505.00 -0.6% 0.74 times
24 Wed Apr 2024 499.60 480.30 to 505.10 3.83% 3.38 times
23 Tue Apr 2024 481.15 470.05 to 484.90 1.73% 0.81 times
22 Mon Apr 2024 472.95 463.25 to 478.35 0.73% 1.22 times
19 Fri Apr 2024 469.50 464.60 to 476.40 -0.9% 0.36 times
18 Thu Apr 2024 473.75 465.10 to 490.05 1.7% 0.64 times
16 Tue Apr 2024 465.85 462.25 to 473.40 -0.5% 0.66 times
15 Mon Apr 2024 468.20 450.55 to 478.00 -0.63% 0.55 times
12 Fri Apr 2024 471.15 466.00 to 477.85 0.94% 0.77 times
10 Wed Apr 2024 466.75 463.00 to 473.90 -0.8% 0.86 times
09 Tue Apr 2024 470.50 467.00 to 483.45 -1.95% 0.75 times
08 Mon Apr 2024 479.85 478.00 to 499.00 -0.3% 0.6 times

Technical analysis forecast of Sukhjit Starch & Chem Ltd 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 Sukhjit Starch & Chem Ltd SUKHJITS at this time. Stock is rising and might rise more.

It appears as if Sukhjit Starch & Chem Ltd SUKHJITS gave a large move recently.

Stock of Sukhjit Starch & Chem Ltd (SUKHJITS) 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 Sukhjit Starch & Chem Ltd 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 500, for a target of 486.6 or 475.39

More indepth analysis on MunafaSutra.com