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(SonalAdhesi) Sonal Adhesi complete technical analysis [charts+indicators] | Buy/Sell Sonal Adhesi | (SonalAdhesi) share price targets

Complete technical analysis of Sonal Adhesi (SonalAdhesi) by charts plus indicators, forecast predictions and share price targets for Sonal Adhesi (SonalAdhesi)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Sonal Adhesi is 42830

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	104.18	111.70	111.70	101.50	0.223 times
05 Fri Jan 2024	106.51	112.00	112.00	105.00	0.405 times
04 Thu Jan 2024	106.90	113.90	113.90	106.51	0.706 times
03 Wed Jan 2024	109.56	110.00	110.00	103.00	1.228 times
02 Tue Jan 2024	102.23	103.90	108.00	100.10	1.371 times
01 Mon Jan 2024	97.95	101.00	101.50	93.00	1.575 times
29 Fri Dec 2023	92.33	94.90	94.90	90.30	1.154 times
28 Thu Dec 2023	94.85	84.95	99.04	82.00	2.806 times
27 Wed Dec 2023	82.54	82.99	85.00	80.10	0.226 times
26 Tue Dec 2023	79.46	77.50	83.00	75.01	0.167 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 100.5, but if it comes below 100.5, then a intra day sell could be more profitable.
If you take a sell trade below 100.5, then use 100.5 as stoploss and 89.92 as target. However if you take a buy trade in stock , then use 100.5 as stoploss and 113.1 as target.

Share price targets for Sonal Adhesi (SonalAdhesi)

Target Type	Value
Downside Target	61.99
Downside Target	72.80
Downside Target	79.50
Downside Target	83.49
Downside Target	87.15
Downside Target	88.99
Downside Target	93.00
Downside Target	99.04
Downside Target	101.50
Upside Target	111.70
Upside Target	113.90

Intraday share price targets for Sonal Adhesi (SonalAdhesi)

Target Type	Value
Downside Intraday Target	99.89
Downside Intraday Target	95.59
Upside Intraday Target	110.09
Upside Intraday Target	115.99
Upside Intraday Target	105.79

Weekly technical analysis of Sonal Adhesi (SonalAdhesi)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	104.18	111.70	111.70	101.50	0.042 times
05 Fri Jan 2024	106.51	101.00	113.90	93.00	1.214 times
29 Fri Dec 2023	92.33	77.50	99.04	75.01	4.227 times
22 Fri Dec 2023	81.04	82.05	84.94	72.80	1.94 times
15 Fri Dec 2023	82.65	86.09	87.15	81.00	0.442 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sonal Adhesi (SonalAdhesi)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	104.18	101.00	113.90	93.00	0.768 times
29 Fri Dec 2023	92.33	89.90	99.04	72.80	1.953 times
30 Thu Nov 2023	85.12	75.66	88.99	73.55	1.124 times
31 Tue Oct 2023	75.65	74.50	83.49	61.99	0.955 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sonal Adhesi (SonalAdhesi)

Price action analysis of Sonal Adhesi ( (SonalAdhesi) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sonal Adhesi ( (SonalAdhesi) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sonal Adhesi ( (SonalAdhesi) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sonal Adhesi stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sonal Adhesi in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sonal Adhesi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonal Adhesi in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sonal Adhesi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.92 and Sonal Adhesi (SonalAdhesi) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sonal Adhesi (SonalAdhesi) stock. Volume based technical analysis of Sonal Adhesi (SonalAdhesi) stock is negative.

Sonal Adhesi Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.