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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 2024-03-05 View latest technical analysis

10 day averaged volume of Sonal Adhesi is 5909

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	85.09	83.51	88.00	83.51	0.32 times
04 Mon Mar 2024	85.81	88.38	88.38	83.20	0.889 times
02 Sat Mar 2024	86.78	87.15	88.38	83.00	0.322 times
01 Fri Mar 2024	84.19	85.50	87.80	84.00	0.639 times
29 Thu Feb 2024	83.85	85.50	88.00	83.40	0.547 times
28 Wed Feb 2024	86.00	88.50	92.10	83.00	1.604 times
27 Tue Feb 2024	89.78	91.00	91.50	88.65	0.788 times
26 Mon Feb 2024	91.16	90.35	94.30	88.40	1.199 times
23 Fri Feb 2024	90.35	91.00	94.40	88.26	1.669 times
22 Thu Feb 2024	90.98	91.40	94.00	90.01	0.429 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.3, but if it comes above 85.3, then a intra day buy could be more profitable.
If you take a sell trade below 85.3, then use 85.3 as stoploss and 80.7 as target. However if you take a buy trade in stock , then use 85.3 as stoploss and 89.08 as target.

Share price targets for Sonal Adhesi (SonalAdhesi)

Target Type	Value
Downside Target	72.80
Downside Target	76.20
Downside Target	83.00
Upside Target	88.00
Upside Target	88.99
Upside Target	94.30
Upside Target	96.00
Upside Target	96.90
Upside Target	99.04
Upside Target	105.00
Upside Target	113.90

Intraday share price targets for Sonal Adhesi (SonalAdhesi)

Target Type	Value
Downside Intraday Target	82.73
Downside Intraday Target	80.38
Upside Intraday Target	87.91
Upside Intraday Target	90.74
Upside Intraday Target	85.56

Weekly technical analysis of Sonal Adhesi (SonalAdhesi)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	85.09	88.38	88.38	83.20	0.237 times
02 Sat Mar 2024	86.78	90.35	94.30	83.00	0.643 times
23 Fri Feb 2024	90.35	94.50	96.90	88.00	0.279 times
16 Fri Feb 2024	92.18	95.00	105.00	76.20	3.982 times
09 Fri Feb 2024	92.05	96.00	96.00	85.05	0.898 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
05 Tue Mar 2024	85.09	85.50	88.38	83.00	0.043 times
29 Thu Feb 2024	83.85	89.09	105.00	76.20	0.701 times
31 Wed Jan 2024	90.91	101.00	113.90	83.50	1.393 times
29 Fri Dec 2023	92.33	89.90	99.04	72.80	1.953 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sonal Adhesi ( (SonalAdhesi) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sonal Adhesi ( (SonalAdhesi) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sonal Adhesi in short term and the sell signal is strong.

Sonal Adhesi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonal Adhesi in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 87.91 and Sonal Adhesi (SonalAdhesi) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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