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(MADRASFERT) Madras Fertilisers complete technical analysis [charts+indicators] | Buy/Sell Madras Fertilisers | (MADRASFERT) share price targets

Complete technical analysis of Madras Fertilisers (MADRASFERT) by charts plus indicators, forecast predictions and share price targets for Madras Fertilisers (MADRASFERT)

10 day averaged volume of Madras Fertilisers is 209775

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 91.41 91.29 94.34 90.81 0.479 times
18 Mon Nov 2024 91.02 94.50 94.80 90.25 0.822 times
14 Thu Nov 2024 92.67 91.96 94.80 91.01 1.046 times
13 Wed Nov 2024 92.97 95.17 97.59 92.10 0.694 times
12 Tue Nov 2024 97.61 97.55 100.00 96.80 0.482 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 90.6 as stoploss in an intra day buy trade for a target of 94.84. However, stock will show a bearish move below 90.6.

Share price targets for Madras Fertilisers (MADRASFERT)

Target Type Value
Downside Target 86.02
Downside Target 90.25
Upside Target 94.80
Upside Target 99.00
Upside Target 102.15
Upside Target 106.05
Upside Target 106.30
Upside Target 107.70
Upside Target 112.63
Upside Target 119.85
Upside Target 134.00

Intraday share price targets for Madras Fertilisers (MADRASFERT)

Target Type Value
Downside Intraday Target 89.51
Downside Intraday Target 87.6
Upside Intraday Target 94.06
Upside Intraday Target 96.7
Upside Intraday Target 92.15

Weekly technical analysis of Madras Fertilisers (MADRASFERT)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 91.41 94.50 94.80 90.25 0.438 times
14 Thu Nov 2024 92.67 100.00 100.00 91.01 0.474 times
08 Fri Nov 2024 100.35 99.50 106.30 95.21 2.733 times
01 Fri Nov 2024 98.53 90.89 99.00 90.89 0.859 times
30 Wed Oct 2024 95.16 87.37 97.00 86.54 0.684 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 Madras Fertilisers (MADRASFERT)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 91.41 97.18 106.30 90.25 0.469 times
31 Thu Oct 2024 96.76 102.65 107.70 86.02 0.883 times
30 Mon Sep 2024 102.59 110.00 112.63 102.15 0.374 times
30 Fri Aug 2024 110.09 119.85 119.85 103.80 0.227 times

Price has moved down 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 Madras Fertilisers (MADRASFERT)

Indicator Name Indicator Value Indicator Signal
ADX 16, 26, 24 Sell
MACD -3, -3Sell
Stochastics 8Sell
CCI -96Buy
RSI 44Sell
OBV 958587Sell
VWAP 99Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Madras Fertilisers ( (MADRASFERT) ) 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 Madras Fertilisers ( (MADRASFERT) ) 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 Madras Fertilisers ( (MADRASFERT) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Madras Fertilisers ( (MADRASFERT) ) based on a mid to longer 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.

ADX buy sell signal for Madras Fertilisers stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Madras Fertilisers in short term and the sell signal is strong.

Madras Fertilisers 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Madras Fertilisers in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Madras Fertilisers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.54 and Madras Fertilisers (MADRASFERT) 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 Madras Fertilisers (MADRASFERT) stock. Volume based technical analysis of Madras Fertilisers (MADRASFERT) stock is negative.

Madras Fertilisers 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.

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