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(SANOFI) Sanofi India complete technical analysis [charts+indicators] | Buy/Sell Sanofi India | (SANOFI) share price targets

Complete technical analysis of Sanofi India (SANOFI) by charts plus indicators, forecast predictions and share price targets for Sanofi India (SANOFI)

10 day averaged volume of Sanofi India is 28365

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 8851.95 8650.15 9009.90 8594.00 2.086 times
16 Thu May 2024 8576.70 8426.85 8614.85 8246.10 1.247 times
15 Wed May 2024 8352.25 8001.20 8597.00 7950.10 1.882 times
14 Tue May 2024 7992.15 7852.00 8173.00 7772.30 1.67 times
13 Mon May 2024 7995.05 7995.00 8081.65 7890.00 0.404 times

Stock of Sanofi India (SANOFI) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock 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 8824.6, for a target of 8541.8 or 8306.06

Share price targets for Sanofi India (SANOFI)

Target Type Value
Downside Target 7505.00
Downside Target 7772.30
Downside Target 8590.00
Downside Target 8700.00
Downside Target 8718.55
Downside Target 8788.80
Downside Target 8839.00
Downside Target 8851.00
Upside Target 9009.90
Upside Target 9380.00

Intraday share price targets for Sanofi India (SANOFI)

Target Type Value
Downside Intraday Target 8079.53
Downside Intraday Target 7307.12
Upside Intraday Target 9317.13
Upside Intraday Target 9782.32
Downside Intraday Target 8544.72

Weekly technical analysis of Sanofi India (SANOFI)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 8851.95 7995.00 9009.90 7772.30 2.688 times
10 Fri May 2024 7958.90 8535.25 8851.00 7901.00 0.669 times
03 Fri May 2024 8624.25 8350.00 8700.00 8256.15 1.857 times
26 Fri Apr 2024 8274.15 8260.05 8350.00 8101.00 0.849 times
19 Fri Apr 2024 8259.10 8468.20 8618.00 8232.20 1.343 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sanofi India (SANOFI)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 8851.95 8398.00 9009.90 7772.30 1.1 times
30 Tue Apr 2024 8325.55 8125.40 8839.00 8071.50 0.788 times
28 Thu Mar 2024 8113.95 8700.00 8788.80 7505.00 1.377 times
29 Thu Feb 2024 8613.60 8690.55 9380.00 8590.00 1.063 times

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 Sanofi India (SANOFI)

Indicator Name Indicator Value Indicator Signal
ADX 33, 15, 37 Buy
MACD 39, -34Buy
Stochastics 72Buy
CCI 152Buy
RSI 59Buy
OBV 60414Sell
VWAP 8377Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Sanofi India ( (SANOFI) ) 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 Sanofi India ( (SANOFI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sanofi India ( (SANOFI) ) 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 Sanofi India ( (SANOFI) ) 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 Sanofi India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sanofi India 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.

Sanofi India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Sanofi India in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sanofi India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8376.87 and Sanofi India (SANOFI) 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 Sanofi India (SANOFI) stock. Volume based technical analysis of Sanofi India (SANOFI) stock is negative.

Sanofi India 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.

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