Homepage Active Options Active Stocks

Stock analysis Saksoft Limited SAKSOFT

More indepth analysis on MunafaSutra.com

Moving Averages for Saksoft Limited

  • 5Day Average: 208.05
  • 12Day Average: 212.98
  • 20Day Average: 217.24
  • 50Day Average: 223.44
  • 100Day Average: 249.82
  • 150Day Average: 262.78
  • 200Day Average: 264.73

SAKSOFT Indicators & signals

Indicator MACD (12,26,9)

212.79, 218.41, -4.5
Indicator MACD is in negative zone

Indicator ADX (14)

39.51, 12.91, 29.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SAKSOFT Saksoft Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 203.81 200.00 to 208.85 -1.07% 1.64 times
09 Thu Jan 2025 206.02 205.00 to 211.50 -2.14% 0.86 times
08 Wed Jan 2025 210.53 206.61 to 212.89 -0.5% 0.84 times
07 Tue Jan 2025 211.59 208.22 to 212.89 1.58% 1.04 times
06 Mon Jan 2025 208.30 205.50 to 219.44 -4.62% 1.65 times
03 Fri Jan 2025 218.40 217.42 to 223.89 -1.79% 0.99 times
02 Thu Jan 2025 222.38 218.05 to 225.00 2.11% 0.68 times
01 Wed Jan 2025 217.79 214.00 to 219.37 1.67% 0.8 times
31 Tue Dec 2024 214.21 209.81 to 216.00 1.46% 1.04 times
30 Mon Dec 2024 211.12 210.01 to 217.88 -2.22% 1.19 times
27 Fri Dec 2024 215.92 213.95 to 220.90 0.11% 0.91 times
26 Thu Dec 2024 215.68 214.90 to 219.70 -0.82% 0.71 times

Technical analysis forecast for Saksoft Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Saksoft Limited SAKSOFT at this time. Stock is falling and might fall more.

It appears as if Saksoft Limited SAKSOFT gave a large move recently.

Stock of Saksoft Limited (SAKSOFT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Saksoft Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Saksoft Limited stays below 208.9, but if it comes above 208.9, then a intra day buy could be more profitable.
If you take a sell trade below 208.9, then use 208.9 as stoploss and 199.9 as target. However if you take a buy trade in Saksoft Limited, then use 208.9 as stoploss and 216.35 as target.

More indepth analysis on MunafaSutra.com