Is SONA MACHINERY in uptrend or downtrend?

In the short term price movements in SONAMAC share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What is SONA MACHINERY share price forecast for tomorrow?

In NaN stock current resistance level is at 35 and support level is at 29. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are SONA MACHINERY support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For NaN in the short-term, the supply zone around 35 and 30. Hence, good chances of resistance around 30. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for NaN share is around 29 and 30. Hence, good chances for support around 30.

Why is SONA MACHINERY share price falling today?

Perhaps SONAMAC stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

SONA MACHINERY Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data