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Stock analysis De Nora India Limited DENORA

More indepth analysis on MunafaSutra.com

Moving Averages for De Nora India Limited

  • 5Day Average: 1520.11
  • 12Day Average: 1570.24
  • 20Day Average: 1665.89
  • 50Day Average: 1620.79
  • 100Day Average: 1579.35
  • 150Day Average: 1598.48
  • 200Day Average: 1614.84

DENORA Indicators & signals

Indicator MACD (12,26,9)

1578.87, 1617.2, -18.81
Indicator MACD is in negative zone

Indicator ADX (14)

4.43, 24.51, 26.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DENORA De Nora India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Thu May 2024 1589.35 1563.65 to 1595.95 2.01% 0.46 times
15 Wed May 2024 1558.05 1505.85 to 1594.40 3.53% 0.76 times
14 Tue May 2024 1504.95 1460.00 to 1516.35 2.49% 0.35 times
13 Mon May 2024 1468.40 1452.10 to 1494.90 -0.77% 0.28 times
10 Fri May 2024 1479.80 1469.50 to 1527.00 -0.92% 0.35 times
09 Thu May 2024 1493.60 1483.00 to 1528.00 -1.69% 0.49 times
08 Wed May 2024 1519.35 1506.00 to 1554.80 -1.48% 0.42 times
07 Tue May 2024 1542.25 1531.00 to 1574.90 -0.23% 0.49 times
06 Mon May 2024 1545.85 1538.00 to 1609.70 -2.28% 0.49 times
03 Fri May 2024 1581.95 1576.05 to 1670.00 -2.83% 0.96 times
02 Thu May 2024 1628.10 1611.50 to 1760.00 -15.69% 5.4 times
30 Tue Apr 2024 1931.20 1906.10 to 1975.00 0.54% 0.72 times

Technical analysis forecast for De Nora India 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 De Nora India Limited DENORA at this time. Stock is falling and might fall more.

It appears as if De Nora India Limited DENORA gave a large move recently.

Stock of De Nora India Limited (DENORA) 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 De Nora India Limited is bearish for shortterm, and stock might move down till 1437.7 or till 1233.1. Use a stoploss of 1608.22 and if the stock hits stoploss, then it can shoot up till 1778.72

More indepth analysis on MunafaSutra.com