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Stock analysis Ajax Engineering Limited AJAXENGG

More indepth analysis on MunafaSutra.com

Moving Averages for Ajax Engineering Limited

  • 5Day Average: 611.57
  • 12Day Average: 612.29
  • 20Day Average: 606.58

AJAXENGG Indicators & signals

Indicator MACD (12,26,9)

611.16, 606.12, 0
Indicator MACD is in positive zone

Indicator ADX (14)

19.19, 22.09, 14.98
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AJAXENGG Ajax Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Thu Apr 2025 627.30 610.70 to 630.50 -0.06% 0.3 times
02 Wed Apr 2025 627.70 606.60 to 631.00 2.55% 0.68 times
01 Tue Apr 2025 612.10 586.30 to 615.00 3.08% 0.35 times
28 Fri Mar 2025 593.80 590.00 to 606.50 -0.53% 0.22 times
27 Thu Mar 2025 596.95 593.80 to 615.00 -2.12% 0.41 times
26 Wed Mar 2025 609.90 606.75 to 627.85 0.43% 0.55 times
25 Tue Mar 2025 607.30 586.60 to 625.20 2.93% 1.03 times
24 Mon Mar 2025 590.00 582.30 to 607.75 -1.9% 0.86 times
21 Fri Mar 2025 601.40 584.80 to 637.40 -3.59% 1.04 times
20 Thu Mar 2025 623.80 615.00 to 658.30 -3.47% 1.12 times
19 Wed Mar 2025 646.20 608.15 to 650.00 5.76% 3.75 times
18 Tue Mar 2025 611.00 597.25 to 615.00 0.96% 0.3 times

Technical analysis forecast of Ajax Engineering Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ajax Engineering Limited AJAXENGG at this time. Stock is rising and might rise more.

It appears as if Ajax Engineering Limited AJAXENGG gave a large move recently.

Stock of Ajax Engineering Limited (AJAXENGG) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Ajax Engineering Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ajax Engineering Limited stays above 623.3, but if it comes below 623.3, then a intra day sell could be more profitable.
If you take a sell trade below 623.3, then use 623.3 as stoploss and 608.32 as target. However if you take a buy trade in Ajax Engineering Limited, then use 623.3 as stoploss and 641.2 as target.

More indepth analysis on MunafaSutra.com