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Stock analysis Aksharchem India Limited AKSHARCHEM

More indepth analysis on MunafaSutra.com

Moving Averages for Aksharchem India Limited

  • 5Day Average: 286.66
  • 12Day Average: 314.35
  • 20Day Average: 302.65
  • 50Day Average: 288.68
  • 100Day Average: 275.08
  • 150Day Average: 274.21
  • 200Day Average: 265.66

AKSHARCHEM Indicators & signals

Indicator MACD (12,26,9)

299.44, 297.51, 7.89
Indicator MACD is in positive zone

Indicator ADX (14)

1.09, 24.68, 25.22
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AKSHARCHEM Aksharchem India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 281.00 275.05 to 284.00 1.46% 0.08 times
25 Thu Apr 2024 276.95 276.30 to 283.80 -1.98% 0.06 times
24 Wed Apr 2024 282.55 279.55 to 288.00 1.62% 0.09 times
23 Tue Apr 2024 278.05 269.50 to 279.75 -11.66% 0.14 times
06 Wed Mar 2024 314.75 312.20 to 333.00 -4.13% 0.35 times
05 Tue Mar 2024 328.30 325.05 to 344.45 -0.48% 0.64 times
04 Mon Mar 2024 329.90 325.35 to 353.80 -5.27% 0.97 times
02 Sat Mar 2024 348.25 340.10 to 358.00 1.8% 0.36 times
01 Fri Mar 2024 342.10 317.00 to 360.00 9.79% 3.6 times
29 Thu Feb 2024 311.60 310.00 to 327.00 -3.11% 0.57 times
28 Wed Feb 2024 321.60 319.30 to 356.00 -9.95% 3.2 times
27 Tue Feb 2024 357.15 304.00 to 365.50 16.94% 12.11 times

Technical analysis forecast for Aksharchem 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 Aksharchem India Limited AKSHARCHEM at this time. Stock is falling and might fall more.

It appears as if Aksharchem India Limited AKSHARCHEM gave a large move recently.

Stock of Aksharchem India Limited (AKSHARCHEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Aksharchem India Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 270.5 as stoploss in an intra day buy trade for a target of 299.24. However, stock will show a bearish move below 270.5.

More indepth analysis on MunafaSutra.com