Stock analysis Ambika Cotton Mills Limited AMBIKCO
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Recent prices of AMBIKCO Ambika Cotton Mills Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 1550.25 | 1532.00 to 1557.00 | 0.24% | 0.87 times |
| 29 Mon Apr 2024 | 1546.55 | 1530.00 to 1562.45 | 0.67% | 1.08 times |
| 26 Fri Apr 2024 | 1536.25 | 1526.00 to 1558.95 | -0.45% | 1.04 times |
| 25 Thu Apr 2024 | 1543.20 | 1540.05 to 1572.90 | -1.22% | 1.16 times |
| 24 Wed Apr 2024 | 1562.30 | 1546.95 to 1594.00 | -1.2% | 1.36 times |
| 23 Tue Apr 2024 | 1581.35 | 1559.25 to 1600.10 | -0.3% | 1.06 times |
| 22 Mon Apr 2024 | 1586.05 | 1551.50 to 1600.00 | 2.25% | 1.12 times |
| 19 Fri Apr 2024 | 1551.20 | 1530.05 to 1555.40 | 0.04% | 0.63 times |
| 18 Thu Apr 2024 | 1550.60 | 1548.75 to 1582.60 | -0.8% | 0.73 times |
| 16 Tue Apr 2024 | 1563.05 | 1540.55 to 1569.75 | 1.1% | 0.58 times |
| 15 Mon Apr 2024 | 1546.00 | 1509.90 to 1569.95 | -1.2% | 1.24 times |
| 12 Fri Apr 2024 | 1564.70 | 1555.00 to 1592.95 | -0.65% | 0.95 times |
Technical analysis forecast for Ambika Cotton Mills 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 Ambika Cotton Mills Limited AMBIKCO at this time. Stock is falling and might fall more.
It appears as if Ambika Cotton Mills Limited AMBIKCO gave a large move recently.
Stock of Ambika Cotton Mills Limited (AMBIKCO) 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 Ambika Cotton Mills Limited is bearish for shortterm, and stock might move down till 1533.2 or till 1508.5. Use a stoploss of 1553.76 and if the stock hits stoploss, then it can shoot up till 1574.35