Stock analysis Ambika Cotton Mills Limited AMBIKCO
More indepth analysis on MunafaSutra.com
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 |
| 19 Tue Nov 2024 | 1447.15 | 1441.00 to 1464.85 | 0.12% | 1.33 times |
| 18 Mon Nov 2024 | 1445.40 | 1441.05 to 1478.75 | -1.32% | 0.98 times |
| 14 Thu Nov 2024 | 1464.75 | 1451.05 to 1475.00 | 0.16% | 1.13 times |
| 13 Wed Nov 2024 | 1462.40 | 1455.00 to 1500.00 | -2.53% | 1.23 times |
| 12 Tue Nov 2024 | 1500.35 | 1495.05 to 1518.00 | -0.86% | 0.85 times |
| 11 Mon Nov 2024 | 1513.40 | 1505.50 to 1542.05 | -1.86% | 1.03 times |
| 08 Fri Nov 2024 | 1542.05 | 1535.00 to 1604.80 | -3.01% | 1.87 times |
| 07 Thu Nov 2024 | 1589.90 | 1578.05 to 1607.00 | -0.55% | 0.55 times |
| 06 Wed Nov 2024 | 1598.65 | 1586.00 to 1624.00 | -0.41% | 0.86 times |
| 05 Tue Nov 2024 | 1605.25 | 1562.00 to 1616.65 | 2.62% | 0.89 times |
| 04 Mon Nov 2024 | 1564.30 | 1551.05 to 1615.65 | -2.52% | 0.6 times |
| 01 Fri Nov 2024 | 1604.70 | 1558.90 to 1611.00 | 1.45% | 0.35 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, 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 Ambika Cotton Mills Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ambika Cotton Mills Limited stays below 1483, but if it comes above 1483, then a intra day buy could be more profitable.
If you take a sell trade below 1483, then use 1483 as stoploss and 1423.1 as target. However if you take a buy trade in Ambika Cotton Mills Limited, then use 1483 as stoploss and 1532.89 as target.