Homepage Active Options Active Stocks

Stock analysis Ambika Cotton Mills Limited AMBIKCO

More indepth analysis on MunafaSutra.com

Moving Averages for Ambika Cotton Mills Limited

  • 5Day Average: 1784.25
  • 12Day Average: 1746.97
  • 20Day Average: 1738.61
  • 50Day Average: 1776.08
  • 100Day Average: 1676.83
  • 150Day Average: 1642.62
  • 200Day Average: 1668.52

AMBIKCO Indicators & signals

Indicator MACD (12,26,9)

1760.1, 1751.95, -5.6
Indicator MACD is in positive zone

Indicator ADX (14)

29.13, 28.59, 15.69
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

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
17 Tue Sep 2024 1817.95 1801.10 to 1827.80 0.53% 0.96 times
16 Mon Sep 2024 1808.35 1798.80 to 1869.00 1.14% 1.97 times
13 Fri Sep 2024 1787.90 1770.00 to 1807.60 0.81% 0.93 times
12 Thu Sep 2024 1773.50 1729.00 to 1789.45 2.3% 1.13 times
11 Wed Sep 2024 1733.55 1712.35 to 1767.65 1.24% 1.83 times
10 Tue Sep 2024 1712.30 1697.40 to 1730.05 -0.02% 0.45 times
09 Mon Sep 2024 1712.70 1671.40 to 1736.85 0.41% 0.71 times
06 Fri Sep 2024 1705.75 1697.15 to 1742.65 -1.25% 0.48 times
05 Thu Sep 2024 1727.30 1720.55 to 1747.00 -0.2% 0.65 times
04 Wed Sep 2024 1730.80 1720.95 to 1739.00 -0.34% 0.54 times
03 Tue Sep 2024 1736.75 1719.90 to 1770.70 1.16% 1.31 times
02 Mon Sep 2024 1716.75 1696.15 to 1723.00 0.58% 0.56 times

Technical analysis forecast of Ambika Cotton Mills 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 Ambika Cotton Mills Limited AMBIKCO at this time. Stock is rising and might rise more.

It appears as if Ambika Cotton Mills Limited AMBIKCO gave a large move recently.

Stock of Ambika Cotton Mills Limited (AMBIKCO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Ambika Cotton Mills Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1830.4, for a target of 1788.2 or 1752.98

More indepth analysis on MunafaSutra.com