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Stock analysis Andhra Paper Limited ANDHRAPAP

More indepth analysis on MunafaSutra.com

Moving Averages for Andhra Paper Limited

  • 5Day Average: 524.71
  • 12Day Average: 507.45
  • 20Day Average: 508.32
  • 50Day Average: 513.32
  • 100Day Average: 549.4
  • 150Day Average: 559.24
  • 200Day Average: 535.12

ANDHRAPAP Indicators & signals

Indicator MACD (12,26,9)

515.12, 511.2, -1.36
Indicator MACD is in positive zone

Indicator ADX (14)

20.06, 27.73, 18.46
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ANDHRAPAP Andhra Paper Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Thu May 2024 534.00 529.75 to 538.15 0.54% 0.75 times
30 Tue Apr 2024 531.15 527.20 to 537.00 -0.41% 0.7 times
29 Mon Apr 2024 533.35 528.50 to 537.70 1.26% 0.98 times
26 Fri Apr 2024 526.70 515.65 to 540.00 5.69% 5.2 times
25 Thu Apr 2024 498.35 491.35 to 505.00 -1.35% 0.7 times
24 Wed Apr 2024 505.15 499.15 to 511.45 0.46% 0.42 times
23 Tue Apr 2024 502.85 493.05 to 505.45 1.68% 0.34 times
22 Mon Apr 2024 494.55 490.90 to 496.05 1.05% 0.22 times
19 Fri Apr 2024 489.40 480.15 to 492.90 0.17% 0.43 times
18 Thu Apr 2024 488.55 486.95 to 495.00 -1.01% 0.68 times
16 Tue Apr 2024 493.55 488.10 to 495.45 0.37% 0.35 times
15 Mon Apr 2024 491.75 483.40 to 502.05 -2.3% 0.44 times

Technical analysis forecast of Andhra Paper 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 Andhra Paper Limited ANDHRAPAP at this time. Stock is rising and might rise more.

It appears as if Andhra Paper Limited ANDHRAPAP gave a large move recently.

Stock of Andhra Paper Limited (ANDHRAPAP) 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 Andhra Paper Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Andhra Paper Limited stays above 525.3, but if it comes below 525.3, then a intra day sell could be more profitable.
If you take a sell trade below 525.3, then use 525.3 as stoploss and 511.34 as target. However if you take a buy trade in Andhra Paper Limited, then use 525.3 as stoploss and 542.1 as target.

More indepth analysis on MunafaSutra.com