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Stock analysis Ashoka Buildcon Limited ASHOKA

More indepth analysis on MunafaSutra.com

Moving Averages for Ashoka Buildcon Limited

  • 5Day Average: 174.49
  • 12Day Average: 174.24
  • 20Day Average: 173.39
  • 50Day Average: 170.86
  • 100Day Average: 164.22
  • 150Day Average: 153.91
  • 200Day Average: 140.69

ASHOKA Indicators & signals

Indicator MACD (12,26,9)

173.77, 171.91, 1.84
Indicator MACD is in positive zone

Indicator ADX (14)

12.78, 17.71, 22.9
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASHOKA Ashoka Buildcon Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 173.65 172.15 to 178.50 -0.29% 0.96 times
02 Thu May 2024 174.15 171.10 to 177.40 -0.37% 0.77 times
30 Tue Apr 2024 174.80 174.00 to 178.45 -0.06% 1.03 times
29 Mon Apr 2024 174.90 173.70 to 179.85 -0.03% 0.78 times
26 Fri Apr 2024 174.95 174.15 to 176.65 -0.48% 0.62 times
25 Thu Apr 2024 175.80 174.55 to 177.50 -0.54% 0.64 times
24 Wed Apr 2024 176.75 175.00 to 180.40 0.94% 1.17 times
23 Tue Apr 2024 175.10 174.50 to 180.80 0.03% 1.16 times
22 Mon Apr 2024 175.05 171.55 to 176.00 1.01% 1.36 times
19 Fri Apr 2024 173.30 167.65 to 175.00 1.61% 1.34 times
18 Thu Apr 2024 170.55 169.85 to 175.40 -0.79% 1.14 times
16 Tue Apr 2024 171.90 165.85 to 173.60 1.63% 1.34 times

Technical analysis forecast of Ashoka Buildcon 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 Ashoka Buildcon Limited ASHOKA at this time. Stock is rising and might rise more.

It appears as if Ashoka Buildcon Limited ASHOKA gave a large move recently.

Stock of Ashoka Buildcon Limited (ASHOKA) 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!

My analysis of Ashoka Buildcon Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 174.4 as stoploss in an intra day sell trade for a target of 172.57. However, stock will show a bullish move above 174.4.

More indepth analysis on MunafaSutra.com