Stock analysis Axita Cotton Limited AXITA
More indepth analysis on MunafaSutra.com
Recent prices of AXITA Axita Cotton Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 02 Thu May 2024 | 23.00 | 22.90 to 23.30 | -0.65% | 0.79 times |
| 30 Tue Apr 2024 | 23.15 | 23.05 to 23.60 | -1.49% | 0.6 times |
| 29 Mon Apr 2024 | 23.50 | 23.30 to 23.70 | 0.64% | 0.88 times |
| 26 Fri Apr 2024 | 23.35 | 23.30 to 23.70 | -1.06% | 0.81 times |
| 25 Thu Apr 2024 | 23.60 | 23.50 to 24.30 | -1.46% | 1.09 times |
| 24 Wed Apr 2024 | 23.95 | 23.80 to 24.30 | -0.21% | 1.18 times |
| 23 Tue Apr 2024 | 24.00 | 23.50 to 24.50 | 1.69% | 1.88 times |
| 22 Mon Apr 2024 | 23.60 | 22.80 to 24.00 | 4.42% | 1.1 times |
| 19 Fri Apr 2024 | 22.60 | 22.40 to 22.80 | -0.44% | 0.7 times |
| 18 Thu Apr 2024 | 22.70 | 22.60 to 23.40 | 0.22% | 0.99 times |
| 16 Tue Apr 2024 | 22.65 | 22.55 to 22.90 | 0.67% | 0.78 times |
| 15 Mon Apr 2024 | 22.50 | 22.35 to 23.05 | -3.23% | 1.13 times |
Technical analysis forecast for Axita Cotton 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 Axita Cotton Limited AXITA at this time. Stock is falling and might fall more.
It appears as if Axita Cotton Limited AXITA gave a large move recently.
Stock of Axita Cotton Limited (AXITA) 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 Axita Cotton Limited is bearish for shortterm, and stock might move down till 22.7 or till 22.1. Use a stoploss of 23.17 and if the stock hits stoploss, then it can shoot up till 23.64