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Stock analysis Bansal Wire Industries L BANSALWIRE

More indepth analysis on MunafaSutra.com

Moving Averages for Bansal Wire Industries L

  • 5Day Average: 384.5
  • 12Day Average: 389.29
  • 20Day Average: 392.94
  • 50Day Average: 426.17
  • 100Day Average: 424.98
  • 150Day Average: 410.47

BANSALWIRE Indicators & signals

Indicator MACD (12,26,9)

389.03, 400.27, -10.59
Indicator MACD is in negative zone

Indicator ADX (14)

36.26, 14.24, 30.44
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BANSALWIRE Bansal Wire Industries L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Tue Feb 2025 366.80 364.00 to 375.10 -2.99% 2.83 times
10 Mon Feb 2025 378.10 375.15 to 394.00 -2.41% 0.14 times
07 Fri Feb 2025 387.45 384.30 to 398.00 -2% 0.16 times
06 Thu Feb 2025 395.35 386.15 to 404.95 0.14% 0.3 times
05 Wed Feb 2025 394.80 389.50 to 400.00 1.28% 0.24 times
04 Tue Feb 2025 389.80 376.30 to 393.85 -0.42% 4.07 times
03 Mon Feb 2025 391.45 380.25 to 397.95 -5.86% 0.4 times
31 Fri Jan 2025 415.80 410.25 to 429.15 -1.34% 0.94 times
30 Thu Jan 2025 421.45 398.00 to 429.95 5.99% 1.75 times
29 Wed Jan 2025 397.65 361.85 to 397.65 10% 0.32 times
28 Tue Jan 2025 361.50 354.05 to 383.30 -2.64% 1.69 times
27 Mon Jan 2025 371.30 361.05 to 394.00 -6.34% 1.49 times

Technical analysis forecast for Bansal Wire Industries L 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 Bansal Wire Industries L BANSALWIRE at this time. Stock is falling and might fall more.

It appears as if Bansal Wire Industries L BANSALWIRE gave a large move recently.

Stock of Bansal Wire Industries L (BANSALWIRE) 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...

Although my analysis for Bansal Wire Industries L is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 364.1, for a target of 381.3 or 395.69

More indepth analysis on MunafaSutra.com