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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: 356.26
  • 12Day Average: 363.62
  • 20Day Average: 359.56
  • 50Day Average: 359.71
  • 100Day Average: 386.72
  • 150Day Average: 400.35
  • 200Day Average: 397.91

BANSALWIRE Indicators & signals

Indicator MACD (12,26,9)

359.79, 361.76, -0.66
Indicator MACD is in negative zone

Indicator ADX (14)

8.36, 17.73, 20.97
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
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
08 Thu May 2025 354.70 351.20 to 362.00 0.51% 1.79 times
07 Wed May 2025 352.90 341.00 to 355.20 0.03% 0.51 times
06 Tue May 2025 352.80 351.00 to 365.00 -2.62% 0.64 times
05 Mon May 2025 362.30 353.00 to 364.50 1.03% 0.56 times
02 Fri May 2025 358.60 355.00 to 363.00 0.29% 0.55 times
30 Wed Apr 2025 357.55 353.30 to 373.85 -2.69% 1.3 times
29 Tue Apr 2025 367.45 366.15 to 375.45 -1.17% 0.54 times
28 Mon Apr 2025 371.80 361.00 to 377.95 1.58% 1.21 times
25 Fri Apr 2025 366.00 363.10 to 396.00 -2.14% 2.82 times
24 Thu Apr 2025 374.00 366.55 to 378.00 0.47% 0.8 times
23 Wed Apr 2025 372.25 365.50 to 377.25 -0.21% 1.08 times
22 Tue Apr 2025 373.05 363.90 to 377.25 1.77% 5.38 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...

My analysis of Bansal Wire Industries L is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 351.2 as stoploss in an intra day buy trade for a target of 361.12. However, stock will show a bearish move below 351.2.

More indepth analysis on MunafaSutra.com