Stock analysis Bansal Wire Industries L BANSALWIRE
More indepth analysis on MunafaSutra.com
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 |
| 30 Wed Oct 2024 | 401.25 | 399.00 to 407.55 | -0.12% | 0.34 times |
| 29 Tue Oct 2024 | 401.75 | 395.00 to 409.05 | 0.63% | 0.87 times |
| 28 Mon Oct 2024 | 399.25 | 382.15 to 406.70 | 2.38% | 0.85 times |
| 25 Fri Oct 2024 | 389.95 | 373.50 to 401.00 | -0.99% | 1.27 times |
| 24 Thu Oct 2024 | 393.85 | 387.85 to 409.00 | -3.17% | 0.98 times |
| 23 Wed Oct 2024 | 406.75 | 404.00 to 418.65 | -1.11% | 0.54 times |
| 22 Tue Oct 2024 | 411.30 | 409.65 to 429.10 | -3.64% | 0.99 times |
| 21 Mon Oct 2024 | 426.85 | 423.20 to 438.75 | 0.49% | 1.43 times |
| 18 Fri Oct 2024 | 424.75 | 420.00 to 432.30 | -0.07% | 0.75 times |
| 17 Thu Oct 2024 | 425.05 | 422.00 to 438.25 | 0.22% | 0.94 times |
| 16 Wed Oct 2024 | 424.10 | 420.00 to 442.00 | -1.08% | 1.4 times |
| 15 Tue Oct 2024 | 428.75 | 425.00 to 434.00 | -0.35% | 0.56 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 400 as stoploss in an intra day buy trade for a target of 413.31. However, stock will show a bearish move below 400.