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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: 362.38
  • 12Day Average: 376.13
  • 20Day Average: 370.71
  • 50Day Average: 366.84
  • 100Day Average: 374.07
  • 150Day Average: 394.75
  • 200Day Average: 399.56

BANSALWIRE Indicators & signals

Indicator MACD (12,26,9)

368.58, 369.2, 1.96
Indicator MACD is in negative zone

Indicator ADX (14)

1.62, 22.05, 21.35
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

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
30 Fri May 2025 362.55 355.50 to 365.00 0.62% 0.63 times
29 Thu May 2025 360.30 358.00 to 364.75 -0.33% 0.34 times
28 Wed May 2025 361.50 360.10 to 369.90 -1.07% 0.49 times
27 Tue May 2025 365.40 361.00 to 366.35 0.9% 0.4 times
26 Mon May 2025 362.15 360.25 to 367.30 -0.23% 0.62 times
23 Fri May 2025 363.00 361.00 to 374.95 -1.85% 0.95 times
22 Thu May 2025 369.85 368.00 to 382.50 -3.57% 0.94 times
21 Wed May 2025 383.55 380.05 to 399.20 -2.54% 0.82 times
20 Tue May 2025 393.55 391.25 to 420.00 -2.25% 4.11 times
19 Mon May 2025 402.60 398.55 to 408.80 1.51% 0.85 times
16 Fri May 2025 396.60 390.95 to 405.00 1.06% 0.49 times
15 Thu May 2025 392.45 388.45 to 399.95 0.42% 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, and stock might move down till 353.5 or till 334.5. Use a stoploss of 369.41 and if the stock hits stoploss, then it can shoot up till 385.28

More indepth analysis on MunafaSutra.com