Homepage Active Options Active Stocks

Stock analysis Bansal Wire Industries L BANSALWIRE

More indepth analysis on MunafaSutra.com

Moving Averages for Bansal Wire Industries L

  • 5Day Average: 412.86
  • 12Day Average: 414.03
  • 20Day Average: 408.55
  • 50Day Average: 420.91

BANSALWIRE Indicators & signals

Indicator MACD (12,26,9)

412.6, 413.32, -1.42
Indicator MACD is in negative zone

Indicator ADX (14)

7.13, 20.06, 17.39
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
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
22 Fri Nov 2024 413.30 408.00 to 419.90 0.05% 1.03 times
21 Thu Nov 2024 413.10 406.75 to 418.00 -0.08% 0.83 times
19 Tue Nov 2024 413.45 408.80 to 420.00 0.51% 0.28 times
18 Mon Nov 2024 411.35 397.35 to 415.50 -0.42% 0.87 times
14 Thu Nov 2024 413.10 401.35 to 419.65 2.03% 0.8 times
13 Wed Nov 2024 404.90 402.20 to 424.85 -4.8% 0.65 times
12 Tue Nov 2024 425.30 419.30 to 448.00 4.05% 3.43 times
11 Mon Nov 2024 408.75 401.55 to 419.80 -0.99% 0.36 times
08 Fri Nov 2024 412.85 410.20 to 428.00 -2.88% 0.44 times
07 Thu Nov 2024 425.10 410.50 to 429.40 1.46% 1.34 times
06 Wed Nov 2024 419.00 409.85 to 431.00 2.67% 1.01 times
05 Tue Nov 2024 408.10 397.25 to 409.55 1.68% 0.25 times

Technical analysis forecast of Bansal Wire Industries L Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bansal Wire Industries L BANSALWIRE at this time. Stock is rising and might rise more.

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

Stock of Bansal Wire Industries L (BANSALWIRE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Bansal Wire Industries L is bullish for shortterm, and stock might move up till 422 or till 432.8. Use a stoploss of 412.93 and if this stock hits its stoploss, then it can fall down till 403.9

More indepth analysis on MunafaSutra.com