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Stock analysis Banswara Syntex Limited BANSWRAS

More indepth analysis on MunafaSutra.com

Moving Averages for Banswara Syntex Limited

  • 5Day Average: 132.13
  • 12Day Average: 136.14
  • 20Day Average: 135.56
  • 50Day Average: 138.89
  • 100Day Average: 147.47
  • 150Day Average: 148
  • 200Day Average: 148.93

BANSWRAS Indicators & signals

Indicator MACD (12,26,9)

134.15, 136.05, -1.22
Indicator MACD is in negative zone

Indicator ADX (14)

27.61, 10.57, 18.64
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BANSWRAS Banswara Syntex Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 130.61 129.11 to 133.10 0.98% 0.51 times
21 Thu Nov 2024 129.34 128.30 to 133.34 -1.85% 1.58 times
19 Tue Nov 2024 131.78 130.05 to 134.53 -0.53% 0.58 times
18 Mon Nov 2024 132.48 131.05 to 138.79 -2.9% 0.9 times
14 Thu Nov 2024 136.43 133.21 to 137.58 3.21% 0.58 times
13 Wed Nov 2024 132.19 130.01 to 138.25 -3.97% 1.69 times
12 Tue Nov 2024 137.66 135.11 to 139.24 -0.94% 1.39 times
11 Mon Nov 2024 138.97 137.30 to 142.00 -0.33% 0.35 times
08 Fri Nov 2024 139.43 138.25 to 143.80 -1.94% 0.6 times
07 Thu Nov 2024 142.19 139.60 to 143.08 0.25% 0.71 times
06 Wed Nov 2024 141.84 138.37 to 144.80 0.77% 1.63 times
05 Tue Nov 2024 140.76 135.63 to 141.70 2.38% 1.95 times

Technical analysis forecast for Banswara Syntex Limited 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 Banswara Syntex Limited BANSWRAS at this time. Stock is falling and might fall more.

It appears as if Banswara Syntex Limited BANSWRAS gave a large move recently.

Stock of Banswara Syntex Limited (BANSWRAS) 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 Banswara Syntex Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Banswara Syntex Limited stays below 131.4, but if it comes above 131.4, then a intra day buy could be more profitable.
If you take a sell trade below 131.4, then use 131.4 as stoploss and 126.6 as target. However if you take a buy trade in Banswara Syntex Limited, then use 131.4 as stoploss and 135.32 as target.

More indepth analysis on MunafaSutra.com