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Stock analysis BEML Limited BEML

More indepth analysis on MunafaSutra.com

Moving Averages for BEML Limited

  • 5Day Average: 3911.73
  • 12Day Average: 3912.71
  • 20Day Average: 3897.99
  • 50Day Average: 4194.72
  • 100Day Average: 4182.1
  • 150Day Average: 3852.88
  • 200Day Average: 3635.28

BEML Indicators & signals

Indicator MACD (12,26,9)

3919.01, 3964.87, -71.2
Indicator MACD is in negative zone

Indicator ADX (14)

7.45, 24.95, 21.49
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 BEML BEML Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Fri Sep 2024 3925.20 3906.80 to 4089.00 -0.37% 0.92 times
12 Thu Sep 2024 3939.70 3899.50 to 3955.40 1.28% 0.33 times
11 Wed Sep 2024 3889.80 3842.00 to 3905.00 0.21% 0.32 times
10 Tue Sep 2024 3881.75 3870.00 to 3970.00 -1.03% 0.37 times
09 Mon Sep 2024 3922.20 3832.00 to 3955.00 -0.87% 0.51 times
06 Fri Sep 2024 3956.75 3922.00 to 4046.80 -2.52% 0.66 times
05 Thu Sep 2024 4059.05 4035.00 to 4186.25 -1.16% 0.83 times
04 Wed Sep 2024 4106.70 3824.35 to 4188.80 6.65% 5.11 times
03 Tue Sep 2024 3850.75 3821.80 to 3935.00 1.38% 0.91 times
02 Mon Sep 2024 3798.50 3770.25 to 3850.00 0.01% 0.53 times
30 Fri Aug 2024 3798.30 3780.00 to 3888.00 -0.67% 0.43 times
29 Thu Aug 2024 3823.85 3808.00 to 3938.95 0% 0.39 times

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

It appears as if BEML Limited BEML gave a large move recently.

Stock of BEML Limited (BEML) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of BEML Limited is bearish for shortterm, and stock might move down till 3859.5 or till 3766.9. Use a stoploss of 3936.74 and if the stock hits stoploss, then it can shoot up till 4013.94

More indepth analysis on MunafaSutra.com