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Stock analysis Bhandari Hosiery Exp Ltd BHANDARI

More indepth analysis on MunafaSutra.com

Moving Averages for Bhandari Hosiery Exp Ltd

  • 5Day Average: 8.66
  • 12Day Average: 8.02
  • 20Day Average: 7.94
  • 50Day Average: 8.02
  • 100Day Average: 8.65
  • 150Day Average: 7.61
  • 200Day Average: 6.93

BHANDARI Indicators & signals

Indicator MACD (12,26,9)

8.2, 8.05, 0.05
Indicator MACD is in positive zone

Indicator ADX (14)

3.45, 28.85, 26.92
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BHANDARI Bhandari Hosiery Exp Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Wed Jun 2024 8.12 7.89 to 8.30 -6.99% 0.97 times
18 Tue Jun 2024 8.73 8.62 to 8.90 1.39% 1.07 times
14 Fri Jun 2024 8.61 8.20 to 9.00 -1.6% 0.74 times
13 Thu Jun 2024 8.75 8.62 to 9.70 -3.63% 1.78 times
12 Wed Jun 2024 9.08 7.70 to 9.33 16.71% 4.79 times
11 Tue Jun 2024 7.78 7.63 to 7.83 0.91% 0.19 times
10 Mon Jun 2024 7.71 7.60 to 7.88 -1.15% 0.25 times
07 Fri Jun 2024 7.80 7.55 to 7.95 4.7% 0.29 times
06 Thu Jun 2024 7.45 7.30 to 7.70 0.68% 0.3 times
05 Wed Jun 2024 7.40 6.85 to 7.45 4.96% 0.22 times
04 Tue Jun 2024 7.05 7.00 to 7.85 -9.03% 0.37 times
03 Mon Jun 2024 7.75 7.70 to 8.00 0% 0.27 times

Technical analysis forecast of Bhandari Hosiery Exp Ltd 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 Bhandari Hosiery Exp Ltd BHANDARI at this time. Stock is rising and might rise more.

It appears as if Bhandari Hosiery Exp Ltd BHANDARI gave a large move recently.

Stock of Bhandari Hosiery Exp Ltd (BHANDARI) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Bhandari Hosiery Exp Ltd is bullish for shortterm, and stock might move up till 8.6 or till 9.1. Use a stoploss of 8.07 and if this stock hits its stoploss, then it can fall down till 7.59

More indepth analysis on MunafaSutra.com