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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: 6.44
  • 12Day Average: 6.53
  • 20Day Average: 6.55
  • 50Day Average: 6.71
  • 100Day Average: 6.93
  • 150Day Average: 7.26
  • 200Day Average: 7.67

BHANDARI Indicators & signals

Indicator MACD (12,26,9)

6.51, 6.58, -0.08
Indicator MACD is in negative zone

Indicator ADX (14)

22.22, 28.21, 17.95
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
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
26 Tue Nov 2024 6.78 6.40 to 7.05 5.44% 3.29 times
25 Mon Nov 2024 6.43 6.38 to 6.65 -0.16% 0.76 times
22 Fri Nov 2024 6.44 6.20 to 6.50 3.21% 0.45 times
21 Thu Nov 2024 6.24 6.20 to 6.48 -1.42% 0.88 times
19 Tue Nov 2024 6.33 6.30 to 6.59 0.48% 1.03 times
18 Mon Nov 2024 6.30 6.26 to 6.79 -2.48% 1.71 times
14 Thu Nov 2024 6.46 6.43 to 6.75 -2.12% 0.84 times
13 Wed Nov 2024 6.60 6.43 to 7.87 0.61% 1.97 times
12 Tue Nov 2024 6.56 6.52 to 6.81 -2.38% 0.38 times
11 Mon Nov 2024 6.72 6.55 to 6.92 1.05% 1.24 times
08 Fri Nov 2024 6.65 6.61 to 6.85 -2.21% 0.73 times
07 Thu Nov 2024 6.80 6.75 to 6.92 0.74% 1.03 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, 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 Bhandari Hosiery Exp Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bhandari Hosiery Exp Ltd stays above 6.7, but if it comes below 6.7, then a intra day sell could be more profitable.
If you take a sell trade below 6.7, then use 6.7 as stoploss and 6.54 as target. However if you take a buy trade in Bhandari Hosiery Exp Ltd, then use 6.7 as stoploss and 6.9 as target.

More indepth analysis on MunafaSutra.com