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Stock analysis Oswal Chemicals & Fertilizers Limited BINDALAGRO

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Moving Averages for Oswal Chemicals & Fertilizers Limited

  • 5Day Average: 22.73
  • 12Day Average: 22.36
  • 20Day Average: 22.05
  • 50Day Average: 20.45
  • 100Day Average: 22.62
  • 150Day Average: 24.21
  • 200Day Average: 24.91

BINDALAGRO Indicators & signals

Indicator MACD (12,26,9)

22.34, 21.83, 0.47
Indicator MACD is in positive zone

Indicator ADX (14)

35.48, 24.71, 11.76
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 BINDALAGRO Oswal Chemicals & Fertilizers Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu May 2023 22.65 22.55 to 23.20 -1.31% 0.4 times
17 Wed May 2023 22.95 22.75 to 23.60 0% 1.18 times
16 Tue May 2023 22.95 22.70 to 23.25 1.55% 1.04 times
15 Mon May 2023 22.60 22.40 to 22.95 0.44% 1.74 times
12 Fri May 2023 22.50 21.55 to 23.20 2.97% 1.52 times
11 Thu May 2023 21.85 21.75 to 22.00 0.46% 0.27 times
10 Wed May 2023 21.75 21.25 to 22.10 -0.23% 0.62 times
09 Tue May 2023 21.80 21.35 to 22.40 -1.36% 0.45 times
08 Mon May 2023 22.10 22.05 to 22.65 -0.9% 1.5 times
05 Fri May 2023 22.30 22.20 to 23.00 -1.33% 0.55 times
04 Thu May 2023 22.60 22.15 to 22.90 1.57% 1.13 times
03 Wed May 2023 22.25 21.75 to 22.55 2.06% 1.04 times

Technical analysis forecast of Oswal Chemicals & Fertilizers Limited 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 Oswal Chemicals & Fertilizers Limited BINDALAGRO at this time. Stock is rising and might rise more.

It appears as if Oswal Chemicals & Fertilizers Limited BINDALAGRO gave a large move recently.

Stock of Oswal Chemicals & Fertilizers Limited (BINDALAGRO) 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 Oswal Chemicals & Fertilizers Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Oswal Chemicals & Fertilizers Limited stays above 22.6, but if it comes below 22.6, then a intra day sell could be more profitable.
If you take a sell trade below 22.6, then use 22.6 as stoploss and 22.02 as target. However if you take a buy trade in Oswal Chemicals & Fertilizers Limited, then use 22.6 as stoploss and 23.2 as target.

More indepth analysis on MunafaSutra.com