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Stock analysis Bohra Industries Limited BOHRAIND

More indepth analysis on MunafaSutra.com

Moving Averages for Bohra Industries Limited

  • 5Day Average: 62.82
  • 12Day Average: 71.95
  • 20Day Average: 76.82
  • 50Day Average: 86.69

BOHRAIND Indicators & signals

Indicator MACD (12,26,9)

69.96, 77.35, -5.61
Indicator MACD is in negative zone

Indicator ADX (14)

48.86, 12.23, 35.59
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BOHRAIND Bohra Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Wed Jul 2023 60.15 60.15 to 63.70 -4.98% 2.16 times
11 Tue Jul 2023 63.30 57.35 to 63.35 4.89% 5.37 times
10 Mon Jul 2023 60.35 60.35 to 60.35 -4.96% 0.08 times
07 Fri Jul 2023 63.50 63.50 to 63.50 -4.94% 1.32 times
06 Thu Jul 2023 66.80 66.80 to 66.80 -4.98% 2.39 times
05 Wed Jul 2023 70.30 70.30 to 70.30 -5% 0.36 times
04 Tue Jul 2023 74.00 74.00 to 81.70 -5.01% 0.15 times
03 Mon Jul 2023 77.90 77.90 to 82.05 -5% 0.3 times
30 Fri Jun 2023 82.00 80.00 to 85.00 1.17% 0.04 times
28 Wed Jun 2023 81.05 81.05 to 86.15 -1.22% 0.01 times
27 Tue Jun 2023 82.05 81.90 to 82.05 0% 0 times
26 Mon Jun 2023 82.05 81.10 to 85.75 0.18% 0.02 times

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

It appears as if Bohra Industries Limited BOHRAIND gave a large move recently.

Stock of Bohra Industries Limited (BOHRAIND) 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 Bohra Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bohra Industries Limited stays below 65.8, but if it comes above 65.8, then a intra day buy could be more profitable.
If you take a sell trade below 65.8, then use 65.8 as stoploss and 55 as target. However if you take a buy trade in Bohra Industries Limited, then use 65.8 as stoploss and 74.73 as target.

More indepth analysis on MunafaSutra.com