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Stock analysis BSL Limited BSL

More indepth analysis on MunafaSutra.com

Moving Averages for BSL Limited

  • 5Day Average: 186.47
  • 12Day Average: 189.85
  • 20Day Average: 194.05
  • 50Day Average: 203.23
  • 100Day Average: 195.48
  • 150Day Average: 194.22
  • 200Day Average: 189.01

BSL Indicators & signals

Indicator MACD (12,26,9)

189.81, 194.91, -4.24
Indicator MACD is in negative zone

Indicator ADX (14)

27.7, 8.75, 15.45
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
01 Fri Mar 2024 183.95 182.60 to 186.75 0.82% 0.45 times
29 Thu Feb 2024 182.45 180.35 to 193.10 -2.69% 0.34 times
28 Wed Feb 2024 187.50 186.45 to 194.80 -0.27% 0.34 times
27 Tue Feb 2024 188.00 187.20 to 196.90 -1.29% 1.61 times
26 Mon Feb 2024 190.45 189.05 to 194.95 -0.55% 0.48 times
23 Fri Feb 2024 191.50 189.40 to 195.50 0.08% 0.63 times
22 Thu Feb 2024 191.35 190.00 to 194.70 -0.65% 0.52 times
21 Wed Feb 2024 192.60 191.10 to 199.00 -0.39% 0.65 times
20 Tue Feb 2024 193.35 190.60 to 196.80 0.6% 0.95 times
19 Mon Feb 2024 192.20 190.40 to 198.00 0.39% 1.8 times
16 Fri Feb 2024 191.45 188.00 to 202.00 -1.01% 2.68 times
15 Thu Feb 2024 193.40 192.30 to 203.00 -3.37% 1.47 times

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

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

Stock of BSL Limited (BSL) 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 BSL Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if BSL Limited stays below 186.1, but if it comes above 186.1, then a intra day buy could be more profitable.
If you take a sell trade below 186.1, then use 186.1 as stoploss and 177.6 as target. However if you take a buy trade in BSL Limited, then use 186.1 as stoploss and 193.12 as target.

More indepth analysis on MunafaSutra.com