Stock analysis Cello World Limited CELLO

More indepth analysis on MunafaSutra.com

Moving Averages for Cello World Limited

5Day Average: 926.47
12Day Average: 879.98
20Day Average: 848.72
50Day Average: 823.22
100Day Average: 827.24

CELLO Indicators & signals

Indicator MACD (12,26,9)

888.17, 854.9, 21.84
Indicator MACD is in positive zone

Indicator ADX (14)

39.88, 33.17, 14.25
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

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

Date	Close	Range	Change %	Volume
29 Mon Apr 2024	928.50	912.00 to 938.85	-0.25%	0.5 times
26 Fri Apr 2024	930.80	925.40 to 947.65	0.13%	0.34 times
25 Thu Apr 2024	929.55	920.70 to 963.80	-2.14%	0.82 times
24 Wed Apr 2024	949.90	889.10 to 958.00	6.3%	2.2 times
23 Tue Apr 2024	893.60	872.80 to 905.85	1.3%	1.96 times
22 Mon Apr 2024	882.15	853.30 to 888.80	3.44%	1.77 times
19 Fri Apr 2024	852.85	834.55 to 860.00	-0.45%	0.41 times
18 Thu Apr 2024	856.70	853.50 to 887.70	1.2%	0.83 times
16 Tue Apr 2024	846.50	813.55 to 860.50	2.83%	0.81 times
15 Mon Apr 2024	823.20	802.25 to 829.35	-1.29%	0.29 times
12 Fri Apr 2024	834.00	822.00 to 842.60	0.23%	0.57 times
10 Wed Apr 2024	832.05	809.05 to 836.00	1.8%	0.32 times

Technical analysis forecast of Cello World 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 Cello World Limited CELLO at this time. Stock is rising and might rise more.

It appears as if Cello World Limited CELLO gave a large move recently.

Stock of Cello World Limited (CELLO) 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 Cello World Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Cello World Limited stays above 917.3, but if it comes below 917.3, then a intra day sell could be more profitable.
If you take a sell trade below 917.3, then use 917.3 as stoploss and 865.17 as target. However if you take a buy trade in Cello World Limited, then use 917.3 as stoploss and 979.7 as target.

More indepth analysis on MunafaSutra.com