Stock analysis Den Networks Limited DEN
More indepth analysis on MunafaSutra.com
Recent prices of DEN Den Networks Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
26 Fri Jul 2024 | 55.46 | 54.50 to 56.15 | 2.14% | 1 times |
25 Thu Jul 2024 | 54.30 | 53.68 to 55.65 | -0.11% | 0.72 times |
24 Wed Jul 2024 | 54.36 | 52.28 to 54.50 | 3.98% | 0.86 times |
23 Tue Jul 2024 | 52.28 | 49.65 to 52.75 | 0% | 0.78 times |
23 Tue Jul 2024 | 52.28 | 49.65 to 52.75 | 0.91% | 0.78 times |
22 Mon Jul 2024 | 51.81 | 51.10 to 52.59 | -0.44% | 0.4 times |
19 Fri Jul 2024 | 52.04 | 51.79 to 54.08 | -2.27% | 0.83 times |
18 Thu Jul 2024 | 53.25 | 53.12 to 54.99 | -2.19% | 0.81 times |
16 Tue Jul 2024 | 54.44 | 54.05 to 57.70 | -2.47% | 1.87 times |
15 Mon Jul 2024 | 55.82 | 53.20 to 56.75 | 4.06% | 2.19 times |
12 Fri Jul 2024 | 53.64 | 53.45 to 55.30 | -0.91% | 0.75 times |
11 Thu Jul 2024 | 54.13 | 53.58 to 54.81 | 0.06% | 0.44 times |
Technical analysis forecast of Den Networks 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 Den Networks Limited DEN at this time. Stock is rising and might rise more.
It appears as if Den Networks Limited DEN gave a large move recently.
Stock of Den Networks Limited (DEN) 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 Den Networks Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Den Networks Limited stays above 55.2, but if it comes below 55.2, then a intra day sell could be more profitable.
If you take a sell trade below 55.2, then use 55.2 as stoploss and 53.85 as target. However if you take a buy trade in Den Networks Limited, then use 55.2 as stoploss and 56.7 as target.