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Stock analysis Dhanuka Agritech Limited DHANUKA

More indepth analysis on MunafaSutra.com

Moving Averages for Dhanuka Agritech Limited

  • 5Day Average: 1332
  • 12Day Average: 1252.77
  • 20Day Average: 1168.43
  • 50Day Average: 1100.12
  • 100Day Average: 1099.64
  • 150Day Average: 1014.77
  • 200Day Average: 957.4

DHANUKA Indicators & signals

Indicator MACD (12,26,9)

1258.74, 1179.73, 55.59
Indicator MACD is in positive zone

Indicator ADX (14)

46.22, 30.55, 11.23
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
25 Thu Apr 2024 1349.80 1290.35 to 1360.00 -0% 1.11 times
24 Wed Apr 2024 1349.85 1340.00 to 1385.25 -1.85% 0.59 times
23 Tue Apr 2024 1375.25 1335.95 to 1398.70 3.88% 1.57 times
22 Mon Apr 2024 1323.85 1254.05 to 1395.90 4.96% 0.9 times
19 Fri Apr 2024 1261.25 1240.00 to 1276.80 -0.33% 1.27 times
18 Thu Apr 2024 1265.40 1210.70 to 1283.00 3.43% 2.15 times
16 Tue Apr 2024 1223.45 1141.65 to 1233.90 3.31% 1.3 times
15 Mon Apr 2024 1184.25 1133.10 to 1198.00 -1.12% 0.57 times
12 Fri Apr 2024 1197.65 1155.05 to 1201.00 1.59% 0.55 times
10 Wed Apr 2024 1178.85 1147.15 to 1184.90 0.68% 0.45 times
09 Tue Apr 2024 1170.85 1131.00 to 1175.55 1.57% 0.63 times
08 Mon Apr 2024 1152.75 1100.05 to 1158.95 5.12% 1.18 times

Technical analysis forecast of Dhanuka Agritech 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 Dhanuka Agritech Limited DHANUKA at this time. Stock is rising and might rise more.

It appears as if Dhanuka Agritech Limited DHANUKA gave a large move recently.

Stock of Dhanuka Agritech Limited (DHANUKA) 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 Dhanuka Agritech Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dhanuka Agritech Limited stays above 1327.2, but if it comes below 1327.2, then a intra day sell could be more profitable.
If you take a sell trade below 1327.2, then use 1327.2 as stoploss and 1204.91 as target. However if you take a buy trade in Dhanuka Agritech Limited, then use 1327.2 as stoploss and 1473.9 as target.

More indepth analysis on MunafaSutra.com