Stock analysis Emami Limited EMAMILTD
More indepth analysis on MunafaSutra.com
Recent prices of EMAMILTD Emami Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Wed Oct 2024 | 667.70 | 645.50 to 674.90 | 2.72% | 0.46 times |
| 29 Tue Oct 2024 | 650.00 | 648.50 to 659.00 | -0.38% | 0.42 times |
| 28 Mon Oct 2024 | 652.50 | 635.00 to 655.85 | 1.08% | 0.44 times |
| 25 Fri Oct 2024 | 645.50 | 632.50 to 658.00 | 1.1% | 0.93 times |
| 24 Thu Oct 2024 | 638.50 | 632.00 to 680.00 | -4.2% | 1.55 times |
| 23 Wed Oct 2024 | 666.50 | 651.55 to 676.50 | 0.1% | 1.09 times |
| 22 Tue Oct 2024 | 665.85 | 662.80 to 702.40 | -4.09% | 0.55 times |
| 21 Mon Oct 2024 | 694.25 | 688.05 to 706.80 | -0.94% | 0.59 times |
| 18 Fri Oct 2024 | 700.85 | 692.05 to 715.00 | -1.98% | 0.62 times |
| 17 Thu Oct 2024 | 715.00 | 712.00 to 738.80 | -3.1% | 0.47 times |
| 16 Wed Oct 2024 | 737.90 | 714.65 to 746.35 | -0.04% | 3.35 times |
| 15 Tue Oct 2024 | 738.20 | 721.05 to 742.20 | 1.88% | 0.4 times |
Technical analysis forecast for Emami 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 Emami Limited EMAMILTD at this time. Stock is falling and might fall more.
It appears as if Emami Limited EMAMILTD gave a large move recently.
Stock of Emami Limited (EMAMILTD) 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 Emami Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 657.2 as stoploss in an intra day buy trade for a target of 696.18. However, stock will show a bearish move below 657.2.