Stock analysis Esab India Limited ESABINDIA
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Recent prices of ESABINDIA Esab India Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
21 Tue Mar 2023 | 3537.20 | 3513.25 to 3625.45 | -0.78% | 0.8 times |
20 Mon Mar 2023 | 3565.10 | 3551.00 to 3702.10 | -4.06% | 3.1 times |
17 Fri Mar 2023 | 3715.95 | 3701.30 to 3781.85 | -1.19% | 0.49 times |
16 Thu Mar 2023 | 3760.65 | 3682.00 to 3860.90 | 1.41% | 0.97 times |
15 Wed Mar 2023 | 3708.45 | 3700.00 to 3768.35 | 0.25% | 0.4 times |
14 Tue Mar 2023 | 3699.25 | 3675.00 to 3768.90 | 0.01% | 0.43 times |
13 Mon Mar 2023 | 3698.90 | 3663.00 to 3817.80 | -1.66% | 0.71 times |
10 Fri Mar 2023 | 3761.40 | 3712.85 to 3842.95 | 0.78% | 0.68 times |
09 Thu Mar 2023 | 3732.35 | 3725.00 to 3869.00 | -1.77% | 0.93 times |
08 Wed Mar 2023 | 3799.45 | 3772.00 to 3870.00 | -0.95% | 0.73 times |
06 Mon Mar 2023 | 3835.95 | 3760.50 to 3917.70 | 2.56% | 1.56 times |
03 Fri Mar 2023 | 3740.30 | 3696.20 to 3770.00 | 1.58% | 0.64 times |
Technical analysis forecast for Esab India 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 Esab India Limited ESABINDIA at this time. Stock is falling and might fall more.
It appears as if Esab India Limited ESABINDIA gave a large move recently.
Stock of Esab India Limited (ESABINDIA) 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 Esab India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Esab India Limited stays below 3614.3, but if it comes above 3614.3, then a intra day buy could be more profitable.
If you take a sell trade below 3614.3, then use 3614.3 as stoploss and 3442 as target. However if you take a buy trade in Esab India Limited, then use 3614.3 as stoploss and 3757.83 as target.