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 |
16 Tue Apr 2024 | 5027.75 | 4990.00 to 5075.00 | 0.25% | 0.38 times |
15 Mon Apr 2024 | 5015.00 | 4939.00 to 5095.35 | -1.49% | 1.34 times |
12 Fri Apr 2024 | 5090.60 | 5050.00 to 5144.35 | -0.85% | 0.47 times |
10 Wed Apr 2024 | 5134.10 | 5102.00 to 5189.85 | -0.11% | 0.64 times |
09 Tue Apr 2024 | 5139.90 | 5110.00 to 5232.00 | -1.28% | 0.94 times |
08 Mon Apr 2024 | 5206.30 | 5200.00 to 5345.00 | -1.84% | 1.32 times |
05 Fri Apr 2024 | 5304.15 | 5288.00 to 5369.00 | -1.12% | 0.78 times |
04 Thu Apr 2024 | 5364.10 | 5312.00 to 5380.00 | 0.63% | 0.95 times |
03 Wed Apr 2024 | 5330.75 | 5313.20 to 5369.95 | 0.33% | 0.95 times |
02 Tue Apr 2024 | 5313.15 | 5270.00 to 5448.00 | -0.91% | 1.67 times |
01 Mon Apr 2024 | 5361.95 | 5252.00 to 5389.95 | 2.09% | 0.94 times |
28 Thu Mar 2024 | 5252.05 | 5162.00 to 5328.70 | -0.91% | 0.74 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4982.9 as stoploss in an intra day buy trade for a target of 5149.83. However, stock will show a bearish move below 4982.9.