Stock analysis Esaf Small Finance Bank L ESAFSFB
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Recent prices of ESAFSFB Esaf Small Finance Bank L are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 18 Sat May 2024 | 55.60 | 55.00 to 56.80 | 1.65% | 0.31 times |
| 17 Fri May 2024 | 54.70 | 54.50 to 55.20 | 0.27% | 0.79 times |
| 16 Thu May 2024 | 54.55 | 54.45 to 55.25 | -0.27% | 0.51 times |
| 15 Wed May 2024 | 54.70 | 54.50 to 55.75 | -0.18% | 0.65 times |
| 14 Tue May 2024 | 54.80 | 54.40 to 55.85 | -0.27% | 0.76 times |
| 13 Mon May 2024 | 54.95 | 53.90 to 55.70 | -0.72% | 1.05 times |
| 10 Fri May 2024 | 55.35 | 55.05 to 56.50 | -1.42% | 1.18 times |
| 09 Thu May 2024 | 56.15 | 55.50 to 57.40 | -6.26% | 2.86 times |
| 08 Wed May 2024 | 59.90 | 59.70 to 61.00 | -0.83% | 0.65 times |
| 07 Tue May 2024 | 60.40 | 59.75 to 61.50 | -1.06% | 0.59 times |
| 06 Mon May 2024 | 61.05 | 59.85 to 62.95 | -2.01% | 0.96 times |
| 03 Fri May 2024 | 62.30 | 61.50 to 63.95 | -2.12% | 0.8 times |
Technical analysis forecast for Esaf Small Finance Bank L 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 Esaf Small Finance Bank L ESAFSFB at this time. Stock is falling and might fall more.
It appears as if Esaf Small Finance Bank L ESAFSFB gave a large move recently.
Stock of Esaf Small Finance Bank L (ESAFSFB) 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 Esaf Small Finance Bank L is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 54.5 as stoploss in an intra day buy trade for a target of 57.72. However, stock will show a bearish move below 54.5.