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Stock analysis Ester Industries Limited ESTER

More indepth analysis on MunafaSutra.com

Moving Averages for Ester Industries Limited

  • 5Day Average: 118.88
  • 12Day Average: 104.08
  • 20Day Average: 99.89
  • 50Day Average: 97.54
  • 100Day Average: 95.58
  • 150Day Average: 93.96
  • 200Day Average: 95.65

ESTER Indicators & signals

Indicator MACD (12,26,9)

108.41, 101.9, 2.94
Indicator MACD is in positive zone

Indicator ADX (14)

59.49, 38.04, 9.66
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ESTER Ester Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 122.70 118.50 to 127.85 -2.89% 0.79 times
25 Thu Apr 2024 126.35 117.90 to 128.00 6.09% 1.49 times
24 Wed Apr 2024 119.10 113.45 to 123.25 2.28% 1.83 times
23 Tue Apr 2024 116.45 114.30 to 120.80 6.06% 3.94 times
22 Mon Apr 2024 109.80 90.90 to 109.80 20% 2.02 times
19 Fri Apr 2024 91.50 89.90 to 92.35 0.27% 0.06 times
18 Thu Apr 2024 91.25 91.00 to 94.00 -1.93% 0.1 times
16 Tue Apr 2024 93.05 90.00 to 93.60 1.09% 0.11 times
15 Mon Apr 2024 92.05 89.45 to 93.25 -3.26% 0.15 times
12 Fri Apr 2024 95.15 94.20 to 97.30 -1.25% 0.15 times
10 Wed Apr 2024 96.35 94.00 to 98.50 1.26% 0.15 times
09 Tue Apr 2024 95.15 93.80 to 97.30 -0.73% 0.08 times

Technical analysis forecast of Ester Industries 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 Ester Industries Limited ESTER at this time. Stock is rising and might rise more.

It appears as if Ester Industries Limited ESTER gave a large move recently.

Stock of Ester Industries Limited (ESTER) 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 Ester Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ester Industries Limited stays above 115.5, but if it comes below 115.5, then a intra day sell could be more profitable.
If you take a sell trade below 115.5, then use 115.5 as stoploss and 103.75 as target. However if you take a buy trade in Ester Industries Limited, then use 115.5 as stoploss and 129.7 as target.

More indepth analysis on MunafaSutra.com