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Stock analysis Ganesh Benzoplast Limited GANESHBE

More indepth analysis on MunafaSutra.com

Moving Averages for Ganesh Benzoplast Limited

  • 5Day Average: 157.8
  • 12Day Average: 162.28
  • 20Day Average: 163.9
  • 50Day Average: 164.47
  • 100Day Average: 158.66
  • 150Day Average: 166.57
  • 200Day Average: 167.1

GANESHBE Indicators & signals

Indicator MACD (12,26,9)

160.82, 162.64, -0.47
Indicator MACD is in negative zone

Indicator ADX (14)

18.75, 14.09, 20.59
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GANESHBE Ganesh Benzoplast Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Tue Sep 2024 154.13 153.70 to 159.25 -1.51% 1.57 times
16 Mon Sep 2024 156.49 155.49 to 162.34 -2.63% 1.07 times
13 Fri Sep 2024 160.71 158.61 to 162.79 0.89% 0.45 times
12 Thu Sep 2024 159.30 157.27 to 160.76 0.59% 0.68 times
11 Wed Sep 2024 158.37 156.90 to 164.00 -2.72% 0.95 times
10 Tue Sep 2024 162.79 162.00 to 164.93 0.61% 0.63 times
09 Mon Sep 2024 161.81 160.10 to 164.79 -1.53% 0.57 times
06 Fri Sep 2024 164.32 163.55 to 170.00 -2.88% 0.53 times
05 Thu Sep 2024 169.20 165.77 to 170.57 2.35% 1.45 times
04 Wed Sep 2024 165.32 163.10 to 169.00 -3.02% 1.41 times
03 Tue Sep 2024 170.46 163.10 to 172.40 3.64% 2.26 times
02 Mon Sep 2024 164.48 162.85 to 167.10 -1.28% 0.75 times

Technical analysis forecast for Ganesh Benzoplast 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 Ganesh Benzoplast Limited GANESHBE at this time. Stock is falling and might fall more.

It appears as if Ganesh Benzoplast Limited GANESHBE gave a large move recently.

Stock of Ganesh Benzoplast Limited (GANESHBE) 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...

Although my analysis for Ganesh Benzoplast Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 152.7, for a target of 157.9 or 162.25

More indepth analysis on MunafaSutra.com