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Stock analysis Gokaldas Exports Limited GOKEX

More indepth analysis on MunafaSutra.com

Moving Averages for Gokaldas Exports Limited

  • 5Day Average: 820.45
  • 12Day Average: 810.43
  • 20Day Average: 797.61
  • 50Day Average: 796.01
  • 100Day Average: 841.78
  • 150Day Average: 844.29
  • 200Day Average: 786.59

GOKEX Indicators & signals

Indicator MACD (12,26,9)

812.63, 799.45, 5.32
Indicator MACD is in positive zone

Indicator ADX (14)

35.67, 29.91, 14.18
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GOKEX Gokaldas Exports Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 879.35 824.20 to 888.50 7.11% 6.14 times
29 Mon Apr 2024 821.00 795.70 to 828.00 3.04% 1.61 times
26 Fri Apr 2024 796.75 781.10 to 807.30 -0.86% 0.95 times
25 Thu Apr 2024 803.70 792.80 to 815.00 0.28% 0.95 times
24 Wed Apr 2024 801.45 799.00 to 824.90 -0.64% 0.9 times
23 Tue Apr 2024 806.60 804.00 to 819.90 -0.55% 0.46 times
22 Mon Apr 2024 811.10 806.45 to 823.80 0.21% 0.64 times
19 Fri Apr 2024 809.40 800.00 to 828.45 0.2% 1.75 times
18 Thu Apr 2024 807.75 790.00 to 825.05 0.91% 0.91 times
16 Tue Apr 2024 800.45 775.00 to 804.00 0.61% 0.66 times
15 Mon Apr 2024 795.60 759.55 to 799.85 0.45% 1.17 times
12 Fri Apr 2024 792.05 787.00 to 806.60 -1.06% 1.02 times

Technical analysis forecast of Gokaldas Exports 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 Gokaldas Exports Limited GOKEX at this time. Stock is rising and might rise more.

It appears as if Gokaldas Exports Limited GOKEX gave a large move recently.

Stock of Gokaldas Exports Limited (GOKEX) 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!

Although my analysis for Gokaldas Exports Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 856.5, for a target of 826.9 or 802.22

More indepth analysis on MunafaSutra.com