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Stock analysis Goyal Aluminiums Limited GOYALALUM

More indepth analysis on MunafaSutra.com

Moving Averages for Goyal Aluminiums Limited

  • 5Day Average: 285.39
  • 12Day Average: 273.46
  • 20Day Average: 257.59
  • 50Day Average: 223.23

GOYALALUM Indicators & signals

Indicator MACD (12,26,9)

273.13, 253.23, 17.89
Indicator MACD is in positive zone

Indicator ADX (14)

15.19, 30.61, 22.54
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GOYALALUM Goyal Aluminiums Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Thu Mar 2023 292.45 290.40 to 292.55 0.93% 0.72 times
08 Wed Mar 2023 289.75 287.00 to 289.85 1.12% 0.76 times
06 Mon Mar 2023 286.55 255.80 to 298.70 2.14% 2.9 times
03 Fri Mar 2023 280.55 278.30 to 281.20 1.04% 0.81 times
02 Thu Mar 2023 277.65 275.35 to 277.85 1.11% 0.75 times
01 Wed Mar 2023 274.60 272.15 to 274.65 1.07% 0.82 times
28 Tue Feb 2023 271.70 268.80 to 271.90 1.14% 1.15 times
27 Mon Feb 2023 268.65 264.50 to 268.70 1.63% 1.13 times
24 Fri Feb 2023 264.35 262.05 to 264.45 1.13% 0.41 times
23 Thu Feb 2023 261.40 259.00 to 261.55 1.12% 0.69 times
22 Wed Feb 2023 258.50 255.70 to 258.60 1.23% 0.6 times
21 Tue Feb 2023 255.35 252.50 to 255.55 1.35% 1.15 times

Technical analysis forecast of Goyal Aluminiums 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 Goyal Aluminiums Limited GOYALALUM at this time. Stock is rising and might rise more.

It appears as if Goyal Aluminiums Limited GOYALALUM gave a large move recently.

Stock of Goyal Aluminiums Limited (GOYALALUM) 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 Goyal Aluminiums Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Goyal Aluminiums Limited stays above 283, but if it comes below 283, then a intra day sell could be more profitable.
If you take a sell trade below 283, then use 283 as stoploss and 260.95 as target. However if you take a buy trade in Goyal Aluminiums Limited, then use 283 as stoploss and 309.4 as target.

More indepth analysis on MunafaSutra.com