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Stock analysis Grindwell Norton Limited GRINDWELL

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Moving Averages for Grindwell Norton Limited

  • 5Day Average: 2351.66
  • 12Day Average: 2315.44
  • 20Day Average: 2245.19
  • 50Day Average: 2101.63
  • 100Day Average: 2166.97
  • 150Day Average: 2159.04
  • 200Day Average: 2163.67

GRINDWELL Indicators & signals

Indicator MACD (12,26,9)

2309.48, 2235.42, 68.09
Indicator MACD is in positive zone

Indicator ADX (14)

10.51, 20.52, 16.61
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GRINDWELL Grindwell Norton Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Mon May 2024 2330.90 2309.00 to 2390.00 -1.83% 0.9 times
24 Fri May 2024 2374.40 2334.95 to 2398.95 1.32% 0.75 times
23 Thu May 2024 2343.40 2295.00 to 2394.00 -1.52% 0.96 times
22 Wed May 2024 2379.60 2331.15 to 2383.00 2.13% 1.26 times
21 Tue May 2024 2330.00 2305.00 to 2386.45 -1.43% 0.53 times
18 Sat May 2024 2363.90 2311.20 to 2398.95 -0.52% 0.07 times
17 Fri May 2024 2376.30 2345.75 to 2387.90 0.74% 1.72 times
16 Thu May 2024 2358.85 2274.80 to 2371.00 3.33% 1.6 times
15 Wed May 2024 2282.80 2230.00 to 2290.00 1.45% 0.96 times
14 Tue May 2024 2250.10 2229.95 to 2271.50 0.84% 0.59 times
13 Mon May 2024 2231.25 2055.65 to 2242.20 3.12% 1.57 times
10 Fri May 2024 2163.80 2127.20 to 2175.00 0.15% 0.58 times

Technical analysis forecast of Grindwell Norton 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 Grindwell Norton Limited GRINDWELL at this time. Stock is rising and might rise more.

It appears as if Grindwell Norton Limited GRINDWELL gave a large move recently.

Stock of Grindwell Norton Limited (GRINDWELL) 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 Grindwell Norton Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2365.7 as stoploss in an intra day sell trade for a target of 2262.8. However, stock will show a bullish move above 2365.7.

More indepth analysis on MunafaSutra.com