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Stock analysis Grindwell Norton Limited GRINDWELL

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Moving Averages for Grindwell Norton Limited

  • 5Day Average: 1984.2
  • 12Day Average: 2092.87
  • 20Day Average: 2125.57
  • 50Day Average: 2153.67
  • 100Day Average: 2292.67
  • 150Day Average: 2413.56
  • 200Day Average: 2341.22

GRINDWELL Indicators & signals

Indicator MACD (12,26,9)

2055.44, 2106.25, -27.83
Indicator MACD is in negative zone

Indicator ADX (14)

32.06, 14.58, 28.35
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
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 Fri Dec 2024 1948.00 1935.75 to 2000.65 -0.54% 1.64 times
26 Thu Dec 2024 1958.55 1953.00 to 2004.30 -1.41% 0.71 times
24 Tue Dec 2024 1986.50 1972.00 to 2013.45 -0.65% 0.51 times
23 Mon Dec 2024 1999.45 1986.70 to 2039.40 -1.43% 0.49 times
20 Fri Dec 2024 2028.50 2006.50 to 2107.45 -2.92% 0.87 times
19 Thu Dec 2024 2089.60 2071.50 to 2147.70 -1.7% 0.79 times
18 Wed Dec 2024 2125.75 2112.20 to 2221.95 0% 1.81 times
18 Wed Dec 2024 2125.75 2112.20 to 2221.95 -4.03% 1.81 times
17 Tue Dec 2024 2215.10 2192.70 to 2222.00 -0.05% 0.59 times
16 Mon Dec 2024 2216.20 2207.70 to 2255.90 0.23% 1.93 times
13 Fri Dec 2024 2211.20 2185.05 to 2220.00 0.06% 0.49 times
12 Thu Dec 2024 2209.80 2196.70 to 2280.00 -1.64% 0.94 times

Technical analysis forecast for Grindwell Norton 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 Grindwell Norton Limited GRINDWELL at this time. Stock is falling and might fall more.

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

Stock of Grindwell Norton Limited (GRINDWELL) 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...

My analysis of Grindwell Norton Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Grindwell Norton Limited stays below 1997.5, but if it comes above 1997.5, then a intra day buy could be more profitable.
If you take a sell trade below 1997.5, then use 1997.5 as stoploss and 1887.6 as target. However if you take a buy trade in Grindwell Norton Limited, then use 1997.5 as stoploss and 2089.01 as target.

More indepth analysis on MunafaSutra.com