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Stock analysis Grindwell Norton Limited GRINDWELL

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Moving Averages for Grindwell Norton Limited

  • 5Day Average: 2057.91
  • 12Day Average: 2071.39
  • 20Day Average: 2032.35
  • 50Day Average: 2059.5
  • 100Day Average: 2157.17
  • 150Day Average: 2139.07
  • 200Day Average: 2160.91

GRINDWELL Indicators & signals

Indicator MACD (12,26,9)

2058.73, 2047.36, 2.84
Indicator MACD is in positive zone

Indicator ADX (14)

21.56, 22.76, 14.69
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 45
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
24 Wed Apr 2024 2103.05 2070.00 to 2120.75 1.97% 0.3 times
23 Tue Apr 2024 2062.50 2045.10 to 2074.00 0.69% 0.18 times
22 Mon Apr 2024 2048.35 2040.00 to 2062.95 0.35% 0.18 times
19 Fri Apr 2024 2041.30 2011.70 to 2063.45 0.34% 1.27 times
18 Thu Apr 2024 2034.35 2012.50 to 2090.15 -2.07% 0.94 times
16 Tue Apr 2024 2077.40 2071.00 to 2136.10 -2.8% 0.47 times
15 Mon Apr 2024 2137.15 2035.05 to 2151.20 3.2% 1.34 times
12 Fri Apr 2024 2070.80 2052.50 to 2096.45 -0.1% 0.93 times
10 Wed Apr 2024 2072.80 2049.80 to 2093.90 0.03% 0.61 times
09 Tue Apr 2024 2072.15 2052.00 to 2086.95 0.15% 3.59 times
08 Mon Apr 2024 2069.10 2044.05 to 2084.00 0.07% 0.48 times
05 Fri Apr 2024 2067.75 1976.15 to 2080.00 1.5% 2.32 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

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 2108.4 as stoploss in an intra day sell trade for a target of 2047.84. However, stock will show a bullish move above 2108.4.

More indepth analysis on MunafaSutra.com