Stock analysis Gvp Infotech Limited GVPTECH

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Moving Averages for Gvp Infotech Limited

5Day Average: 12.11
12Day Average: 12.53
20Day Average: 12.25

GVPTECH Indicators & signals

Recent prices of GVPTECH Gvp Infotech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
30 Tue Apr 2024	11.75	11.50 to 12.30	-2.49%	1.64 times
29 Mon Apr 2024	12.05	12.00 to 12.40	-0.82%	0.69 times
26 Fri Apr 2024	12.15	12.10 to 12.40	-0.41%	0.51 times
25 Thu Apr 2024	12.20	11.80 to 13.00	-1.61%	1.88 times
24 Wed Apr 2024	12.40	12.20 to 13.10	-3.13%	1.53 times
23 Tue Apr 2024	12.80	12.60 to 13.10	1.99%	0.83 times
22 Mon Apr 2024	12.55	12.40 to 13.20	-1.95%	0.78 times
19 Fri Apr 2024	12.80	12.20 to 13.10	0%	0.77 times
18 Thu Apr 2024	12.80	12.60 to 13.30	0.39%	0.94 times
16 Tue Apr 2024	12.75	12.25 to 13.20	-1.16%	0.65 times
15 Mon Apr 2024	12.90	12.55 to 13.40	-2.27%	1.43 times
12 Fri Apr 2024	13.20	13.05 to 13.60	1.15%	1.65 times

Technical analysis forecast for Gvp Infotech 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 Gvp Infotech Limited GVPTECH at this time. Stock is falling and might fall more.

It appears as if Gvp Infotech Limited GVPTECH gave a large move recently.

Stock of Gvp Infotech Limited (GVPTECH) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Gvp Infotech Limited is bearish for shortterm, and stock might move down till 11.4 or till 10.6. Use a stoploss of 12.07 and if the stock hits stoploss, then it can shoot up till 12.76

More indepth analysis on MunafaSutra.com