Stock analysis Hi-Tech Pipes HITECH
More indepth analysis on MunafaSutra.com
Recent prices of HITECH Hi-Tech Pipes are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Fri Oct 2024 | 171.82 | 166.45 to 178.00 | -1.43% | 0.63 times |
| 24 Thu Oct 2024 | 174.32 | 173.53 to 181.31 | -2.61% | 0.3 times |
| 23 Wed Oct 2024 | 178.99 | 172.14 to 182.68 | 2.12% | 0.57 times |
| 22 Tue Oct 2024 | 175.27 | 173.60 to 187.23 | -5.26% | 0.88 times |
| 21 Mon Oct 2024 | 185.00 | 182.15 to 188.60 | -0.1% | 0.9 times |
| 18 Fri Oct 2024 | 185.18 | 182.06 to 186.59 | -0.37% | 1.94 times |
| 17 Thu Oct 2024 | 185.87 | 185.00 to 201.00 | -6.31% | 2.98 times |
| 16 Wed Oct 2024 | 198.38 | 196.00 to 199.80 | 0.64% | 0.32 times |
| 15 Tue Oct 2024 | 197.11 | 195.16 to 201.00 | -0.22% | 0.69 times |
| 14 Mon Oct 2024 | 197.54 | 196.05 to 201.00 | -2.01% | 0.69 times |
| 11 Fri Oct 2024 | 201.59 | 200.10 to 208.00 | -1.96% | 0.72 times |
| 10 Thu Oct 2024 | 205.61 | 200.43 to 206.95 | 1.76% | 0.86 times |
Technical analysis forecast for Hi-Tech Pipes 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 Hi-Tech Pipes HITECH at this time. Stock is falling and might fall more.
It appears as if Hi-Tech Pipes HITECH gave a large move recently.
Stock of Hi-Tech Pipes (HITECH) 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 Hi-Tech Pipes is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Hi-Tech Pipes stays below 177.7, but if it comes above 177.7, then a intra day buy could be more profitable.
If you take a sell trade below 177.7, then use 177.7 as stoploss and 165.9 as target. However if you take a buy trade in Hi-Tech Pipes, then use 177.7 as stoploss and 187.61 as target.