Stock analysis Honasa Consumer Limited HONASA
More indepth analysis on MunafaSutra.com
Recent prices of HONASA Honasa Consumer Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Fri Oct 2024 | 399.90 | 393.45 to 415.60 | -2.96% | 1.25 times |
| 24 Thu Oct 2024 | 412.10 | 399.40 to 417.15 | 3.12% | 0.47 times |
| 23 Wed Oct 2024 | 399.65 | 396.25 to 408.95 | -1.52% | 0.49 times |
| 22 Tue Oct 2024 | 405.80 | 400.00 to 419.50 | -3.03% | 0.75 times |
| 21 Mon Oct 2024 | 418.50 | 416.80 to 426.85 | -1.04% | 0.17 times |
| 18 Fri Oct 2024 | 422.90 | 419.00 to 431.00 | -0.32% | 0.64 times |
| 17 Thu Oct 2024 | 424.25 | 408.05 to 429.45 | 3.43% | 3.98 times |
| 16 Wed Oct 2024 | 410.20 | 409.00 to 430.15 | -4.38% | 2.09 times |
| 15 Tue Oct 2024 | 429.00 | 423.20 to 430.80 | 0.95% | 0.47 times |
| 14 Mon Oct 2024 | 424.95 | 422.05 to 432.00 | -1.07% | 0.28 times |
| 11 Fri Oct 2024 | 429.55 | 424.10 to 433.20 | 1.43% | 0.66 times |
| 10 Thu Oct 2024 | 423.50 | 422.30 to 434.05 | -2.23% | 1.65 times |
Technical analysis forecast for Honasa Consumer 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 Honasa Consumer Limited HONASA at this time. Stock is falling and might fall more.
It appears as if Honasa Consumer Limited HONASA gave a large move recently.
Stock of Honasa Consumer Limited (HONASA) 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 Honasa Consumer Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Honasa Consumer Limited stays below 411.3, but if it comes above 411.3, then a intra day buy could be more profitable.
If you take a sell trade below 411.3, then use 411.3 as stoploss and 390.5 as target. However if you take a buy trade in Honasa Consumer Limited, then use 411.3 as stoploss and 428.61 as target.