Stock analysis India Nippon Electricals Limited INDNIPPON
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Recent prices of INDNIPPON India Nippon Electricals Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Wed May 2024 | 662.95 | 630.00 to 671.95 | 4.08% | 1.36 times |
| 07 Tue May 2024 | 636.95 | 630.00 to 669.65 | -4.88% | 2.45 times |
| 06 Mon May 2024 | 669.65 | 659.90 to 693.75 | -1.07% | 0.61 times |
| 03 Fri May 2024 | 676.90 | 667.55 to 698.25 | -2.17% | 1.28 times |
| 02 Thu May 2024 | 691.90 | 688.45 to 707.45 | -1.21% | 0.94 times |
| 30 Tue Apr 2024 | 700.40 | 692.95 to 719.90 | -1.36% | 0.93 times |
| 29 Mon Apr 2024 | 710.05 | 706.00 to 722.95 | -0.88% | 0.55 times |
| 26 Fri Apr 2024 | 716.35 | 708.00 to 725.00 | 0.34% | 0.6 times |
| 25 Thu Apr 2024 | 713.95 | 709.05 to 723.95 | -0.34% | 0.51 times |
| 24 Wed Apr 2024 | 716.40 | 709.00 to 727.70 | 0.96% | 0.66 times |
| 23 Tue Apr 2024 | 709.60 | 706.00 to 731.70 | 0.49% | 1.46 times |
| 22 Mon Apr 2024 | 706.15 | 699.50 to 721.15 | -0.98% | 0.77 times |
Technical analysis forecast for India Nippon Electricals 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 India Nippon Electricals Limited INDNIPPON at this time. Stock is falling and might fall more.
It appears as if India Nippon Electricals Limited INDNIPPON gave a large move recently.
Stock of India Nippon Electricals Limited (INDNIPPON) 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 India Nippon Electricals Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if India Nippon Electricals Limited stays below 666.6, but if it comes above 666.6, then a intra day buy could be more profitable.
If you take a sell trade below 666.6, then use 666.6 as stoploss and 639 as target. However if you take a buy trade in India Nippon Electricals Limited, then use 666.6 as stoploss and 689.65 as target.