Stock analysis Indo Borax & Chemical Ltd INDOBORAX
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Recent prices of INDOBORAX Indo Borax & Chemical Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 191.37 | 173.90 to 206.56 | 10.11% | 26.64 times |
| 18 Mon Nov 2024 | 173.80 | 171.50 to 178.66 | -0.09% | 0.96 times |
| 14 Thu Nov 2024 | 173.96 | 172.61 to 182.39 | -2.41% | 1.57 times |
| 13 Wed Nov 2024 | 178.25 | 173.35 to 194.00 | -7.63% | 1.81 times |
| 12 Tue Nov 2024 | 192.98 | 191.99 to 199.00 | -0.47% | 0.63 times |
| 11 Mon Nov 2024 | 193.90 | 192.24 to 199.05 | -1.86% | 0.82 times |
| 08 Fri Nov 2024 | 197.57 | 197.00 to 203.12 | -2.73% | 0.65 times |
| 07 Thu Nov 2024 | 203.12 | 201.83 to 207.49 | -0.42% | 0.74 times |
| 06 Wed Nov 2024 | 203.97 | 199.35 to 206.44 | 1.74% | 1.2 times |
| 05 Tue Nov 2024 | 200.48 | 198.91 to 204.00 | -0.57% | 0.77 times |
| 04 Mon Nov 2024 | 201.63 | 200.15 to 209.00 | -2.25% | 0.85 times |
| 01 Fri Nov 2024 | 206.28 | 194.61 to 209.00 | 4.67% | 1.89 times |
Technical analysis forecast for Indo Borax & Chemical Ltd 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 Indo Borax & Chemical Ltd INDOBORAX at this time. Stock is falling and might fall more.
It appears as if Indo Borax & Chemical Ltd INDOBORAX gave a large move recently.
Stock of Indo Borax & Chemical Ltd (INDOBORAX) 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 Indo Borax & Chemical Ltd is bearish for shortterm, and stock might move down till 184.3 or till 173.5. Use a stoploss of 193.34 and if the stock hits stoploss, then it can shoot up till 202.34