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 Fri Apr 2024 | 171.30 | 168.95 to 173.90 | -0.23% | 0.37 times |
| 18 Thu Apr 2024 | 171.70 | 171.45 to 179.40 | -1.38% | 0.59 times |
| 16 Tue Apr 2024 | 174.10 | 171.85 to 176.70 | 1.34% | 0.49 times |
| 15 Mon Apr 2024 | 171.80 | 169.55 to 176.20 | -3.73% | 0.97 times |
| 12 Fri Apr 2024 | 178.45 | 177.75 to 183.45 | -1.76% | 0.59 times |
| 10 Wed Apr 2024 | 181.65 | 173.30 to 185.00 | 3.56% | 1.08 times |
| 09 Tue Apr 2024 | 175.40 | 173.75 to 182.00 | -0.9% | 0.54 times |
| 08 Mon Apr 2024 | 177.00 | 176.00 to 185.05 | -2.64% | 0.55 times |
| 05 Fri Apr 2024 | 181.80 | 180.50 to 186.90 | -2.21% | 0.93 times |
| 04 Thu Apr 2024 | 185.90 | 172.10 to 188.00 | 7.18% | 3.36 times |
| 03 Wed Apr 2024 | 173.45 | 169.35 to 176.35 | 1.26% | 0.9 times |
| 02 Tue Apr 2024 | 171.30 | 164.80 to 172.35 | 3.25% | 0.89 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, 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 Indo Borax & Chemical Ltd is bearish for shortterm, and stock might move down till 162.4 or till 150.8. Use a stoploss of 172.05 and if the stock hits stoploss, then it can shoot up till 181.69