Stock analysis Libas Designs Limited LIBAS
Recent prices of LIBAS Libas Designs Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Libas Designs 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 Libas Designs Limited LIBAS at this time. Stock is falling and might fall more.
It appears as if Libas Designs Limited LIBAS gave a large move recently.
Stock of Libas Designs Limited (LIBAS) 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 Libas Designs Limited is bearish for shortterm, and stock might move down till 13 or till 12.8. Use a stoploss of 13.21 and if the stock hits stoploss, then it can shoot up till 13.38