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Stock analysis Maharashtra Scooters Limited MAHSCOOTER

More indepth analysis on MunafaSutra.com

Moving Averages for Maharashtra Scooters Limited

  • 5Day Average: 7945.28
  • 12Day Average: 7756.98
  • 20Day Average: 7647.46
  • 50Day Average: 7432.63
  • 100Day Average: 7552.17
  • 150Day Average: 7636.26
  • 200Day Average: 7304.76

MAHSCOOTER Indicators & signals

Indicator MACD (12,26,9)

7774.14, 7612.56, 133.86
Indicator MACD is in positive zone

Indicator ADX (14)

22.81, 25.51, 16.03
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MAHSCOOTER Maharashtra Scooters Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 7782.40 7755.05 to 7977.85 -1.56% 0.34 times
29 Mon Apr 2024 7905.70 7873.20 to 8085.00 0.01% 0.48 times
26 Fri Apr 2024 7905.00 7782.50 to 8121.30 -1.69% 1.14 times
25 Thu Apr 2024 8040.90 8010.00 to 8279.95 -0.64% 0.97 times
24 Wed Apr 2024 8092.40 7845.25 to 8249.00 2.32% 2.3 times
23 Tue Apr 2024 7909.05 7816.20 to 7987.25 -0.59% 0.77 times
22 Mon Apr 2024 7955.85 7666.00 to 8079.00 6.13% 2.84 times
19 Fri Apr 2024 7496.10 7446.05 to 7590.00 -0.3% 0.37 times
18 Thu Apr 2024 7518.60 7439.85 to 7599.95 1.16% 0.39 times
16 Tue Apr 2024 7432.50 7410.20 to 7700.00 -0.31% 0.25 times
15 Mon Apr 2024 7455.30 7292.30 to 7769.50 -1.77% 0.5 times
12 Fri Apr 2024 7590.00 7500.50 to 7780.35 1.19% 0.75 times

Technical analysis forecast of Maharashtra Scooters Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Maharashtra Scooters Limited MAHSCOOTER at this time. Stock is rising and might rise more.

It appears as if Maharashtra Scooters Limited MAHSCOOTER gave a large move recently.

Stock of Maharashtra Scooters Limited (MAHSCOOTER) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Maharashtra Scooters Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 7894.2 as stoploss in an intra day sell trade for a target of 7666.39. However, stock will show a bullish move above 7894.2.

More indepth analysis on MunafaSutra.com