Stock analysis Menon Bearings Limited MENONBE
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Recent prices of MENONBE Menon Bearings Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Wed May 2025 | 115.76 | 115.00 to 117.89 | -0.52% | 0.28 times |
| 20 Tue May 2025 | 116.37 | 115.02 to 118.41 | 0.24% | 0.48 times |
| 19 Mon May 2025 | 116.09 | 114.05 to 118.21 | -1.94% | 0.69 times |
| 16 Fri May 2025 | 118.39 | 114.05 to 121.91 | -1.55% | 1.22 times |
| 15 Thu May 2025 | 120.25 | 108.40 to 124.70 | 9.18% | 5.31 times |
| 14 Wed May 2025 | 110.14 | 105.63 to 112.00 | 4.05% | 0.5 times |
| 13 Tue May 2025 | 105.85 | 101.85 to 106.74 | 2.56% | 0.35 times |
| 12 Mon May 2025 | 103.21 | 100.25 to 105.50 | 3.94% | 0.69 times |
| 09 Fri May 2025 | 99.30 | 96.44 to 100.10 | -0.17% | 0.15 times |
| 08 Thu May 2025 | 99.47 | 98.20 to 103.70 | -0.19% | 0.33 times |
| 07 Wed May 2025 | 99.66 | 96.83 to 101.17 | -1.09% | 0.27 times |
| 06 Tue May 2025 | 100.76 | 100.00 to 104.49 | -3.22% | 0.17 times |
Technical analysis forecast of Menon Bearings 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 Menon Bearings Limited MENONBE at this time. Stock is rising and might rise more.
It appears as if Menon Bearings Limited MENONBE gave a large move recently.
Stock of Menon Bearings Limited (MENONBE) 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 Menon Bearings Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Menon Bearings Limited stays above 114.6, but if it comes below 114.6, then a intra day sell could be more profitable.
If you take a sell trade below 114.6, then use 114.6 as stoploss and 107.86 as target. However if you take a buy trade in Menon Bearings Limited, then use 114.6 as stoploss and 122.6 as target.