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 |
| 03 Thu Apr 2025 | 92.70 | 89.99 to 93.50 | 1.86% | 0.32 times |
| 02 Wed Apr 2025 | 91.01 | 89.79 to 94.70 | 0.28% | 0.63 times |
| 01 Tue Apr 2025 | 90.76 | 89.91 to 93.49 | 0.96% | 0.35 times |
| 28 Fri Mar 2025 | 89.90 | 89.00 to 93.25 | -2.4% | 0.75 times |
| 27 Thu Mar 2025 | 92.11 | 91.61 to 96.44 | -3.37% | 1.19 times |
| 26 Wed Mar 2025 | 95.32 | 95.00 to 98.56 | -2.33% | 0.55 times |
| 25 Tue Mar 2025 | 97.59 | 96.05 to 100.34 | -0.59% | 0.68 times |
| 24 Mon Mar 2025 | 98.17 | 97.11 to 104.59 | -2.67% | 0.97 times |
| 21 Fri Mar 2025 | 100.86 | 91.33 to 106.28 | 10.41% | 3.11 times |
| 20 Thu Mar 2025 | 91.35 | 89.51 to 94.00 | 0.3% | 1.02 times |
| 19 Wed Mar 2025 | 91.08 | 90.50 to 93.88 | 0.53% | 0.77 times |
| 18 Tue Mar 2025 | 90.60 | 88.00 to 91.90 | 0.87% | 0.81 times |
Technical analysis forecast for Menon Bearings 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 Menon Bearings Limited MENONBE at this time. Stock is falling and might fall more.
It appears as if Menon Bearings Limited MENONBE gave a large move recently.
Stock of Menon Bearings Limited (MENONBE) 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 Menon Bearings Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 91.1 as stoploss in an intra day buy trade for a target of 94.33. However, stock will show a bearish move below 91.1.