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Stock analysis Minda Corporation Limited MINDACORP

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Moving Averages for Minda Corporation Limited

  • 5Day Average: 411.63
  • 12Day Average: 410.33
  • 20Day Average: 413.89
  • 50Day Average: 412.72
  • 100Day Average: 402.04
  • 150Day Average: 381.32
  • 200Day Average: 364.72

MINDACORP Indicators & signals

Indicator MACD (12,26,9)

410.8, 410.74, 0.45
Indicator MACD is in positive zone

Indicator ADX (14)

21.46, 15.98, 24.72
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MINDACORP Minda Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Mon Apr 2024 411.20 403.60 to 412.55 0.5% 0.49 times
26 Fri Apr 2024 409.15 408.05 to 417.00 -0.21% 3.78 times
25 Thu Apr 2024 410.00 407.00 to 418.80 -1.07% 3.01 times
24 Wed Apr 2024 414.45 412.05 to 418.50 0.27% 0.38 times
23 Tue Apr 2024 413.35 405.05 to 415.20 2.2% 0.35 times
22 Mon Apr 2024 404.45 403.10 to 409.50 -0.14% 0.24 times
19 Fri Apr 2024 405.00 388.80 to 409.00 0.35% 0.28 times
18 Thu Apr 2024 403.60 402.05 to 411.40 -0.75% 0.28 times
16 Tue Apr 2024 406.65 405.10 to 413.85 -1.47% 0.38 times
15 Mon Apr 2024 412.70 397.35 to 418.05 -0.34% 0.98 times
12 Fri Apr 2024 414.10 412.20 to 425.90 -1.24% 0.32 times
10 Wed Apr 2024 419.30 418.50 to 423.95 -0.06% 0.36 times

Technical analysis forecast of Minda Corporation 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 Minda Corporation Limited MINDACORP at this time. Stock is rising and might rise more.

It appears as if Minda Corporation Limited MINDACORP gave a large move recently.

Stock of Minda Corporation Limited (MINDACORP) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Minda Corporation Limited is bullish for shortterm, and stock might move up till 416.8 or till 424. Use a stoploss of 410.86 and if this stock hits its stoploss, then it can fall down till 404.87

More indepth analysis on MunafaSutra.com