Stock analysis Narmada Agrobase Limited NARMADA
Recent prices of NARMADA Narmada Agrobase Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Narmada Agrobase 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 Narmada Agrobase Limited NARMADA at this time. Stock is rising and might rise more.
It appears as if Narmada Agrobase Limited NARMADA gave a large move recently.
Stock of Narmada Agrobase Limited (NARMADA) 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 Narmada Agrobase Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 22.5 as stoploss in an intra day sell trade for a target of 20.74. However, stock will show a bullish move above 22.5.