Homepage Active Options Active Stocks

Stock analysis Nazara Technologies Ltd NAZARA

More indepth analysis on MunafaSutra.com

Moving Averages for Nazara Technologies Ltd

  • 5Day Average: 762.57
  • 12Day Average: 797.77
  • 20Day Average: 822.41
  • 50Day Average: 860.09
  • 100Day Average: 839.51
  • 150Day Average: 817.94
  • 200Day Average: 779.06

NAZARA Indicators & signals

Indicator MACD (12,26,9)

790.68, 821.91, -22.54
Indicator MACD is in negative zone

Indicator ADX (14)

55.91, 8.48, 30
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NAZARA Nazara Technologies Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
01 Fri Mar 2024 753.20 745.00 to 764.35 0.9% 0.79 times
29 Thu Feb 2024 746.50 742.00 to 768.00 -1.3% 1.13 times
28 Wed Feb 2024 756.35 752.20 to 788.00 -3.08% 0.93 times
27 Tue Feb 2024 780.35 767.65 to 785.00 0.5% 0.87 times
26 Mon Feb 2024 776.45 773.00 to 797.00 -2.07% 0.86 times
23 Fri Feb 2024 792.85 788.50 to 808.55 0.85% 1.04 times
22 Thu Feb 2024 786.15 773.00 to 810.60 -2.06% 2.04 times
21 Wed Feb 2024 802.65 800.00 to 841.50 -3.68% 1.61 times
20 Tue Feb 2024 833.30 827.50 to 859.65 -1.62% 0.52 times
19 Mon Feb 2024 847.05 843.70 to 855.95 -0.3% 0.51 times
16 Fri Feb 2024 849.60 843.50 to 862.35 0.1% 0.48 times
15 Thu Feb 2024 848.75 840.15 to 856.05 0.43% 0.53 times

Technical analysis forecast for Nazara Technologies Ltd 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 Nazara Technologies Ltd NAZARA at this time. Stock is falling and might fall more.

It appears as if Nazara Technologies Ltd NAZARA gave a large move recently.

Stock of Nazara Technologies Ltd (NAZARA) 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 Nazara Technologies Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nazara Technologies Ltd stays below 769.3, but if it comes above 769.3, then a intra day buy could be more profitable.
If you take a sell trade below 769.3, then use 769.3 as stoploss and 718.4 as target. However if you take a buy trade in Nazara Technologies Ltd, then use 769.3 as stoploss and 811.76 as target.

More indepth analysis on MunafaSutra.com