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Stock analysis Nakoda Group Of Ind. Ltd NGIL

More indepth analysis on MunafaSutra.com

Moving Averages for Nakoda Group Of Ind. Ltd

  • 5Day Average: 54.07
  • 12Day Average: 54.21
  • 20Day Average: 54.69
  • 50Day Average: 55.33
  • 100Day Average: 67.92
  • 150Day Average: 84.05
  • 200Day Average: 99.07

NGIL Indicators & signals

Indicator MACD (12,26,9)

54.2, 54.58, -0.76
Indicator MACD is in negative zone

Indicator ADX (14)

8.84, 24.77, 20.74
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NGIL Nakoda Group Of Ind. Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Tue Jun 2023 57.00 56.50 to 58.40 2.33% 1.28 times
05 Mon Jun 2023 55.70 53.00 to 55.70 5% 1.82 times
02 Fri Jun 2023 53.05 51.00 to 54.45 1.53% 0.7 times
01 Thu Jun 2023 52.25 51.65 to 53.40 -0.19% 0.27 times
31 Wed May 2023 52.35 50.00 to 52.70 4.28% 0.8 times
30 Tue May 2023 50.20 49.05 to 53.95 -2.33% 1.67 times
29 Mon May 2023 51.40 50.60 to 54.30 -2.47% 0.77 times
26 Fri May 2023 52.70 52.40 to 55.00 -4.18% 1.73 times
25 Thu May 2023 55.00 54.45 to 58.15 -1.7% 0.22 times
24 Wed May 2023 55.95 54.15 to 58.50 -0.62% 0.83 times
23 Tue May 2023 56.30 56.00 to 58.90 -3.92% 1.2 times
19 Wed Apr 2023 58.60 57.85 to 60.85 -0.34% 0.66 times

Technical analysis forecast of Nakoda Group Of Ind. Ltd 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 Nakoda Group Of Ind. Ltd NGIL at this time. Stock is rising and might rise more.

It appears as if Nakoda Group Of Ind. Ltd NGIL gave a large move recently.

Stock of Nakoda Group Of Ind. Ltd (NGIL) 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 Nakoda Group Of Ind. Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Nakoda Group Of Ind. Ltd stays above 56.8, but if it comes below 56.8, then a intra day sell could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 54.28 as target. However if you take a buy trade in Nakoda Group Of Ind. Ltd, then use 56.8 as stoploss and 59.9 as target.

More indepth analysis on MunafaSutra.com