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Stock analysis Rajshree Sugars & Chemicals Limited RAJSREESUG

More indepth analysis on MunafaSutra.com

Moving Averages for Rajshree Sugars & Chemicals Limited

  • 5Day Average: 62.74
  • 12Day Average: 65.89
  • 20Day Average: 62.87
  • 50Day Average: 69.61
  • 100Day Average: 66.4
  • 150Day Average: 57.82
  • 200Day Average: 53.33

RAJSREESUG Indicators & signals

Indicator MACD (12,26,9)

63.83, 64.87, -1.1
Indicator MACD is in negative zone

Indicator ADX (14)

17.1, 19, 26.84
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 RAJSREESUG Rajshree Sugars & Chemicals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 62.15 60.05 to 63.15 1.64% 0.77 times
18 Thu Apr 2024 61.15 60.80 to 64.65 -2.16% 1.21 times
16 Tue Apr 2024 62.50 62.30 to 64.95 -0.48% 0.57 times
15 Mon Apr 2024 62.80 61.50 to 63.80 -3.53% 0.6 times
12 Fri Apr 2024 65.10 64.50 to 67.65 -2.69% 0.82 times
10 Wed Apr 2024 66.90 66.60 to 71.45 -1.83% 1.48 times
09 Tue Apr 2024 68.15 64.00 to 69.85 3.89% 1.42 times
08 Mon Apr 2024 65.60 65.00 to 68.95 -3.81% 0.64 times
05 Fri Apr 2024 68.20 67.00 to 69.15 -1.16% 0.66 times
04 Thu Apr 2024 69.00 68.50 to 71.70 -2.06% 0.81 times
03 Wed Apr 2024 70.45 69.35 to 72.60 2.55% 1.79 times
02 Tue Apr 2024 68.70 62.40 to 70.45 7.93% 3.37 times

Technical analysis forecast for Rajshree Sugars & Chemicals 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 Rajshree Sugars & Chemicals Limited RAJSREESUG at this time. Stock is falling and might fall more.

It appears as if Rajshree Sugars & Chemicals Limited RAJSREESUG gave a large move recently.

Stock of Rajshree Sugars & Chemicals Limited (RAJSREESUG) 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 Rajshree Sugars & Chemicals Limited is bearish for shortterm, and stock might move down till 59.7 or till 54.1. Use a stoploss of 64.31 and if the stock hits stoploss, then it can shoot up till 68.95

More indepth analysis on MunafaSutra.com