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Stock analysis Rossell India Limited ROSSELLIND

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Moving Averages for Rossell India Limited

  • 5Day Average: 598.12
  • 12Day Average: 590.11
  • 20Day Average: 587.53
  • 50Day Average: 522.03
  • 100Day Average: 466.01
  • 150Day Average: 461.59
  • 200Day Average: 463.86

ROSSELLIND Indicators & signals

Indicator MACD (12,26,9)

590.7, 569.02, 23.86
Indicator MACD is in positive zone

Indicator ADX (14)

47.38, 26.88, 9.6
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ROSSELLIND Rossell India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 609.20 606.35 to 631.00 -0.71% 0.72 times
25 Thu Jul 2024 613.55 575.30 to 623.00 4.28% 1.59 times
24 Wed Jul 2024 588.35 582.20 to 594.15 -0.24% 0.48 times
23 Tue Jul 2024 589.75 550.00 to 594.90 0% 0.65 times
23 Tue Jul 2024 589.75 550.00 to 594.90 2.22% 0.65 times
22 Mon Jul 2024 576.95 550.60 to 586.40 2.02% 0.7 times
19 Fri Jul 2024 565.55 561.00 to 588.00 -3.83% 0.59 times
18 Thu Jul 2024 588.05 575.00 to 603.80 -0.34% 1.09 times
16 Tue Jul 2024 590.05 582.05 to 629.00 1.47% 2.53 times
15 Mon Jul 2024 581.50 576.55 to 599.00 -0.85% 0.81 times
12 Fri Jul 2024 586.50 584.85 to 614.70 -2.59% 0.92 times
11 Thu Jul 2024 602.10 600.10 to 615.85 -0.07% 1.16 times

Technical analysis forecast of Rossell India 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 Rossell India Limited ROSSELLIND at this time. Stock is rising and might rise more.

It appears as if Rossell India Limited ROSSELLIND gave a large move recently.

Stock of Rossell India Limited (ROSSELLIND) 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!

Although my analysis for Rossell India Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 613.2, for a target of 594.4 or 578.79

More indepth analysis on MunafaSutra.com