Homepage Active Options Active Stocks

Stock analysis Rossell India Limited ROSSELLIND

More indepth analysis on MunafaSutra.com

Moving Averages for Rossell India Limited

  • 5Day Average: 296.44
  • 12Day Average: 456.21
  • 20Day Average: 502.96
  • 50Day Average: 552.86
  • 100Day Average: 529.68
  • 150Day Average: 488.97
  • 200Day Average: 480.6

ROSSELLIND Indicators & signals

Indicator MACD (12,26,9)

389.84, 478.48, -33.98
Indicator MACD is in negative zone

Indicator ADX (14)

64.91, 11.53, 54.19
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 26
Indicator RSI is indicating selling pressure and stock might fall.

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

Date Close Range Change % Volume
09 Wed Oct 2024 100.91 98.70 to 105.00 -4.08% 1 times
08 Tue Oct 2024 105.20 98.27 to 109.00 5.58% 1.73 times
07 Mon Oct 2024 99.64 96.20 to 113.41 -83.97% 2.45 times
19 Thu Sep 2024 621.65 547.05 to 639.80 12.05% 3.96 times
18 Wed Sep 2024 554.80 552.10 to 579.00 -2.63% 0.37 times
17 Tue Sep 2024 569.80 560.00 to 573.45 -0.14% 0.24 times
16 Mon Sep 2024 570.60 563.45 to 577.00 1.06% 0.18 times
13 Fri Sep 2024 564.60 563.20 to 577.70 0.19% 0.16 times
12 Thu Sep 2024 563.55 561.00 to 578.05 -2.5% 0.22 times
11 Wed Sep 2024 578.00 574.35 to 595.10 -1.69% 0.21 times
10 Tue Sep 2024 587.95 561.05 to 594.00 5.41% 0.48 times
09 Mon Sep 2024 557.80 553.35 to 573.85 -1.39% 0.18 times

Technical analysis forecast for Rossell India 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 Rossell India Limited ROSSELLIND at this time. Stock is falling and might fall more.

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

Stock of Rossell India Limited (ROSSELLIND) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Rossell India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 81.6, for a target of 284.4 or 453.44

More indepth analysis on MunafaSutra.com