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Stock analysis Rossell India Limited ROSSELLIND

More indepth analysis on MunafaSutra.com

Moving Averages for Rossell India Limited

  • 5Day Average: 436.37
  • 12Day Average: 447.95
  • 20Day Average: 443.42
  • 50Day Average: 452.05
  • 100Day Average: 460.97
  • 150Day Average: 462.97
  • 200Day Average: 433.88

ROSSELLIND Indicators & signals

Indicator MACD (12,26,9)

440.58, 445.52, -2.29
Indicator MACD is in negative zone

Indicator ADX (14)

20.05, 18.68, 28.05
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
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
01 Fri Mar 2024 419.40 419.40 to 432.80 -0.15% 0.9 times
29 Thu Feb 2024 420.05 417.20 to 438.80 -3.89% 1.81 times
28 Wed Feb 2024 437.05 435.00 to 450.90 -3.23% 0.81 times
27 Tue Feb 2024 451.65 450.20 to 464.85 -0.45% 0.69 times
26 Mon Feb 2024 453.70 446.60 to 462.00 0.62% 0.63 times
23 Fri Feb 2024 450.90 447.00 to 460.15 -1.01% 0.58 times
22 Thu Feb 2024 455.50 452.10 to 474.85 0.54% 1.3 times
21 Wed Feb 2024 453.05 446.60 to 461.40 -1.22% 0.45 times
20 Tue Feb 2024 458.65 453.70 to 463.45 -0.44% 0.51 times
19 Mon Feb 2024 460.70 459.05 to 470.00 -1.24% 0.75 times
16 Fri Feb 2024 466.50 444.55 to 472.00 4.07% 2.47 times
15 Thu Feb 2024 448.25 440.05 to 452.00 1.68% 0.84 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.

My analysis of Rossell India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rossell India Limited stays below 427.6, but if it comes above 427.6, then a intra day buy could be more profitable.
If you take a sell trade below 427.6, then use 427.6 as stoploss and 408 as target. However if you take a buy trade in Rossell India Limited, then use 427.6 as stoploss and 443.84 as target.

More indepth analysis on MunafaSutra.com