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Stock analysis Rossell India Limited ROSSELLIND

More indepth analysis on MunafaSutra.com

Moving Averages for Rossell India Limited

  • 5Day Average: 434.64
  • 12Day Average: 411.96
  • 20Day Average: 406.25
  • 50Day Average: 407.67
  • 100Day Average: 432.47
  • 150Day Average: 448.39
  • 200Day Average: 447.84

ROSSELLIND Indicators & signals

Indicator MACD (12,26,9)

420.84, 408.98, 3.23
Indicator MACD is in positive zone

Indicator ADX (14)

54.08, 43.59, 12.99
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
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
30 Tue Apr 2024 454.30 451.00 to 473.35 -3.58% 0.74 times
29 Mon Apr 2024 471.15 463.90 to 516.95 0.6% 4.94 times
26 Fri Apr 2024 468.35 407.10 to 468.35 20% 3.2 times
25 Thu Apr 2024 390.30 387.05 to 400.70 0.31% 0.36 times
24 Wed Apr 2024 389.10 386.00 to 397.90 0.28% 0.34 times
23 Tue Apr 2024 388.00 385.30 to 402.95 -2.14% 0.35 times
22 Mon Apr 2024 396.50 391.00 to 406.95 0.44% 0.21 times
19 Fri Apr 2024 394.75 390.00 to 400.00 -1.57% 0.13 times
18 Thu Apr 2024 401.05 391.05 to 413.20 2.82% 0.17 times
16 Tue Apr 2024 390.05 388.00 to 399.95 -0.99% 0.16 times
15 Mon Apr 2024 393.95 384.80 to 398.80 -2.97% 0.14 times
12 Fri Apr 2024 406.00 400.30 to 411.15 1.34% 0.2 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, 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 Rossell India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Rossell India Limited stays above 438.2, but if it comes below 438.2, then a intra day sell could be more profitable.
If you take a sell trade below 438.2, then use 438.2 as stoploss and 411.59 as target. However if you take a buy trade in Rossell India Limited, then use 438.2 as stoploss and 470.2 as target.

More indepth analysis on MunafaSutra.com