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