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Stock analysis Shaily Eng Plastics Ltd SHAILY

More indepth analysis on MunafaSutra.com

Moving Averages for Shaily Eng Plastics Ltd

  • 5Day Average: 629.35
  • 12Day Average: 601.74
  • 20Day Average: 577.53
  • 50Day Average: 535.7
  • 100Day Average: 441.67
  • 150Day Average: 831.02
  • 200Day Average: 1011.94

SHAILY Indicators & signals

Indicator MACD (12,26,9)

604.79, 571.78, 28.32
Indicator MACD is in positive zone

Indicator ADX (14)

35.52, 31.27, 14.88
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHAILY Shaily Eng Plastics Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Mon Apr 2024 631.60 610.70 to 638.15 -0.82% 0.74 times
26 Fri Apr 2024 636.80 629.05 to 646.95 0.69% 0.72 times
25 Thu Apr 2024 632.45 621.95 to 639.25 0.8% 0.52 times
24 Wed Apr 2024 627.45 617.20 to 637.00 1.46% 0.82 times
23 Tue Apr 2024 618.45 613.65 to 669.85 1.01% 2.59 times
22 Mon Apr 2024 612.25 600.15 to 618.00 2.7% 0.68 times
19 Fri Apr 2024 596.15 580.05 to 605.90 0.28% 1.26 times
18 Thu Apr 2024 594.50 588.00 to 609.45 -0.81% 0.68 times
16 Tue Apr 2024 599.35 541.00 to 615.00 9.27% 1.63 times
15 Mon Apr 2024 548.50 520.00 to 557.75 -2.65% 0.48 times
12 Fri Apr 2024 563.45 552.35 to 571.10 0.63% 0.62 times
10 Wed Apr 2024 559.90 558.05 to 579.50 -0.36% 0.68 times

Technical analysis forecast of Shaily Eng Plastics Ltd 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 Shaily Eng Plastics Ltd SHAILY at this time. Stock is rising and might rise more.

It appears as if Shaily Eng Plastics Ltd SHAILY gave a large move recently.

Stock of Shaily Eng Plastics Ltd (SHAILY) 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!

My analysis of Shaily Eng Plastics Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shaily Eng Plastics Ltd stays above 622.9, but if it comes below 622.9, then a intra day sell could be more profitable.
If you take a sell trade below 622.9, then use 622.9 as stoploss and 584.13 as target. However if you take a buy trade in Shaily Eng Plastics Ltd, then use 622.9 as stoploss and 669.4 as target.

More indepth analysis on MunafaSutra.com