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Stock analysis Shivalik Rasayan Limited SHIVALIK

More indepth analysis on MunafaSutra.com

Moving Averages for Shivalik Rasayan Limited

  • 5Day Average: 724.47
  • 12Day Average: 712.41
  • 20Day Average: 719.73
  • 50Day Average: 760.99
  • 100Day Average: 754.43
  • 150Day Average: 739.02
  • 200Day Average: 733.39

SHIVALIK Indicators & signals

Indicator MACD (12,26,9)

718.94, 730, -14.35
Indicator MACD is in negative zone

Indicator ADX (14)

5.78, 15.39, 17.28
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHIVALIK Shivalik Rasayan Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Wed Oct 2023 714.35 708.15 to 727.40 -0.87% 0.51 times
03 Tue Oct 2023 720.60 713.95 to 742.00 -2.58% 0.4 times
29 Fri Sep 2023 739.70 718.80 to 750.00 1.36% 2.16 times
28 Thu Sep 2023 729.75 710.05 to 737.40 1.64% 0.61 times
27 Wed Sep 2023 717.95 689.55 to 722.50 3.1% 0.85 times
26 Tue Sep 2023 696.35 681.10 to 715.00 1.75% 1.25 times
25 Mon Sep 2023 684.40 681.05 to 708.70 -1.84% 1.14 times
22 Fri Sep 2023 697.25 696.00 to 721.00 -0.34% 0.59 times
21 Thu Sep 2023 699.60 697.15 to 714.20 -0.48% 0.52 times
20 Wed Sep 2023 703.00 698.00 to 721.85 -1.99% 1.35 times
18 Mon Sep 2023 717.30 715.00 to 732.95 -1.56% 1.13 times
15 Fri Sep 2023 728.65 725.00 to 737.90 -0.64% 0.29 times

Technical analysis forecast for Shivalik Rasayan 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 Shivalik Rasayan Limited SHIVALIK at this time. Stock is falling and might fall more.

It appears as if Shivalik Rasayan Limited SHIVALIK gave a large move recently.

Stock of Shivalik Rasayan Limited (SHIVALIK) 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 Shivalik Rasayan Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 709.3 as stoploss in an intra day buy trade for a target of 724.86. However, stock will show a bearish move below 709.3.

More indepth analysis on MunafaSutra.com