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Stock analysis Shivalik Rasayan Limited SHIVALIK

More indepth analysis on MunafaSutra.com

Moving Averages for Shivalik Rasayan Limited

  • 5Day Average: 630.88
  • 12Day Average: 664.57
  • 20Day Average: 669.69
  • 50Day Average: 624.29
  • 100Day Average: 604.44
  • 150Day Average: 628.02
  • 200Day Average: 641.23

SHIVALIK Indicators & signals

Indicator MACD (12,26,9)

650.66, 648.59, 13.33
Indicator MACD is in positive zone

Indicator ADX (14)

12.74, 17.47, 22.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 63
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
23 Tue Jul 2024 623.40 602.60 to 636.00 0% 0.94 times
23 Tue Jul 2024 623.40 602.60 to 636.00 -0.16% 0.94 times
22 Mon Jul 2024 624.40 620.00 to 643.65 -0.53% 0.35 times
19 Fri Jul 2024 627.70 625.00 to 658.75 -4.24% 0.74 times
18 Thu Jul 2024 655.50 652.05 to 676.45 -1.7% 0.5 times
16 Tue Jul 2024 666.85 662.60 to 693.60 -1.82% 0.54 times
15 Mon Jul 2024 679.20 672.45 to 690.65 -1.26% 0.67 times
12 Fri Jul 2024 687.90 676.40 to 714.80 2.23% 2.23 times
11 Thu Jul 2024 672.90 666.50 to 694.80 -1.16% 0.57 times
10 Wed Jul 2024 680.80 665.50 to 732.00 -3.35% 2.41 times
09 Tue Jul 2024 704.40 699.55 to 735.65 -3.29% 1.05 times
08 Mon Jul 2024 728.35 709.00 to 752.00 -0.12% 1.48 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

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 609 as stoploss in an intra day buy trade for a target of 651.74. However, stock will show a bearish move below 609.

More indepth analysis on MunafaSutra.com