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Stock analysis Shradha Infraproj (n) Ltd SHRADHA

More indepth analysis on MunafaSutra.com

Moving Averages for Shradha Infraproj (n) Ltd

  • 5Day Average: 43.64
  • 12Day Average: 45.7
  • 20Day Average: 47.28
  • 50Day Average: 55.75
  • 100Day Average: 56.78
  • 150Day Average: 53.24
  • 200Day Average: 52.36

SHRADHA Indicators & signals

Indicator MACD (12,26,9)

45.05, 47.8, -2.65
Indicator MACD is in negative zone

Indicator ADX (14)

16.98, 18.86, 26.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHRADHA Shradha Infraproj (n) Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Mar 2023 41.70 41.50 to 44.40 -3.14% 1.22 times
20 Mon Mar 2023 43.05 42.05 to 43.90 -0.81% 0.32 times
17 Fri Mar 2023 43.40 43.00 to 45.85 -1.92% 0.57 times
16 Thu Mar 2023 44.25 43.60 to 48.05 -3.38% 2.38 times
15 Wed Mar 2023 45.80 43.20 to 45.80 4.93% 0.4 times
14 Tue Mar 2023 43.65 43.55 to 47.25 -4.8% 0.98 times
13 Mon Mar 2023 45.85 45.15 to 47.90 -0.76% 0.31 times
10 Fri Mar 2023 46.20 45.45 to 47.45 -2.84% 0.99 times
09 Thu Mar 2023 47.55 46.70 to 50.45 -2.96% 1.26 times
08 Wed Mar 2023 49.00 48.50 to 52.50 -2.29% 1.52 times
06 Mon Mar 2023 50.15 46.55 to 50.15 4.92% 1.27 times
03 Fri Mar 2023 47.80 47.00 to 50.65 -2.15% 0.68 times

Technical analysis forecast for Shradha Infraproj (n) Ltd 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 Shradha Infraproj (n) Ltd SHRADHA at this time. Stock is falling and might fall more.

It appears as if Shradha Infraproj (n) Ltd SHRADHA gave a large move recently.

Stock of Shradha Infraproj (n) Ltd (SHRADHA) 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 Shradha Infraproj (n) Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shradha Infraproj (n) Ltd stays below 43.5, but if it comes above 43.5, then a intra day buy could be more profitable.
If you take a sell trade below 43.5, then use 43.5 as stoploss and 39.7 as target. However if you take a buy trade in Shradha Infraproj (n) Ltd, then use 43.5 as stoploss and 46.59 as target.

More indepth analysis on MunafaSutra.com