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Stock analysis Siyaram Silk Mills Limited SIYSIL

More indepth analysis on MunafaSutra.com

Moving Averages for Siyaram Silk Mills Limited

  • 5Day Average: 794.7
  • 12Day Average: 724.71
  • 20Day Average: 698.63
  • 50Day Average: 584.26
  • 100Day Average: 539.54
  • 150Day Average: 517.93
  • 200Day Average: 507.89

SIYSIL Indicators & signals

Indicator MACD (12,26,9)

741.46, 678.99, 50.81
Indicator MACD is in positive zone

Indicator ADX (14)

73.36, 41.75, 6.42
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SIYSIL Siyaram Silk Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Mon Dec 2024 866.85 770.05 to 878.45 12.23% 4.96 times
29 Fri Nov 2024 772.40 763.00 to 797.00 0.27% 0.62 times
28 Thu Nov 2024 770.35 757.00 to 804.30 -1.93% 0.7 times
27 Wed Nov 2024 785.50 767.00 to 796.55 0.91% 1.04 times
26 Tue Nov 2024 778.40 688.30 to 789.00 13.13% 4.04 times
25 Mon Nov 2024 688.05 685.00 to 710.00 0.61% 0.3 times
22 Fri Nov 2024 683.85 665.00 to 687.00 2.31% 0.29 times
21 Thu Nov 2024 668.40 665.00 to 694.85 -2.79% 0.47 times
19 Tue Nov 2024 687.55 659.05 to 720.00 4.84% 1.53 times
18 Mon Nov 2024 655.80 651.65 to 699.95 -4.23% 0.47 times
14 Thu Nov 2024 684.75 657.05 to 689.00 4.61% 0.55 times
13 Wed Nov 2024 654.60 648.05 to 688.20 -3.28% 0.56 times

Technical analysis forecast of Siyaram Silk Mills Limited 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 Siyaram Silk Mills Limited SIYSIL at this time. Stock is rising and might rise more.

It appears as if Siyaram Silk Mills Limited SIYSIL gave a large move recently.

Stock of Siyaram Silk Mills Limited (SIYSIL) 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!

Although my analysis for Siyaram Silk Mills Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 846.4, for a target of 767.6 or 702

More indepth analysis on MunafaSutra.com