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Stock analysis Srm Contractors Limited SRM

More indepth analysis on MunafaSutra.com

Moving Averages for Srm Contractors Limited

  • 5Day Average: 281.36
  • 12Day Average: 269.42
  • 20Day Average: 255.61
  • 50Day Average: 210.91

SRM Indicators & signals

Indicator MACD (12,26,9)

267.98, 247.32, 19.52
Indicator MACD is in positive zone

Indicator ADX (14)

25.55, 23.47, 13.92
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SRM Srm Contractors Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Tue Aug 2024 279.00 273.80 to 298.50 -5.23% 0.75 times
12 Mon Aug 2024 294.40 270.25 to 299.00 2.72% 0.92 times
09 Fri Aug 2024 286.60 285.00 to 295.85 0% 0.64 times
08 Thu Aug 2024 286.60 262.00 to 297.60 10.15% 2.69 times
07 Wed Aug 2024 260.20 246.00 to 263.00 8.26% 1.03 times
06 Tue Aug 2024 240.35 238.05 to 264.70 -5.06% 0.57 times
05 Mon Aug 2024 253.15 247.20 to 262.05 -6.07% 0.82 times
02 Fri Aug 2024 269.50 245.00 to 279.00 4.58% 1.06 times
01 Thu Aug 2024 257.70 252.95 to 273.90 -3.47% 0.68 times
31 Wed Jul 2024 266.97 260.10 to 272.00 -1.08% 0.53 times
30 Tue Jul 2024 269.88 268.85 to 278.90 0.43% 1.06 times
29 Mon Jul 2024 268.73 250.38 to 276.00 8.23% 3.25 times

Technical analysis forecast of Srm Contractors 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 Srm Contractors Limited SRM at this time. Stock is rising and might rise more.

It appears as if Srm Contractors Limited SRM gave a large move recently.

Stock of Srm Contractors Limited (SRM) 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 Srm Contractors Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Srm Contractors Limited stays above 278.4, but if it comes below 278.4, then a intra day sell could be more profitable.
If you take a sell trade below 278.4, then use 278.4 as stoploss and 255.38 as target. However if you take a buy trade in Srm Contractors Limited, then use 278.4 as stoploss and 306.1 as target.

More indepth analysis on MunafaSutra.com