Stock analysis Thejo Engg. THEJO
More indepth analysis on MunafaSutra.com
Recent prices of THEJO Thejo Engg. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 3072.65 | 3050.05 to 3198.00 | -2.21% | 0.77 times |
| 29 Mon Apr 2024 | 3142.00 | 3080.00 to 3250.00 | -1.57% | 0.86 times |
| 26 Fri Apr 2024 | 3192.05 | 3039.40 to 3214.95 | 4.2% | 1.16 times |
| 25 Thu Apr 2024 | 3063.45 | 2915.15 to 3093.80 | 5.9% | 0.94 times |
| 24 Wed Apr 2024 | 2892.80 | 2880.00 to 3085.55 | -3.94% | 0.68 times |
| 23 Tue Apr 2024 | 3011.50 | 2950.00 to 3090.00 | 0.61% | 1.22 times |
| 22 Mon Apr 2024 | 2993.35 | 2801.10 to 3050.00 | 5.06% | 1.15 times |
| 19 Fri Apr 2024 | 2849.05 | 2731.60 to 2889.00 | 2.94% | 0.83 times |
| 18 Thu Apr 2024 | 2767.80 | 2720.35 to 2979.80 | -2.75% | 1.84 times |
| 16 Tue Apr 2024 | 2846.15 | 2775.00 to 2925.00 | 1.46% | 0.68 times |
| 15 Mon Apr 2024 | 2805.20 | 2655.45 to 2885.00 | -1.95% | 0.65 times |
| 12 Fri Apr 2024 | 2861.05 | 2725.95 to 2890.20 | 3.09% | 0.63 times |
Technical analysis forecast of Thejo Engg. 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 Thejo Engg. THEJO at this time. Stock is rising and might rise more.
It appears as if Thejo Engg. THEJO gave a large move recently.
Stock of Thejo Engg. (THEJO) 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 Thejo Engg. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Thejo Engg. stays above 3039.4, but if it comes below 3039.4, then a intra day sell could be more profitable.
If you take a sell trade below 3039.4, then use 3039.4 as stoploss and 2863.2 as target. However if you take a buy trade in Thejo Engg., then use 3039.4 as stoploss and 3250.9 as target.