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Stock analysis TV18 Broadcast Limited TV18BRDCST

More indepth analysis on MunafaSutra.com

Moving Averages for TV18 Broadcast Limited

  • 5Day Average: 45.77
  • 12Day Average: 51.97
  • 20Day Average: 56.67
  • 50Day Average: 53.94
  • 100Day Average: 49.01
  • 150Day Average: 47.1
  • 200Day Average: 44.09

TV18BRDCST Indicators & signals

Indicator MACD (12,26,9)

50.29, 53.3, -0.97
Indicator MACD is in negative zone

Indicator ADX (14)

24.61, 20.4, 33.71
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TV18BRDCST TV18 Broadcast Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 44.65 44.10 to 45.70 -1.65% 0.31 times
02 Thu May 2024 45.40 45.30 to 46.40 -1.52% 0.29 times
30 Tue Apr 2024 46.10 46.05 to 46.80 -0.54% 0.23 times
29 Mon Apr 2024 46.35 46.15 to 47.25 0% 0.23 times
26 Fri Apr 2024 46.35 46.10 to 46.65 -0.22% 0.2 times
25 Thu Apr 2024 46.45 46.15 to 47.60 -1.38% 0.37 times
24 Wed Apr 2024 47.10 46.10 to 48.15 2.61% 0.74 times
23 Tue Apr 2024 45.90 45.70 to 47.20 -27.72% 0.34 times
30 Tue Jan 2024 63.50 63.25 to 66.50 -1.01% 2.22 times
29 Mon Jan 2024 64.15 61.00 to 68.10 -0.16% 3.57 times
25 Thu Jan 2024 64.25 61.60 to 65.00 1.34% 1.82 times
24 Wed Jan 2024 63.40 59.30 to 63.70 4.36% 2.53 times

Technical analysis forecast for TV18 Broadcast 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 TV18 Broadcast Limited TV18BRDCST at this time. Stock is falling and might fall more.

It appears as if TV18 Broadcast Limited TV18BRDCST gave a large move recently.

Stock of TV18 Broadcast Limited (TV18BRDCST) 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 TV18 Broadcast Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 43.9 as stoploss in an intra day buy trade for a target of 52.66. However, stock will show a bearish move below 43.9.

More indepth analysis on MunafaSutra.com