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Stock analysis Vineet Laboratories Ltd VINEETLAB

More indepth analysis on MunafaSutra.com

Moving Averages for Vineet Laboratories Ltd

  • 5Day Average: 78.12
  • 12Day Average: 72.36
  • 20Day Average: 70.83
  • 50Day Average: 64.52
  • 100Day Average: 58.26
  • 150Day Average: 56.02
  • 200Day Average: 53.49

VINEETLAB Indicators & signals

Indicator MACD (12,26,9)

74.37, 70.56, 2.63
Indicator MACD is in positive zone

Indicator ADX (14)

47.37, 40.99, 14.64
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VINEETLAB Vineet Laboratories Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Tue Jan 2024 82.05 78.10 to 83.60 0.37% 0.41 times
01 Mon Jan 2024 81.75 79.15 to 83.70 0.12% 0.95 times
29 Fri Dec 2023 81.65 80.65 to 88.90 9.6% 6.07 times
28 Thu Dec 2023 74.50 68.60 to 75.30 5.45% 1.17 times
27 Wed Dec 2023 70.65 69.00 to 71.80 0.78% 0.2 times
26 Tue Dec 2023 70.10 66.10 to 71.10 4.24% 0.44 times
22 Fri Dec 2023 67.25 66.30 to 67.80 1.51% 0.15 times
21 Thu Dec 2023 66.25 63.50 to 66.70 1.53% 0.13 times
20 Wed Dec 2023 65.25 64.05 to 68.80 -3.9% 0.32 times
19 Tue Dec 2023 67.90 67.65 to 69.40 -0.8% 0.2 times
18 Mon Dec 2023 68.45 67.95 to 73.25 -5.65% 0.37 times
15 Fri Dec 2023 72.55 72.30 to 75.70 -0.62% 0.59 times

Technical analysis forecast of Vineet Laboratories Ltd 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 Vineet Laboratories Ltd VINEETLAB at this time. Stock is rising and might rise more.

It appears as if Vineet Laboratories Ltd VINEETLAB gave a large move recently.

Stock of Vineet Laboratories Ltd (VINEETLAB) 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 Vineet Laboratories Ltd 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 83.2, for a target of 77.1 or 71.95

More indepth analysis on MunafaSutra.com