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Stock analysis Visaka Industries Limited VISAKAIND

More indepth analysis on MunafaSutra.com

Moving Averages for Visaka Industries Limited

  • 5Day Average: 109.15
  • 12Day Average: 110.53
  • 20Day Average: 112.09
  • 50Day Average: 119.74
  • 100Day Average: 112.33
  • 150Day Average: 103.65
  • 200Day Average: 99.35

VISAKAIND Indicators & signals

Indicator MACD (12,26,9)

110.43, 112.74, -2.49
Indicator MACD is in negative zone

Indicator ADX (14)

0.47, 20.58, 20.77
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VISAKAIND Visaka Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 111.45 108.15 to 113.00 2.29% 1 times
25 Thu Apr 2024 108.95 108.50 to 110.80 -1.04% 0.65 times
24 Wed Apr 2024 110.10 107.50 to 112.00 2.47% 1.2 times
23 Tue Apr 2024 107.45 105.80 to 108.70 -0.32% 0.82 times
22 Mon Apr 2024 107.80 105.70 to 109.70 2.76% 1.3 times
19 Fri Apr 2024 104.90 103.80 to 108.05 -2.74% 1.57 times
18 Thu Apr 2024 107.85 107.05 to 113.40 -3.27% 1.04 times
16 Tue Apr 2024 111.50 109.00 to 112.75 1.92% 0.67 times
15 Mon Apr 2024 109.40 108.90 to 111.80 -4.54% 1.59 times
12 Fri Apr 2024 114.60 114.10 to 118.00 -0.78% 0.69 times
10 Wed Apr 2024 115.50 114.50 to 117.85 -1.11% 0.48 times
09 Tue Apr 2024 116.80 116.00 to 119.45 -1.18% 0.52 times

Technical analysis forecast for Visaka Industries 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 Visaka Industries Limited VISAKAIND at this time. Stock is falling and might fall more.

It appears as if Visaka Industries Limited VISAKAIND gave a large move recently.

Stock of Visaka Industries Limited (VISAKAIND) 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 Visaka Industries Limited is bearish for shortterm, and stock might move down till 107.2 or till 101.8. Use a stoploss of 111.72 and if the stock hits stoploss, then it can shoot up till 116.22

More indepth analysis on MunafaSutra.com