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Stock analysis Vishal Fabrics Limited VISHAL

More indepth analysis on MunafaSutra.com

Moving Averages for Vishal Fabrics Limited

  • 5Day Average: 22.4
  • 12Day Average: 22.55
  • 20Day Average: 22.92
  • 50Day Average: 22.16
  • 100Day Average: 20.24
  • 150Day Average: 19.24
  • 200Day Average: 19.11

VISHAL Indicators & signals

Indicator MACD (12,26,9)

22.53, 22.6, 0.11
Indicator MACD is in negative zone

Indicator ADX (14)

0, 21.7, 21.7
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VISHAL Vishal Fabrics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Fri Dec 2023 22.05 21.95 to 22.35 -0.45% 0.41 times
28 Thu Dec 2023 22.15 22.00 to 22.80 -1.99% 0.74 times
27 Wed Dec 2023 22.60 22.30 to 23.00 -1.09% 0.61 times
26 Tue Dec 2023 22.85 22.70 to 23.80 2.24% 0.79 times
22 Fri Dec 2023 22.35 22.00 to 22.70 1.59% 0.97 times
21 Thu Dec 2023 22.00 21.05 to 22.30 2.56% 1.5 times
20 Wed Dec 2023 21.45 21.15 to 23.10 -6.13% 1.62 times
19 Tue Dec 2023 22.85 22.60 to 23.15 0% 0.59 times
18 Mon Dec 2023 22.85 22.70 to 23.90 -0.65% 1.23 times
15 Fri Dec 2023 23.00 22.80 to 23.30 0.44% 0.67 times
14 Thu Dec 2023 22.90 22.50 to 23.90 -2.76% 1.28 times
13 Wed Dec 2023 23.55 23.50 to 24.00 -0.84% 0.57 times

Technical analysis forecast for Vishal Fabrics 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 Vishal Fabrics Limited VISHAL at this time. Stock is falling and might fall more.

It appears as if Vishal Fabrics Limited VISHAL gave a large move recently.

Stock of Vishal Fabrics Limited (VISHAL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Vishal Fabrics Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22 as stoploss in an intra day buy trade for a target of 22.65. However, stock will show a bearish move below 22.

More indepth analysis on MunafaSutra.com