Stock analysis Vishal Mega Mart Limited VMM

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Moving Averages for Vishal Mega Mart Limited

5Day Average: 108.39
12Day Average: 108.43
20Day Average: 107.77

VMM Indicators & signals

Recent prices of VMM Vishal Mega Mart Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
21 Tue Jan 2025	106.02	104.95 to 113.95	-5.08%	0.93 times
20 Mon Jan 2025	111.69	108.90 to 112.50	1.68%	0.71 times
17 Fri Jan 2025	109.84	107.51 to 110.64	0.61%	0.89 times
16 Thu Jan 2025	109.17	105.66 to 110.30	3.74%	0.8 times
15 Wed Jan 2025	105.23	102.80 to 107.50	-1.17%	0.98 times
14 Tue Jan 2025	106.48	103.56 to 108.20	2.27%	0.72 times
13 Mon Jan 2025	104.12	101.50 to 107.60	0%	1.02 times
13 Mon Jan 2025	104.12	101.50 to 107.60	-4.05%	1.02 times
10 Fri Jan 2025	108.51	107.30 to 111.37	-2.19%	1.05 times
09 Thu Jan 2025	110.94	109.50 to 116.49	-0.48%	1.59 times
08 Wed Jan 2025	111.47	109.61 to 113.79	-1.86%	1.21 times
07 Tue Jan 2025	113.58	106.70 to 114.35	8.34%	2.23 times

Technical analysis forecast for Vishal Mega Mart 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 Mega Mart Limited VMM at this time. Stock is falling and might fall more.

It appears as if Vishal Mega Mart Limited VMM gave a large move recently.

Stock of Vishal Mega Mart Limited (VMM) 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 Mega Mart Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 104.8 as stoploss in an intra day buy trade for a target of 107.63. However, stock will show a bearish move below 104.8.

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