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Stock analysis Vraj Iron And Steel Ltd VRAJ

More indepth analysis on MunafaSutra.com

Moving Averages for Vraj Iron And Steel Ltd

  • 5Day Average: 250.08
  • 12Day Average: 245.46
  • 20Day Average: 234.58

VRAJ Indicators & signals

Indicator MACD (12,26,9)

245.47, 237.19, 5.71
Indicator MACD is in positive zone

Indicator ADX (14)

55.24, 34.58, 9.97
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VRAJ Vraj Iron And Steel Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Mon Sep 2024 263.05 246.90 to 268.90 6.7% 0.95 times
20 Fri Sep 2024 246.53 242.50 to 249.90 0.23% 0.14 times
19 Thu Sep 2024 245.97 242.30 to 256.00 -2.48% 0.24 times
18 Wed Sep 2024 252.22 240.45 to 258.00 3.95% 0.48 times
17 Tue Sep 2024 242.64 241.00 to 250.89 -3.42% 0.24 times
16 Mon Sep 2024 251.22 248.33 to 260.00 -2.65% 0.3 times
13 Fri Sep 2024 258.05 253.00 to 263.14 2.25% 0.51 times
12 Thu Sep 2024 252.37 250.01 to 274.85 -3.03% 1.29 times
11 Wed Sep 2024 260.25 249.01 to 276.84 5.46% 3.03 times
10 Tue Sep 2024 246.77 221.53 to 254.19 16.49% 3.71 times
09 Mon Sep 2024 211.83 210.68 to 217.00 -1.29% 0.06 times
06 Fri Sep 2024 214.60 213.31 to 218.29 -0.61% 0.06 times

Technical analysis forecast of Vraj Iron And Steel 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 Vraj Iron And Steel Ltd VRAJ at this time. Stock is rising and might rise more.

It appears as if Vraj Iron And Steel Ltd VRAJ gave a large move recently.

Stock of Vraj Iron And Steel Ltd (VRAJ) 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!

My analysis of Vraj Iron And Steel Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Vraj Iron And Steel Ltd stays above 257.7, but if it comes below 257.7, then a intra day sell could be more profitable.
If you take a sell trade below 257.7, then use 257.7 as stoploss and 239.66 as target. However if you take a buy trade in Vraj Iron And Steel Ltd, then use 257.7 as stoploss and 279.3 as target.

More indepth analysis on MunafaSutra.com