Homepage Active Options Active Stocks

Stock analysis Walchandnagar Industries Limited WALCHANNAG

More indepth analysis on MunafaSutra.com

Moving Averages for Walchandnagar Industries Limited

  • 5Day Average: 277.54
  • 12Day Average: 262.89
  • 20Day Average: 259.05
  • 50Day Average: 276.54
  • 100Day Average: 305.83
  • 150Day Average: 297
  • 200Day Average: 268.19

WALCHANNAG Indicators & signals

Indicator MACD (12,26,9)

266.28, 266.24, -3.78
Indicator MACD is in positive zone

Indicator ADX (14)

5.53, 23.33, 20.88
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

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

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

Date Close Range Change % Volume
20 Fri Dec 2024 262.05 256.80 to 280.25 -5.84% 0.59 times
19 Thu Dec 2024 278.30 271.35 to 285.50 -2.16% 0.7 times
18 Wed Dec 2024 284.45 269.25 to 294.00 0% 1.49 times
18 Wed Dec 2024 284.45 269.25 to 294.00 2.15% 1.49 times
17 Tue Dec 2024 278.45 265.00 to 289.05 5.96% 3.91 times
16 Mon Dec 2024 262.80 240.80 to 262.80 9.98% 0.63 times
13 Fri Dec 2024 238.95 235.85 to 245.05 -1.85% 0.38 times
12 Thu Dec 2024 243.45 241.05 to 257.00 -3.26% 0.52 times
11 Wed Dec 2024 251.65 250.00 to 257.95 -0.4% 0.29 times
10 Tue Dec 2024 252.65 248.55 to 259.50 -2.04% 0.29 times
09 Mon Dec 2024 257.90 256.70 to 264.25 -0.65% 0.27 times
06 Fri Dec 2024 259.60 253.50 to 266.00 2.1% 0.47 times

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

It appears as if Walchandnagar Industries Limited WALCHANNAG gave a large move recently.

Stock of Walchandnagar Industries Limited (WALCHANNAG) 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 Walchandnagar Industries Limited is bearish for shortterm, and stock might move down till 251.9 or till 236. Use a stoploss of 265.07 and if the stock hits stoploss, then it can shoot up till 278.28

More indepth analysis on MunafaSutra.com