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Stock analysis Zuari Industries Limited ZUARIIND

More indepth analysis on MunafaSutra.com

Moving Averages for Zuari Industries Limited

  • 5Day Average: 343.14
  • 12Day Average: 349.87
  • 20Day Average: 348.52
  • 50Day Average: 321.86
  • 100Day Average: 276.12
  • 150Day Average: 234.59
  • 200Day Average: 213.49

ZUARIIND Indicators & signals

Indicator MACD (12,26,9)

345.22, 338.68, 11.06
Indicator MACD is in positive zone

Indicator ADX (14)

13.7, 16.23, 21.38
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
03 Fri May 2024 327.65 325.15 to 348.00 -4.14% 1.12 times
02 Thu May 2024 341.80 331.30 to 349.00 -0.04% 0.88 times
30 Tue Apr 2024 341.95 339.05 to 357.20 -3.01% 0.91 times
29 Mon Apr 2024 352.55 351.10 to 360.00 0.23% 0.37 times
26 Fri Apr 2024 351.75 350.15 to 359.70 -0.94% 0.57 times
25 Thu Apr 2024 355.10 341.20 to 362.70 -0.56% 0.98 times
24 Wed Apr 2024 357.10 350.70 to 360.65 1.82% 0.83 times
23 Tue Apr 2024 350.70 347.40 to 360.00 -1.1% 0.61 times
22 Mon Apr 2024 354.60 348.55 to 374.00 -1.68% 1.81 times
19 Fri Apr 2024 360.65 333.50 to 364.00 2.41% 1.72 times
18 Thu Apr 2024 352.15 346.70 to 364.40 -0.09% 1.32 times
16 Tue Apr 2024 352.45 350.05 to 374.20 -3.32% 2.07 times

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

It appears as if Zuari Industries Limited ZUARIIND gave a large move recently.

Stock of Zuari Industries Limited (ZUARIIND) 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 Zuari Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Zuari Industries Limited stays below 332.3, but if it comes above 332.3, then a intra day buy could be more profitable.
If you take a sell trade below 332.3, then use 332.3 as stoploss and 320.1 as target. However if you take a buy trade in Zuari Industries Limited, then use 332.3 as stoploss and 342.48 as target.

More indepth analysis on MunafaSutra.com