Stock analysis Ajax Engineering Limited AJAXENGG

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Moving Averages for Ajax Engineering Limited

5Day Average: 607.63
12Day Average: 602.85

AJAXENGG Indicators & signals

Recent prices of AJAXENGG Ajax Engineering Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
19 Wed Mar 2025	646.20	608.15 to 650.00	5.76%	9.01 times
18 Tue Mar 2025	611.00	597.25 to 615.00	0.96%	0.73 times
17 Mon Mar 2025	605.20	580.35 to 609.00	2.55%	0.93 times
13 Thu Mar 2025	590.15	585.60 to 599.00	0.78%	0.58 times
12 Wed Mar 2025	585.60	577.20 to 599.20	-1.14%	0.94 times
11 Tue Mar 2025	592.35	590.30 to 606.45	-3.23%	0.66 times
10 Mon Mar 2025	612.15	602.50 to 620.00	1.63%	1.96 times
07 Fri Mar 2025	602.35	600.10 to 610.65	0.45%	0.48 times
06 Thu Mar 2025	599.65	595.00 to 619.75	0.49%	1.55 times
05 Wed Mar 2025	596.75	592.00 to 609.20	-1.32%	0.91 times
04 Tue Mar 2025	604.75	566.05 to 610.00	2.83%	1.27 times
03 Mon Mar 2025	588.10	580.50 to 597.20	-1.17%	1.06 times

Technical analysis forecast of Ajax Engineering Limited 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 Ajax Engineering Limited AJAXENGG at this time. Stock is rising and might rise more.

It appears as if Ajax Engineering Limited AJAXENGG gave a large move recently.

Stock of Ajax Engineering Limited (AJAXENGG) 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!

Although my analysis for Ajax Engineering Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 631.1, for a target of 616.4 or 604.24

More indepth analysis on MunafaSutra.com