Stock analysis Indef Manufacturing Ltd BAJAJINDEF

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Moving Averages for Indef Manufacturing Ltd

5Day Average: 239.74
12Day Average: 246.32
20Day Average: 252.09

BAJAJINDEF Indicators & signals

Recent prices of BAJAJINDEF Indef Manufacturing Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
17 Thu Apr 2025	236.15	235.30 to 244.80	-0.9%	0.5 times
16 Wed Apr 2025	238.30	236.50 to 247.40	-0.96%	0.81 times
15 Tue Apr 2025	240.60	239.00 to 250.95	-0.29%	0.91 times
11 Fri Apr 2025	241.30	235.20 to 252.25	-0.43%	1.26 times
09 Wed Apr 2025	242.35	239.50 to 249.70	-0.74%	0.55 times
08 Tue Apr 2025	244.15	233.50 to 254.00	3.02%	1.34 times
07 Mon Apr 2025	237.00	220.00 to 245.25	-5.82%	1.09 times
04 Fri Apr 2025	251.65	245.20 to 263.15	-4.12%	0.61 times
03 Thu Apr 2025	262.45	249.00 to 265.40	2.92%	0.94 times
02 Wed Apr 2025	255.00	241.10 to 261.30	1.43%	1.56 times
01 Tue Apr 2025	251.40	245.10 to 258.95	-1.62%	0.93 times
28 Fri Mar 2025	255.53	252.00 to 265.20	-1.15%	0.65 times

Technical analysis forecast for Indef Manufacturing Ltd 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 Indef Manufacturing Ltd BAJAJINDEF at this time. Stock is falling and might fall more.

It appears as if Indef Manufacturing Ltd BAJAJINDEF gave a large move recently.

Stock of Indef Manufacturing Ltd (BAJAJINDEF) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Indef Manufacturing Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 235.3 as stoploss in an intra day buy trade for a target of 245.88. However, stock will show a bearish move below 235.3.

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