Stock analysis Carraro India Limited CARRARO

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Moving Averages for Carraro India Limited

5Day Average: 521.56
12Day Average: 539.24
20Day Average: 568.93

CARRARO Indicators & signals

Recent prices of CARRARO Carraro India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
30 Thu Jan 2025	545.50	507.70 to 575.00	7.65%	2.64 times
29 Wed Jan 2025	506.75	503.00 to 515.85	-0.39%	0.52 times
28 Tue Jan 2025	508.75	499.25 to 520.20	-1.12%	0.88 times
27 Mon Jan 2025	514.50	495.00 to 523.05	-3.34%	0.96 times
24 Fri Jan 2025	532.30	510.40 to 544.50	1.9%	0.87 times
23 Thu Jan 2025	522.40	520.40 to 538.00	-1.53%	0.44 times
22 Wed Jan 2025	530.50	527.00 to 559.00	-4.49%	0.57 times
21 Tue Jan 2025	555.45	550.65 to 572.90	-1.46%	0.82 times
20 Mon Jan 2025	563.70	554.00 to 578.95	-1.52%	1.08 times
17 Fri Jan 2025	572.40	555.60 to 576.15	-1.03%	1.06 times
16 Thu Jan 2025	578.35	545.00 to 589.80	7.05%	2.8 times
15 Wed Jan 2025	540.25	538.00 to 574.05	-4.94%	1.13 times

Technical analysis forecast for Carraro India 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 Carraro India Limited CARRARO at this time. Stock is falling and might fall more.

It appears as if Carraro India Limited CARRARO gave a large move recently.

Stock of Carraro India Limited (CARRARO) 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 Carraro India Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 524.8 as stoploss in an intra day buy trade for a target of 569.19. However, stock will show a bearish move below 524.8.

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