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Stock analysis Esab India Limited ESABINDIA

More indepth analysis on MunafaSutra.com

Moving Averages for Esab India Limited

  • 5Day Average: 4955.4
  • 12Day Average: 5084.02
  • 20Day Average: 5219.78
  • 50Day Average: 5726.84
  • 100Day Average: 5950.69
  • 150Day Average: 6044.91
  • 200Day Average: 5957.17

ESABINDIA Indicators & signals

Indicator MACD (12,26,9)

5098.78, 5328.96, -229.32
Indicator MACD is in negative zone

Indicator ADX (14)

13.93, 20.1, 26.6
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
30 Thu Jan 2025 4922.25 4900.00 to 5166.85 -4.8% 1.55 times
29 Wed Jan 2025 5170.35 4840.00 to 5441.90 7% 4.55 times
28 Tue Jan 2025 4832.05 4620.00 to 4888.95 -0.61% 1.14 times
27 Mon Jan 2025 4861.50 4750.30 to 5038.80 -2.59% 1.23 times
24 Fri Jan 2025 4990.85 4966.95 to 5198.15 -2.97% 0.64 times
23 Thu Jan 2025 5143.55 5090.00 to 5179.85 0.28% 0.24 times
22 Wed Jan 2025 5129.05 5076.00 to 5199.95 -0.83% 0.46 times
21 Tue Jan 2025 5172.15 5151.00 to 5277.95 -0.81% 0.34 times
20 Mon Jan 2025 5214.15 5186.90 to 5290.00 -0.3% 0.36 times
17 Fri Jan 2025 5230.10 5136.45 to 5291.95 1.63% 0.34 times
16 Thu Jan 2025 5146.15 5110.00 to 5249.95 -0.96% 0.69 times
15 Wed Jan 2025 5196.10 5156.40 to 5265.75 -1.32% 0.82 times

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

It appears as if Esab India Limited ESABINDIA gave a large move recently.

Stock of Esab India Limited (ESABINDIA) 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 Esab India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Esab India Limited stays below 5007.6, but if it comes above 5007.6, then a intra day buy could be more profitable.
If you take a sell trade below 5007.6, then use 5007.6 as stoploss and 4732.5 as target. However if you take a buy trade in Esab India Limited, then use 5007.6 as stoploss and 5236.86 as target.

More indepth analysis on MunafaSutra.com