Stock analysis Indo Borax & Chemical Ltd INDOBORAX
More indepth analysis on MunafaSutra.com
Recent prices of INDOBORAX Indo Borax & Chemical Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 166.25 | 164.36 to 173.75 | -4.32% | 1.22 times |
| 09 Thu Jan 2025 | 173.75 | 172.36 to 179.85 | 0.82% | 1.15 times |
| 08 Wed Jan 2025 | 172.33 | 170.28 to 177.34 | -1.86% | 0.62 times |
| 07 Tue Jan 2025 | 175.59 | 174.00 to 177.84 | 0.19% | 0.85 times |
| 06 Mon Jan 2025 | 175.26 | 173.50 to 184.42 | -4.86% | 1.28 times |
| 03 Fri Jan 2025 | 184.21 | 181.80 to 187.00 | 0.72% | 1.33 times |
| 02 Thu Jan 2025 | 182.89 | 181.50 to 185.19 | -0.31% | 0.73 times |
| 01 Wed Jan 2025 | 183.46 | 180.90 to 185.99 | 2.38% | 0.73 times |
| 31 Tue Dec 2024 | 179.19 | 177.85 to 181.75 | -0.68% | 1.55 times |
| 30 Mon Dec 2024 | 180.41 | 180.00 to 186.39 | -2.1% | 0.99 times |
| 27 Fri Dec 2024 | 184.28 | 183.00 to 187.90 | -0.8% | 0.76 times |
| 26 Thu Dec 2024 | 185.77 | 185.00 to 189.36 | -0.72% | 0.54 times |
Technical analysis forecast for Indo Borax & Chemical 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 Indo Borax & Chemical Ltd INDOBORAX at this time. Stock is falling and might fall more.
It appears as if Indo Borax & Chemical Ltd INDOBORAX gave a large move recently.
Stock of Indo Borax & Chemical Ltd (INDOBORAX) 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 Indo Borax & Chemical Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Indo Borax & Chemical Ltd stays below 172.4, but if it comes above 172.4, then a intra day buy could be more profitable.
If you take a sell trade below 172.4, then use 172.4 as stoploss and 160 as target. However if you take a buy trade in Indo Borax & Chemical Ltd, then use 172.4 as stoploss and 182.85 as target.