Stock analysis Indo Farm Equipment Ltd INDOFARM

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Moving Averages for Indo Farm Equipment Ltd

5Day Average: 192.61
12Day Average: 195.57
20Day Average: 209.76

INDOFARM Indicators & signals

Recent prices of INDOFARM Indo Farm Equipment Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
05 Wed Feb 2025	199.74	189.01 to 206.70	6.92%	1.79 times
04 Tue Feb 2025	186.81	182.80 to 188.75	1.57%	0.4 times
03 Mon Feb 2025	183.92	180.70 to 193.80	-7.18%	0.71 times
31 Fri Jan 2025	198.14	194.97 to 210.00	1.9%	0.78 times
30 Thu Jan 2025	194.44	192.50 to 213.30	-5.08%	1.44 times
29 Wed Jan 2025	204.84	174.47 to 210.39	16.82%	2.16 times
28 Tue Jan 2025	175.34	170.66 to 184.09	-4.29%	1.16 times
27 Mon Jan 2025	183.19	177.10 to 194.66	-6.11%	0.89 times
24 Fri Jan 2025	195.12	193.92 to 208.84	-5.5%	0.7 times
23 Thu Jan 2025	206.47	205.55 to 215.00	0.45%	0.85 times
22 Wed Jan 2025	205.55	202.05 to 213.50	-3.6%	0.91 times
21 Tue Jan 2025	213.22	208.30 to 227.35	-1.93%	1.08 times

Technical analysis forecast for Indo Farm Equipment 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 Farm Equipment Ltd INDOFARM at this time. Stock is falling and might fall more.

It appears as if Indo Farm Equipment Ltd INDOFARM gave a large move recently.

Stock of Indo Farm Equipment Ltd (INDOFARM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Indo Farm Equipment Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 193.6 as stoploss in an intra day buy trade for a target of 213.86. However, stock will show a bearish move below 193.6.

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