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Stock analysis Nahar Industrial Enterprises Limited NAHARINDUS

More indepth analysis on MunafaSutra.com

Moving Averages for Nahar Industrial Enterprises Limited

  • 5Day Average: 134.26
  • 12Day Average: 137.33
  • 20Day Average: 142.34
  • 50Day Average: 141.08
  • 100Day Average: 144.84
  • 150Day Average: 144.57
  • 200Day Average: 139.51

NAHARINDUS Indicators & signals

Indicator MACD (12,26,9)

137.42, 140.3, -1.39
Indicator MACD is in negative zone

Indicator ADX (14)

32.18, 16.09, 31.36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NAHARINDUS Nahar Industrial Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 127.88 126.68 to 135.09 -4.24% 2.28 times
09 Thu Jan 2025 133.54 133.20 to 137.30 -2.22% 0.4 times
08 Wed Jan 2025 136.57 136.13 to 138.99 -0.71% 0.28 times
07 Tue Jan 2025 137.54 134.20 to 138.80 1.31% 1.5 times
06 Mon Jan 2025 135.76 135.25 to 146.41 -5.33% 2.01 times
03 Fri Jan 2025 143.41 141.67 to 147.90 0.84% 0.85 times
02 Thu Jan 2025 142.21 140.01 to 144.00 0.92% 0.76 times
01 Wed Jan 2025 140.91 137.16 to 147.03 2.84% 2.38 times
31 Tue Dec 2024 137.02 135.72 to 138.99 0.59% 0.65 times
30 Mon Dec 2024 136.22 135.10 to 139.85 -1.95% 0.66 times
27 Fri Dec 2024 138.93 138.02 to 140.00 0.69% 0.5 times
26 Thu Dec 2024 137.98 133.87 to 143.85 -2.65% 1.76 times

Technical analysis forecast for Nahar Industrial Enterprises 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 Nahar Industrial Enterprises Limited NAHARINDUS at this time. Stock is falling and might fall more.

It appears as if Nahar Industrial Enterprises Limited NAHARINDUS gave a large move recently.

Stock of Nahar Industrial Enterprises Limited (NAHARINDUS) 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 Nahar Industrial Enterprises Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nahar Industrial Enterprises Limited stays below 131.8, but if it comes above 131.8, then a intra day buy could be more profitable.
If you take a sell trade below 131.8, then use 131.8 as stoploss and 122.6 as target. However if you take a buy trade in Nahar Industrial Enterprises Limited, then use 131.8 as stoploss and 139.52 as target.

More indepth analysis on MunafaSutra.com