Homepage Active Options Active Stocks

Stock analysis Nahar Spinning Mills Limited NAHARSPING

More indepth analysis on MunafaSutra.com

Moving Averages for Nahar Spinning Mills Limited

  • 5Day Average: 251.7
  • 12Day Average: 260.57
  • 20Day Average: 274.29
  • 50Day Average: 268.71
  • 100Day Average: 283.55
  • 150Day Average: 294.14
  • 200Day Average: 289.27

NAHARSPING Indicators & signals

Indicator MACD (12,26,9)

260.29, 267.32, -2.93
Indicator MACD is in negative zone

Indicator ADX (14)

36.51, 15.25, 32.8
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NAHARSPING Nahar Spinning Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 238.15 233.40 to 250.05 -4.59% 3.36 times
09 Thu Jan 2025 249.60 248.50 to 259.05 -2.33% 0.6 times
08 Wed Jan 2025 255.55 255.00 to 259.60 -1.29% 0.81 times
07 Tue Jan 2025 258.90 257.00 to 261.90 1.01% 0.94 times
06 Mon Jan 2025 256.30 254.50 to 270.95 -4.97% 1.31 times
03 Fri Jan 2025 269.70 267.75 to 278.10 0.69% 1 times
02 Thu Jan 2025 267.85 265.00 to 272.45 -0.24% 1.25 times
01 Wed Jan 2025 268.50 265.10 to 274.65 0.39% 1.29 times
31 Tue Dec 2024 267.45 262.95 to 268.40 1.71% 0.8 times
30 Mon Dec 2024 262.95 260.00 to 268.20 -1% 0.97 times
27 Fri Dec 2024 265.60 260.50 to 272.55 -0.24% 1.03 times
26 Thu Dec 2024 266.25 262.45 to 282.00 -4.11% 2.18 times

Technical analysis forecast for Nahar Spinning Mills 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 Spinning Mills Limited NAHARSPING at this time. Stock is falling and might fall more.

It appears as if Nahar Spinning Mills Limited NAHARSPING gave a large move recently.

Stock of Nahar Spinning Mills Limited (NAHARSPING) 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 Spinning Mills Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nahar Spinning Mills Limited stays below 246.3, but if it comes above 246.3, then a intra day buy could be more profitable.
If you take a sell trade below 246.3, then use 246.3 as stoploss and 223.4 as target. However if you take a buy trade in Nahar Spinning Mills Limited, then use 246.3 as stoploss and 265.44 as target.

More indepth analysis on MunafaSutra.com