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502271 Raasi Refractories Ltd Buy Sell analysis.

502271 Raasi Refractories Ltd Buy Sell analysis.

502271 Raasi Refractories Ltd trades in BSE under Other Industrial Goods Other Industrial Goods

Moving Averages for Raasi Refractories Ltd

  • 5Day Average: 7.81
  • 12Day Average: 8.38
  • 20Day Average: 9.22
  • 50Day Average: 12.55

Indicator MACD (12,26,9)

8.54, 9.97, -1.35
MACD is in negative zone

Indicator ADX (14)

57.58, 21.21, 78.79
ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 67
RSI is indicating buying momentum

Recent prices of 502271 Raasi Refractories Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Mar 20197.517.51 to 7.51-1.96%0.19 times
20 Wed Mar 20197.667.66 to 7.81-1.92%0.78 times
19 Tue Mar 20197.817.81 to 7.81-1.88%4.99 times
18 Mon Mar 20197.967.96 to 8.12-1.97%3.57 times
15 Fri Mar 20198.128.12 to 8.12-1.93%0.31 times
12 Tue Mar 20198.288.28 to 8.28-1.90%0.11 times
11 Mon Mar 20198.448.44 to 8.44-1.97%0.05 times
08 Fri Mar 20198.618.61 to 8.61-1.94%0 times
07 Thu Mar 20198.788.78 to 8.78-1.90%0.04 times
06 Wed Mar 20198.958.95 to 8.95-1.97%0.08 times
05 Tue Mar 20199.139.13 to 9.13-1.93%0.06 times
01 Fri Mar 20199.319.31 to 9.31-2.00%0.23 times

502271 Raasi Refractories Ltd Buy Sell analysis.

Stock is 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 Raasi Refractories Ltd 502271 at this time.

It appears as if Raasi Refractories Ltd 502271 gave a large move recently.

Stock of Raasi Refractories Ltd (502271) 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, and the stock might move lower...

My analysis of Raasi Refractories Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Raasi Refractories Ltd stays below 8, but if it comes above 8, then a intra day buy could be more profitable.
If you take a sell trade below 8, then use 8 as stoploss and 6.5 as target. However if you take a buy trade in Raasi Refractories Ltd, then use 8 as stoploss and 9.22 as target.

Quick Charts: All in One charts   Weekly charts   Monthly charts   Renko charts (2)   Renko charts (5)  

502271 Raasi Refractories Ltd Buy Sell analysis.