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503162 Reliance Chemotex Industries Ltd Buy Sell analysis.

503162 Reliance Chemotex Industries Ltd Buy Sell analysis.

503162 Reliance Chemotex Industries Ltd trades in BSE under Textiles Textiles

Moving Averages for Reliance Chemotex Industries Ltd

  • 5Day Average: 81.11
  • 12Day Average: 74.78
  • 20Day Average: 70.78
  • 50Day Average: 71.32
  • 100Day Average: 72.69

Indicator MACD (12,26,9)

76.83, 72.87, 1.5
MACD is in positive zone

Indicator ADX (14)

54.52, 58.49, 17.22
ADX is indicating that momentum is still strong.
Momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
RSI is indicating buying momentum

Recent prices of 503162 Reliance Chemotex Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Mon Mar 201989.7088.20 to 95.001.82%11.05 times
15 Fri Mar 201988.1081.90 to 89.459.44%5.25 times
14 Thu Mar 201980.5071.00 to 81.057.55%2.04 times
13 Wed Mar 201974.8571.00 to 74.953.38%0.56 times
12 Tue Mar 201972.4070.50 to 73.002.62%0.1 times
11 Mon Mar 201970.5565.00 to 75.00-3.36%0.67 times
08 Fri Mar 201973.0070.90 to 73.352.60%0.09 times
07 Thu Mar 201971.1571.00 to 73.90-3.72%0.15 times
06 Wed Mar 201973.9070.25 to 77.504.67%0.12 times
05 Tue Mar 201970.6066.50 to 71.006.17%0.71 times
01 Fri Mar 201966.5066.10 to 68.000.68%0.32 times
28 Thu Feb 201966.0564.50 to 68.850.92%0.09 times

503162 Reliance Chemotex Industries Ltd Buy Sell analysis.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Reliance Chemotex Industries Ltd 503162 at this time.

It appears as if Reliance Chemotex Industries Ltd 503162 gave a large move recently.

Stock of Reliance Chemotex Industries Ltd (503162) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!

Although my analysis for Reliance Chemotex Industries Ltd is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 87.6, for a target of 78.4 or 70.78

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

503162 Reliance Chemotex Industries Ltd Buy Sell analysis.