logo
book scanners

 

512381 Nivedita Mercantile Financing Ltd Buy Sell analysis.

512381 Nivedita Mercantile Financing Ltd Buy Sell analysis.

512381 Nivedita Mercantile Financing Ltd trades in BSE under Comm Trading Distribution Comm.Trading & Distribution

Moving Averages for Nivedita Mercantile Financing Ltd

  • 5Day Average: 23.1
  • 12Day Average: 23.33
  • 20Day Average: 24.46

Indicator MACD (12,26,9)

23.6, 24.34, -0.61
MACD is in negative zone

Indicator ADX (14)

14.81, 35.94, 48.44
ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 35
RSI is indicating selling pressure.

Recent prices of 512381 Nivedita Mercantile Financing Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Mar 201923.5523.40 to 23.801.29%1.29 times
20 Wed Mar 201923.2523.05 to 23.500.87%1.29 times
19 Tue Mar 201923.0523.00 to 23.500.22%1.3 times
18 Mon Mar 201923.0022.00 to 23.751.55%1.18 times
15 Fri Mar 201922.6522.40 to 22.65-2.58%1.18 times
14 Thu Mar 201923.2523.10 to 23.552.88%1.3 times
13 Wed Mar 201922.6021.75 to 22.600.00%1.15 times
12 Tue Mar 201922.6022.35 to 23.00-3.42%1.15 times
11 Mon Mar 201923.4023.40 to 23.400.65%0.14 times
08 Fri Mar 201923.2523.25 to 23.25-4.12%0.14 times
07 Thu Mar 201924.2524.15 to 24.25-3.58%1.15 times
06 Wed Mar 201925.1525.15 to 25.90-4.37%1.17 times

512381 Nivedita Mercantile Financing 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 Nivedita Mercantile Financing Ltd 512381 at this time.

It appears as if Nivedita Mercantile Financing Ltd 512381 gave a large move recently.

Stock of Nivedita Mercantile Financing Ltd (512381) 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 Nivedita Mercantile Financing Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23 as stoploss in an intra day buy trade for a target of 24.46. However, stock will show a bearish move below 23.

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

512381 Nivedita Mercantile  Financing Ltd Buy Sell analysis.