(BarodaRayon) Baroda Rayon complete technical analysis [charts+indicators] | Buy/Sell Baroda Rayon | (BarodaRayon) share price targets
Complete technical analysis of Baroda Rayon (BarodaRayon) by charts plus indicators, forecast predictions and share price targets for Baroda Rayon (BarodaRayon)
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Baroda Rayon is 3475
Date | Daily Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 170.10 | 167.10 | 172.25 | 167.10 | 0.508 times |
30 Thu May 2024 | 172.40 | 170.95 | 174.95 | 166.10 | 0.67 times |
29 Wed May 2024 | 169.55 | 168.60 | 172.15 | 168.00 | 0.191 times |
28 Tue May 2024 | 168.60 | 167.00 | 172.10 | 167.00 | 0.343 times |
27 Mon May 2024 | 169.35 | 175.25 | 175.25 | 167.30 | 0.583 times |
24 Fri May 2024 | 169.90 | 174.00 | 174.00 | 169.00 | 1.954 times |
23 Thu May 2024 | 174.00 | 179.00 | 184.10 | 172.60 | 1.318 times |
22 Wed May 2024 | 178.45 | 175.05 | 185.25 | 175.05 | 0.887 times |
21 Tue May 2024 | 179.05 | 182.50 | 185.10 | 175.30 | 0.6 times |
18 Sat May 2024 | 181.75 | 185.35 | 190.75 | 181.00 | 0.165 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 169.3 as stoploss in an intra day buy trade for a target of 173.66. However, stock will show a bearish move below 169.3.
Share price targets for Baroda Rayon (BarodaRayon)
Target Type | Value |
Downside Target | 150.00 |
Downside Target | 156.00 |
Downside Target | 165.00 |
Upside Target | 175.00 |
Upside Target | 182.70 |
Upside Target | 185.25 |
Upside Target | 199.45 |
Upside Target | 200.00 |
Upside Target | 202.00 |
Upside Target | 214.40 |
Upside Target | 219.50 |
Intraday share price targets for Baroda Rayon (BarodaRayon)
Target Type | Value |
Downside Intraday Target | 165.72 |
Downside Intraday Target | 161.33 |
Upside Intraday Target | 174.87 |
Upside Intraday Target | 179.63 |
Upside Intraday Target | 170.48 |
Weekly technical analysis of Baroda Rayon (BarodaRayon)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 170.10 | 175.25 | 175.25 | 166.10 | 0.482 times |
24 Fri May 2024 | 169.90 | 182.50 | 185.25 | 169.00 | 0.932 times |
18 Sat May 2024 | 181.75 | 168.90 | 202.00 | 165.00 | 2.439 times |
10 Fri May 2024 | 172.35 | 179.50 | 182.85 | 168.90 | 0.827 times |
03 Fri May 2024 | 177.90 | 180.15 | 182.70 | 175.00 | 0.747 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Baroda Rayon (BarodaRayon)
Date | Monthly Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 170.10 | 181.90 | 202.00 | 165.00 | 0.782 times |
30 Tue Apr 2024 | 179.25 | 156.00 | 199.45 | 156.00 | 1.187 times |
28 Thu Mar 2024 | 159.80 | 194.00 | 200.00 | 150.00 | 0.407 times |
29 Thu Feb 2024 | 194.15 | 192.00 | 219.50 | 170.05 | 0.765 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Baroda Rayon (BarodaRayon)
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Baroda Rayon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Baroda Rayon in short term and the sell signal is strong.
Baroda Rayon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Baroda Rayon in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Baroda Rayon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 172.86 and Baroda Rayon (BarodaRayon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Baroda Rayon (BarodaRayon) stock. Volume based technical analysis of Baroda Rayon (BarodaRayon) stock is negative.
Baroda Rayon Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Baroda Rayon ( (BarodaRayon) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Baroda Rayon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Baroda Rayon in short term and the sell signal is strong.
Baroda Rayon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Baroda Rayon in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Baroda Rayon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 172.86 and Baroda Rayon (BarodaRayon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Baroda Rayon (BarodaRayon) stock. Volume based technical analysis of Baroda Rayon (BarodaRayon) stock is negative.
Baroda Rayon Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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