RITCO NEWS why is Ritco Logistics Limited price falling or rising

RITCO NEWS reasons for why stock price of Ritco Logistics Limited is falling or rising

RITCO Ritco Logistics is falling or rising technical reasons

Technical analysis forecast of Ritco Logistics Stock is that its 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 Ritco Logistics RITCO at this time. Stock is rising and might rise more.

It appears as if Ritco Logistics RITCO gave a large move recently.

Stock of Ritco Logistics (RITCO) 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 keep rising and move higher!

My analysis of Ritco Logistics is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ritco Logistics stays above 256, but if it comes below 256, then a intra day sell could be more profitable.
If you take a sell trade below 256, then use 256 as stoploss and 242.26 as target. However if you take a buy trade in Ritco Logistics, then use 256 as stoploss and 272.5 as target.

RITCO Ritco Logistics is falling or rising NEWS fundamental reasons

Company Announcement Roma wadhwa has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-19

Company Announcement Ritco Logistics Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-15

Company Announcement Ritco Leasing and Finance Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-12

Company Announcement Ritco Logistics Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-08

Company Announcement Ritco Logistics Limited has informed the Exchange regarding 'Disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011'. - NEWS as on 2024-04-08

Company Announcement - NEWS as on 2024-03-26

Board Meeting to discuss Other business matters Board Meeting of Independent Directors to be held on Tuesday, March 26, 2024 - NEWS as on 2024-03-18

Board Meeting to discuss Fund Raising To consider Fund Raising proposal by way of issuance equity shares or any other eligible securities ( Securities ) through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential i - NEWS as on 2024-02-28

Company Announcement Ritco Logistics Limited has informed the Exchange regarding Board meeting held on February 02, 2024. - NEWS as on 2024-02-05

Company Announcement Ritco Logistics Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 - NEWS as on 2024-02-05

More announcements and NEWS

RITCO Ritco Logistics Limited current price & indicator signals

Moving Averages for Ritco Logistics Limited

  • 5Day Average: 254.14
  • 12Day Average: 245.85
  • 20Day Average: 236.66
  • 50Day Average: 239.79
  • 100Day Average: 252.78
  • 150Day Average: 244.26
  • 200Day Average: 226.98

RITCO Indicators & signals

Indicator MACD (12,26,9)

246.41, 241.13, 1.76
Indicator MACD is in positive zone

Indicator ADX (14)

49.12, 29.91, 10.21
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RITCO Ritco Logistics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 261.10 239.55 to 274.90 3.49% 3.87 times
18 Thu Apr 2024 252.30 250.55 to 261.10 -1.91% 0.46 times
16 Tue Apr 2024 257.20 252.55 to 270.00 0.14% 1.67 times
15 Mon Apr 2024 256.85 230.50 to 291.90 5.59% 5.59 times
12 Fri Apr 2024 243.25 240.00 to 253.90 1.06% 0.65 times
10 Wed Apr 2024 240.70 236.20 to 248.00 1.11% 0.13 times
09 Tue Apr 2024 238.05 235.80 to 241.20 -0.33% 0.05 times
08 Mon Apr 2024 238.85 237.00 to 244.50 0.65% 0.17 times
05 Fri Apr 2024 237.30 232.90 to 242.00 1.65% 0.22 times
04 Thu Apr 2024 233.45 229.25 to 252.45 -5.81% 0.51 times
03 Wed Apr 2024 247.85 239.60 to 250.00 1.89% 0.54 times
02 Tue Apr 2024 243.25 229.45 to 245.55 2.88% 0.44 times

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RITCO NEWS why is Ritco Logistics Limited price falling or rising

 

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