Munafa Ritco Logistics Limited (RITCO) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Ritco Logistics Limited (RITCO) Indicator analysis

Ritco Logistics Limited stock tips (delivery Volume analysis)

Total 5 day volume for Ritco Logistics Limited is 121847, out of which 72162 went into delivery, which is 59.22 percent of total volumes

Volumes in the last session was 16940, out of which 9599 went into delivery, which is 56.66 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Ritco Logistics RITCO intraday stock tips

23 Monday February Stock tips for Ritco Logistics Stock 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, stock might keep falling and stock might move lower...

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

My analysis of Ritco Logistics is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ritco Logistics stays below 229.5, but if it comes above 229.5, then a intra day buy could be more profitable.
If you take a sell trade below 229.5, then use 229.5 as stoploss and 221.6 as target. However if you take a buy trade in Ritco Logistics, then use 229.5 as stoploss and 236.12 as target.

20 Friday February Stock tips for Ritco Logistics Stock 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, stock might keep falling and stock might move lower...

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

My analysis of Ritco Logistics is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ritco Logistics stays below 230.4, but if it comes above 230.4, then a intra day buy could be more profitable.
If you take a sell trade below 230.4, then use 230.4 as stoploss and 222.6 as target. However if you take a buy trade in Ritco Logistics, then use 230.4 as stoploss and 236.84 as target.

19 Thursday February Stock tips for Ritco Logistics Stock 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, stock might keep falling and stock might move lower...

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

My analysis of Ritco Logistics is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ritco Logistics stays below 232, but if it comes above 232, then a intra day buy could be more profitable.
If you take a sell trade below 232, then use 232 as stoploss and 224.8 as target. However if you take a buy trade in Ritco Logistics, then use 232 as stoploss and 238 as target.

18 Wednesday February Stock tips for Ritco Logistics Stock 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, stock might keep falling and stock might move lower...

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

Although my analysis for Ritco Logistics is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 226.4, for a target of 233.3 or 239.08

17 Tuesday February Stock tips for Ritco Logistics Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

Although my analysis for Ritco Logistics is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 228.2, for a target of 234.7 or 240.16

16 Monday February Stock tips for Ritco Logistics Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

Although my analysis for Ritco Logistics is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 229.8, for a target of 236 or 241.18

13 Friday February Stock tips for Ritco Logistics Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

Although my analysis for Ritco Logistics is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 231, for a target of 237.3 or 242.48

Ritco Logistics RITCO tips for tomorrow

Tomorrow's movement Prediction of Ritco Logistics RITCO appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Munafa value: 65

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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