BSE Stock 531144 Historical charts - EL FORGE LTD

Historical charts for Stock 531144 - Share EL FORGE LTD trades in BSE

Moving Averages for

5Day Average: 21.98
12Day Average: 22.99
20Day Average: 23.6
50Day Average: 26.59
100Day Average: 29.57
150Day Average: 28.8

531144 Indicators & signals

Indicator MACD (12,26,9)

22.92, 24.17, -1.35
Indicator MACD is in negative zone

Indicator ADX (14)

19.4, 16.36, 24.24
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 531144 are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
07 Fri Mar 2025	23.38	21.72 to 23.38	4.98%	1.1 times
06 Thu Mar 2025	22.27	21.42 to 22.27	5%	0.8 times
05 Wed Mar 2025	21.21	21.00 to 22.00	0.05%	0.76 times
04 Tue Mar 2025	21.20	21.02 to 22.50	-2.97%	1.5 times
03 Mon Mar 2025	21.85	21.85 to 24.00	-5%	0.46 times
28 Fri Feb 2025	23.00	22.34 to 24.30	-2.09%	0.31 times
27 Thu Feb 2025	23.49	23.06 to 24.00	-2.13%	0.32 times
25 Tue Feb 2025	24.00	23.37 to 25.28	-2.4%	2.84 times
24 Mon Feb 2025	24.59	23.40 to 24.99	0.82%	0.67 times
21 Fri Feb 2025	24.39	24.01 to 25.00	2.35%	1.79 times
20 Thu Feb 2025	23.83	22.10 to 23.83	4.98%	0.55 times
19 Wed Feb 2025	22.70	21.00 to 22.70	5%	0.77 times

Technical analysis forecast for 531144 Stock is that its 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 531144 531144 at this time. Stock is falling and might fall more.

It appears as if 531144 531144 gave a large move recently.

Stock of 531144 (531144) 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...

My analysis of 531144 is bearish for shortterm, and stock might move down till 22 or till 20.1. Use a stoploss of 23.6 and if the stock hits stoploss, then it can shoot up till 25.21

Tomorrow's movement Prediction of 531144 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.