BSE Stock 532323 Historical charts - SHIVA CEMENT

Historical charts for Stock 532323 - Share SHIVA CEMENT trades in BSE

Moving Averages for

5Day Average: 30.02
12Day Average: 31.41
20Day Average: 32.4
50Day Average: 36.41
100Day Average: 39.21
150Day Average: 42.43

532323 Indicators & signals

Indicator MACD (12,26,9)

31.17, 33.16, -1.88
Indicator MACD is in negative zone

Indicator ADX (14)

50, 10.31, 30.93
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 532323 are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
10 Mon Mar 2025	28.96	28.00 to 30.95	-5.24%	1.24 times
07 Fri Mar 2025	30.56	30.00 to 31.30	0%	0.81 times
06 Thu Mar 2025	30.56	30.41 to 31.38	-0.13%	1.1 times
05 Wed Mar 2025	30.60	29.22 to 31.07	3.98%	2.13 times
04 Tue Mar 2025	29.43	28.26 to 30.88	-0.78%	1.41 times
03 Mon Mar 2025	29.66	28.80 to 32.45	-5.03%	1.28 times
28 Fri Feb 2025	31.23	30.20 to 31.45	-0.7%	1.01 times
27 Thu Feb 2025	31.45	30.16 to 33.20	-4.87%	0.89 times
25 Tue Feb 2025	33.06	32.82 to 34.00	0.73%	0.68 times
24 Mon Feb 2025	32.82	32.68 to 34.28	-2.99%	0.34 times
21 Fri Feb 2025	33.83	33.16 to 35.45	-2.82%	0.36 times
20 Thu Feb 2025	34.81	33.02 to 34.89	3.39%	0.85 times

Technical analysis forecast for 532323 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 532323 532323 at this time. Stock is falling and might fall more.

It appears as if 532323 532323 gave a large move recently.

Stock of 532323 (532323) 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 532323 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if 532323 stays below 30.3, but if it comes above 30.3, then a intra day buy could be more profitable.
If you take a sell trade below 30.3, then use 30.3 as stoploss and 27.8 as target. However if you take a buy trade in 532323, then use 30.3 as stoploss and 32.36 as target.

Munafa value: 50

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.