BSE Stock 540259 Historical charts - SHANGAR

Historical charts for Stock 540259 - Share SHANGAR trades in BSE

Moving Averages for

5Day Average: 4.86
12Day Average: 4.9
20Day Average: 4.91
50Day Average: 5.3
100Day Average: 7.1
150Day Average: 7.52

540259 Indicators & signals

Indicator MACD (12,26,9)

4.89, 5.11, -0.26
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 33.33, 38.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 540259 are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Fri Feb 2025	4.81	4.56 to 4.98	0.21%	1.52 times
27 Thu Feb 2025	4.80	4.80 to 5.17	-4.95%	1.1 times
25 Tue Feb 2025	5.05	4.91 to 5.12	3.48%	1.96 times
24 Mon Feb 2025	4.88	4.84 to 4.98	2.74%	2.65 times
21 Fri Feb 2025	4.75	4.64 to 4.75	0.42%	1.45 times
20 Thu Feb 2025	4.73	4.73 to 4.73	-1.87%	0.13 times
19 Wed Feb 2025	4.82	4.82 to 4.82	-1.83%	0.14 times
18 Tue Feb 2025	4.91	4.91 to 4.91	-2%	0.08 times
17 Mon Feb 2025	5.01	5.01 to 5.21	-1.96%	0.97 times
14 Fri Feb 2025	5.11	5.11 to 5.11	2%	0.65 times
13 Thu Feb 2025	5.01	5.01 to 5.01	1.83%	0.86 times
12 Wed Feb 2025	4.92	4.92 to 4.92	1.86%	0.55 times

Technical analysis forecast for 540259 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 540259 540259 at this time. Stock is falling and might fall more.

It appears as if 540259 540259 gave a large move recently.

Stock of 540259 (540259) 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.

My analysis of 540259 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if 540259 stays below 4.9, but if it comes above 4.9, then a intra day buy could be more profitable.
If you take a sell trade below 4.9, then use 4.9 as stoploss and 4.7 as target. However if you take a buy trade in 540259, then use 4.9 as stoploss and 4.99 as target.

Tomorrow's movement Prediction of 540259 appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Munafa value: 54

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.