BSE Stock 940747 Historical charts - CCIL-10.90%-10-11-27-NCD

Technical analysis forecast for 940747 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 940747 940747 at this time. Stock is falling and might fall more.

It appears as if 940747 940747 gave a large move recently.

Stock of 940747 (940747) 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 940747 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if 940747 stays below 961.3, but if it comes above 961.3, then a intra day buy could be more profitable.
If you take a sell trade below 961.3, then use 961.3 as stoploss and 947.3 as target. However if you take a buy trade in 940747, then use 961.3 as stoploss and 972.92 as target.

Tomorrow's movement Prediction of 940747 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of 940747 is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 980

Munafa value: 25

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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