506690 NEWS why is Unichem Lab price falling or rising

506690 NEWS reasons for why stock price of Unichem Lab is falling or rising

506690 Unichem Lab is falling or rising technical reasons

Technical analysis forecast of Unichem Lab Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Unichem Lab 506690 at this time. Stock is rising and might rise more.

It appears as if Unichem Lab 506690 gave a large move recently.

Stock of Unichem Lab (506690) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Unichem Lab is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Unichem Lab stays above 568.4, but if it comes below 568.4, then a intra day sell could be more profitable.
If you take a sell trade below 568.4, then use 568.4 as stoploss and 535.72 as target. However if you take a buy trade in Unichem Lab, then use 568.4 as stoploss and 607.7 as target.

506690 Unichem Lab is falling or rising NEWS fundamental reasons

More announcements and NEWS

506690 Unichem Lab current price & indicator signals

Moving Averages for Unichem Lab

  • 5Day Average: 562.73
  • 12Day Average: 541.83
  • 20Day Average: 522.63
  • 50Day Average: 523
  • 100Day Average: 480.22
  • 150Day Average: 459.35
  • 200Day Average: 443.98

506690 Indicators & signals

Indicator MACD (12,26,9)

547.24, 530.47, 9.51
Indicator MACD is in positive zone

Indicator ADX (14)

16.52, 25.28, 35.29
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 506690 Unichem Lab are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 577.80 547.00 to 584.55 -1.32% 3.58 times
18 Thu Apr 2024 585.50 570.00 to 606.85 4.7% 4.12 times
16 Tue Apr 2024 559.20 550.30 to 565.00 1.75% 0.56 times
15 Mon Apr 2024 549.60 433.25 to 560.00 1.49% 1.04 times
12 Fri Apr 2024 541.55 538.70 to 550.20 -0.49% 0.34 times
10 Wed Apr 2024 544.20 541.70 to 557.30 -0.78% 0.77 times
09 Tue Apr 2024 548.50 545.00 to 559.90 -1.22% 0.38 times
08 Mon Apr 2024 555.25 551.25 to 570.10 1.48% 1.69 times
05 Fri Apr 2024 547.15 498.00 to 553.40 9.77% 1.04 times
04 Thu Apr 2024 498.45 498.00 to 501.10 0.35% 0.02 times
03 Wed Apr 2024 496.70 495.85 to 502.00 -0.26% 0.03 times
02 Tue Apr 2024 498.00 496.00 to 500.90 1.13% 0.21 times

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506690 NEWS why is Unichem Lab price falling or rising

 

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