530897 NEWS why is N.g.ind.ltd. price falling or rising

530897 NEWS reasons for why stock price of N.g.ind.ltd. is falling or rising

530897 N G is falling or rising technical reasons

Technical analysis forecast for N G 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 N G 530897 at this time. Stock is falling and might fall more.

It appears as if N G 530897 gave a large move recently.

Stock of N G (530897) 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 N G is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 158.2 as stoploss in an intra day buy trade for a target of 164.77. However, stock will show a bearish move below 158.2.

530897 N G is falling or rising NEWS fundamental reasons

Domestic finished steel consumption grows 13 pc to 136 MT in FY24: SteelMint India's domestic finished steel consumption increased by 13% to 136 million tonnes in 2023-24, driven by increased demand from the automotive and infrastructure sectors. The country consumed 120 million tonne of finished steel in the previous fiscal year. - NEWS as on 2024-04-18 indiatimes.com

Calcutta HC passes interim order in Glocal case UpHealth, a digital health company, acquired a 95% stake in Glocal in 2020. The dispute started after UpHealth claimed their right to two directors on the board of Glocal as per the share purchase agreement (SPA) in September 2022, which was defeated in an - NEWS as on 2024-04-17 indiatimes.com

Deposited over Rs 10 lakh in cash in your account? You can get I-T notice Cash deposits or withdrawals exceeding Rs 10 lakh (1 million) in a year in a savings account (except current accounts and fixed deposits) require reporting to the Income Tax department. - NEWS as on 2024-04-16 business-standard.com

Gold, silver prices hit peaks on global cues amid tensions in West Asia Extending gains for the second day in a row, gold and silver prices hit fresh all-time high levels on Tuesday, tracking strong trends in the international markets amid fears of escalating tensions in the Middle East. According to HDFC Securities, gold pric - NEWS as on 2024-04-16 business-standard.com

ChrysCap buys small stake in generics company La Renon for Rs 600 cr Incorporated in 2007 by Pankaj Singh, La Renon is engaged in the manufacturing and marketing of branded generic formulations. ChrysCapital is close to acquiring a minority stake in La Renon Healthcare via secondary sale of shares, at a valuation of Rs 6,50 - NEWS as on 2024-04-16 indiatimes.com

M&M to acquire 26% stake in Gelos; MSPL forays into hybrid RE segment Mahindra & Mahindra (M&M) announced that it will acquire a 26% stake in its wholly owned subsidiary, Gelos Solren (Gelos) in one or more tranches. - NEWS as on 2024-04-15 business-standard.com

Dow drops 200 points, risks biggest blown gain since 2022 - NEWS as on 2024-04-15 marketwatch.com

All 224 flats in Gurugram project sold in 15 mins for Rs 440 cr: Ashiana Realty firm Ashiana Housing on Saturday said it sold 224 luxury flats in Gurugram for Rs 440 crore within 15 minutes of its launch. The project is located at Sector 93 in Gurugram, Haryana. In a statement, the company said it has "sold out the entire phase - NEWS as on 2024-04-13 business-standard.com

Lupin gains as Gujarat unit clears USFDA inspection Lupin rose 1.19% to Rs 1,624.65 after the company said that its API manufacturing facility located at Dabhasa, Gujarat has completed the United States Food and Drug Administration (USFDA) inspection with no observations. - NEWS as on 2024-04-12 business-standard.com

It may be time to park some equity gains in gilts, before the rates fall As valuations in the mid-cap and small-cap spaces are rich, with short odds on a retreat in the coming months, investors would be better off buying into long-duration debt on expectations of a start to the rate easing cycle, now expected toward the latter - NEWS as on 2024-04-12 indiatimes.com

Asian shares fall on global rate scare, yen plumbs 34-year low U.S. stock futures lost another 0.2% after Wall Street slid around 1% overnight, while regional bonds took a kicking following a 20-basis-point jump in Treasury yields overnight to their highest since November. - NEWS as on 2024-04-11 indiatimes.com

Sensex at new heights: Long-term growth prospects hold India in good stead 'There are many reasons for the success of Indian equities, but three key reasons stand out' - NEWS as on 2024-04-10 business-standard.com

Dr Reddys launches migraine management wearable device Nerivio in Germany Dr. Reddy's Laboratories announced the launch of the drug-free non-invasive migraine management wearable device Nerivio in Germany through its step-down subsidiary betapharm. The launch marks the company's entry into digital therapeutics in Europe. Nerivio - NEWS as on 2024-04-10 business-standard.com

Strong loan growth, stable asset quality seen powering Jan-March bank numbers Banks will also gain from mark-to-market gains from the easing in treasury yields last quarter and also from a Reserve Bank of India (RBI) relief on provisioning requirements on their alternative investment fund (AIF) investments. - NEWS as on 2024-04-10 indiatimes.com

Delhi High Court seeks response from govt, NPPA on Glenmark's plea Delhi High Court hears Glenmark Pharma's petition against NPPA's pricing order for anti-diabetic drugs, claiming arbitrary pricing and seeking exemption due to DCGI approval. - NEWS as on 2024-04-09 indiatimes.com

More announcements and NEWS

530897 N.g.ind.ltd. current price & indicator signals

Moving Averages for N.g.ind.ltd.

  • 5Day Average: 166.51
  • 12Day Average: 165.43
  • 20Day Average: 162.01
  • 50Day Average: 172.51
  • 100Day Average: 173.38
  • 150Day Average: 163.38
  • 200Day Average: 152.51

530897 Indicators & signals

Indicator MACD (12,26,9)

164.75, 165.44, -1.58
Indicator MACD is in negative zone

Indicator ADX (14)

0, 19.1, 19.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 530897 N.g.ind.ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Tue Apr 2024 161.10 156.10 to 169.75 -1.62% 1.21 times
15 Mon Apr 2024 163.75 155.00 to 165.75 -2.99% 2.28 times
12 Fri Apr 2024 168.80 161.00 to 171.25 1.08% 1.34 times
10 Wed Apr 2024 167.00 167.00 to 171.00 -2.85% 0.48 times
09 Tue Apr 2024 171.90 168.00 to 176.00 2.32% 0.63 times
08 Mon Apr 2024 168.00 165.00 to 168.00 0.03% 0.72 times
05 Fri Apr 2024 167.95 167.10 to 168.00 0.21% 1.03 times
04 Thu Apr 2024 167.60 165.00 to 168.00 2.63% 0.47 times
03 Wed Apr 2024 163.30 163.30 to 168.90 1.02% 1.83 times
02 Tue Apr 2024 161.65 160.15 to 171.00 -3.61% 1.1 times
01 Mon Apr 2024 167.70 155.50 to 167.95 7.19% 0.13 times
28 Thu Mar 2024 156.45 155.50 to 160.00 0.81% 0.64 times

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