538943 NEWS why is Sonal price falling or rising

538943 NEWS reasons for why stock price of Sonal is falling or rising

538943 Sonal is falling or rising technical reasons

Technical analysis forecast for Sonal 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 Sonal 538943 at this time. Stock is falling and might fall more.

It appears as if Sonal 538943 gave a large move recently.

Stock of Sonal (538943) 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.

Although my analysis for Sonal is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 108.7, for a target of 111.3 or 113.54

538943 Sonal is falling or rising NEWS fundamental reasons

Sold small portion of shares for personal reasons: EaseMyTrip Co-Founder Nishant Pitti after resignation Nishant Pitti sold a small portion of promoter shares for personal reasons after resigning as CEO of EaseMyTrip. His brother Rikant Pitti has taken over as the new CEO. Nishant reassured that the share sale does not indicate a lack of confidence in the com - NEWS as on 2025-01-03 indiatimes.com

Easy Trip CEO Nishant Pitti resigns over personal reasons Nishant Pitti, CEO and co-founder of Easy Trip Planners, resigned citing personal reasons after divesting a 1.4% stake for Rs 78 crore. Rikant Pitti will take over as CEO from January 1, 2025. Shares of the company fell 6.98% following these announcements. - NEWS as on 2025-01-01 indiatimes.com

More announcements and NEWS

538943 Sonal current price & indicator signals

Moving Averages for Sonal

  • 5Day Average: 113.7
  • 12Day Average: 114.15
  • 20Day Average: 113.56
  • 50Day Average: 113.56
  • 100Day Average: 118.56
  • 150Day Average: 115.38
  • 200Day Average: 111.44

538943 Indicators & signals

Indicator MACD (12,26,9)

113.46, 113.62, 0.07
Indicator MACD is in negative zone

Indicator ADX (14)

7.45, 14.72, 12.68
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 538943 Sonal are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Mon Jan 2025 109.50 108.00 to 114.30 -3.99% 0.64 times
10 Fri Jan 2025 114.05 112.55 to 118.75 1.06% 0.84 times
09 Thu Jan 2025 112.85 112.50 to 116.30 -3.05% 0.13 times
08 Wed Jan 2025 116.40 112.30 to 120.00 0.61% 0.58 times
07 Tue Jan 2025 115.70 112.60 to 121.30 4.28% 1.99 times
06 Mon Jan 2025 110.95 108.00 to 120.00 -6.41% 1.26 times
03 Fri Jan 2025 118.55 109.60 to 121.15 4.63% 2.14 times
02 Thu Jan 2025 113.30 112.70 to 117.70 -0.18% 0.38 times
01 Wed Jan 2025 113.50 112.25 to 115.90 -0.04% 0.46 times
31 Tue Dec 2024 113.55 110.00 to 118.70 -0.92% 0.87 times
30 Mon Dec 2024 114.60 108.20 to 114.60 -1.97% 1.35 times
27 Fri Dec 2024 116.90 112.05 to 119.00 2.9% 0.31 times

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538943 NEWS why is Sonal price falling or rising

 

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