540190 NEWS why is Franklinind price falling or rising

540190 NEWS reasons for why stock price of Franklinind is falling or rising

540190 Franklinind is falling or rising technical reasons

Technical analysis forecast of Franklinind 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 Franklinind 540190 at this time. Stock is rising and might rise more.

It appears as if Franklinind 540190 gave a large move recently.

Stock of Franklinind (540190) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Franklinind is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Franklinind stays above 2.2, but if it comes below 2.2, then a intra day sell could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 2.14 as target. However if you take a buy trade in Franklinind, then use 2.2 as stoploss and 2.3 as target.

540190 Franklinind is falling or rising NEWS fundamental reasons

More announcements and NEWS

540190 Franklinind current price & indicator signals

Moving Averages for Franklinind

  • 5Day Average: 2.18
  • 12Day Average: 2.14
  • 20Day Average: 2.12
  • 50Day Average: 2.11
  • 100Day Average: 2.66
  • 150Day Average: 3.8
  • 200Day Average: 4.36

540190 Indicators & signals

Indicator MACD (12,26,9)

2.15, 2.14, -0.01
Indicator MACD is in positive zone

Indicator ADX (14)

0, 58.33, 58.33
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 540190 Franklinind are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Thu Dec 2024 2.22 2.21 to 2.28 0.45% 0.71 times
11 Wed Dec 2024 2.21 2.20 to 2.32 -1.78% 1.13 times
10 Tue Dec 2024 2.25 2.12 to 2.29 5.63% 1.81 times
09 Mon Dec 2024 2.13 2.10 to 2.15 0.95% 1.06 times
06 Fri Dec 2024 2.11 2.07 to 2.14 -0.47% 0.76 times
05 Thu Dec 2024 2.12 2.09 to 2.14 0.47% 0.63 times
04 Wed Dec 2024 2.11 2.08 to 2.12 0.96% 0.73 times
03 Tue Dec 2024 2.09 2.06 to 2.14 0% 0.9 times
02 Mon Dec 2024 2.09 2.03 to 2.17 -1.42% 1.11 times
29 Fri Nov 2024 2.12 2.07 to 2.16 0.47% 0.98 times
28 Thu Nov 2024 2.11 2.07 to 2.14 1.44% 0.89 times
27 Wed Nov 2024 2.08 2.05 to 2.18 -2.8% 0.75 times

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540190 NEWS why is Franklinind price falling or rising

 

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