ERIC NEWS why is Ericsson price falling or rising
ERIC NEWS reasons for why stock price of Ericsson is falling or rising
ERIC Ericsson is falling or rising technical reasons
Technical analysis forecast of Ericsson 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 Ericsson ERIC at this time. Stock is rising and might rise more.
It appears as if Ericsson ERIC gave a large move recently.
Stock of Ericsson (ERIC) 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 Ericsson is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.6 as stoploss in an intra day sell trade for a target of 6.39. However, stock will show a bullish move above 6.6.
ERIC Ericsson is falling or rising NEWS fundamental reasons
US Ambassador Eric Garcetti hails Adani's Khavda renewable energy project US Ambassador to India Eric Garcetti visited Adani Group's Khavda renewable energy project, showcasing support for the conglomerate. Adani Greens is developing the world's largest 30,000 MW project in Gujarat, a project that has drawn global attention. Gar - NEWS as on 2024-07-18 indiatimes.com
Vi allots Rs 615 crore of shares to Nokia, Ericsson via preferential issue Vi added that following this allotment, the telco’s paid-up share capital stands increased to Rs 684,540,864,730, comprising 68,454,086,473 equity shares of the face value of Rs 10 each. - NEWS as on 2024-07-18 indiatimes.com
Vi shareholders okay Rs 2,458 cr preferential issue to Nokia, Ericsson Offering stake to its vendors will allow Vi to partially clear outstanding dues - NEWS as on 2024-07-11 business-standard.com
More announcements and NEWS
ERIC Ericsson current price & indicator signals
Recent prices of ERIC Ericsson are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Fri Jul 2024 | 6.57 | 6.54 to 6.61 | -1.05% | 0.74 times |
| 18 Thu Jul 2024 | 6.64 | 6.61 to 6.75 | -1.34% | 0.82 times |
| 17 Wed Jul 2024 | 6.73 | 6.70 to 6.78 | -0.44% | 0.99 times |
| 16 Tue Jul 2024 | 6.76 | 6.56 to 6.81 | 4.16% | 1.55 times |
| 15 Mon Jul 2024 | 6.49 | 6.43 to 6.58 | -2.84% | 1.24 times |
| 12 Fri Jul 2024 | 6.68 | 6.55 to 6.74 | 4.54% | 1.66 times |
| 11 Thu Jul 2024 | 6.39 | 6.35 to 6.46 | -0.78% | 1.03 times |
| 10 Wed Jul 2024 | 6.44 | 6.36 to 6.44 | 1.74% | 0.49 times |
| 09 Tue Jul 2024 | 6.33 | 6.31 to 6.38 | -1.09% | 0.64 times |
| 08 Mon Jul 2024 | 6.40 | 6.31 to 6.43 | 2.89% | 0.81 times |
| 05 Fri Jul 2024 | 6.22 | 6.12 to 6.25 | 0.48% | 0.75 times |
| 03 Wed Jul 2024 | 6.19 | 6.18 to 6.27 | 0% | 0.34 times |
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