NSE Stock NEAGI Historical charts - Neelamalai Agro Inds. L
Historical charts for Stock NEAGI - Share Neelamalai Agro Inds. L trades in NSE
Technical analysis forecast for NEAGI 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 NEAGI NEAGI at this time. Stock is falling and might fall more.
It appears as if NEAGI NEAGI gave a large move recently.
Stock of NEAGI (NEAGI) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of NEAGI is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if NEAGI stays below 3117.6, but if it comes above 3117.6, then a intra day buy could be more profitable.
If you take a sell trade below 3117.6, then use 3117.6 as stoploss and 3030.7 as target. However if you take a buy trade in NEAGI, then use 3117.6 as stoploss and 3190.04 as target.
Tomorrow's movement Prediction of NEAGI is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 3177
Munafa value: 40
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
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