NSE Stock SOCL_SM Historical charts - Sundrex Oil Company Ltd
Historical charts for Stock SOCL_SM - Share Sundrex Oil Company Ltd trades in NSE
Technical analysis forecast for SOCL_SM 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 SOCL_SM SOCL_SM at this time. Stock is falling and might fall more.
It appears as if SOCL_SM SOCL_SM gave a large move recently.
Stock of SOCL_SM (SOCL_SM) 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...
Although my analysis for SOCL_SM 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 26.3, for a target of 28.1 or 29.61
Tomorrow's movement Prediction of SOCL_SM is strongly bearish. It has broken a strong support of 27 and is expected to move down further.
Munafa value: 35
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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