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BRFL NEWS why is Bombay Rayon Fashions Limited price falling or rising

BRFL NEWS reasons for why stock price of Bombay Rayon Fashions Limited is falling or rising

BRFL Bombay Rayon is falling or rising technical reasons

Technical analysis forecast for Bombay Rayon 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 Bombay Rayon BRFL at this time. Stock is falling and might fall more.

It appears as if Bombay Rayon BRFL gave a large move recently.

Stock of Bombay Rayon (BRFL) 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 Bombay Rayon is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.6 as stoploss in an intra day buy trade for a target of 7. However, stock will show a bearish move below 6.6.

BRFL Bombay Rayon is falling or rising NEWS fundamental reasons

Company Announcement Bombay Rayon Fashions Limited has informed the Exchange about Corporate Insolvency Resolution Process - NEWS as on 2024-08-12

Company Announcement Bombay Rayon Fashions Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2023-10-27

Company Announcement Bombay Rayon Fashions Limited has informed the Exchange regarding 'This is to further update that the Company has filed necessary e-form INC 22 with Ministry of Corporate Affairs for updating the said address on MCA portal.'. - NEWS as on 2023-10-13

Company Announcement Bombay Rayon Fashions Limited has informed the Exchange regarding Resignation of Ms Prachi Deshpande as Executive Director of the company w.e.f. August 29, 2023. - NEWS as on 2023-09-15

Company Announcement Bombay Rayon Fashions Limited has informed the Exchange regarding change in Registered Office of the company. - NEWS as on 2023-08-14

Company Announcement Prashant AgrawalĂ‚ has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of IndiaĂ‚ (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Ă‚  - NEWS as on 2023-07-17

Company Announcement Bombay Rayon Fashions Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2023-04-03

More announcements and NEWS

BRFL Bombay Rayon Fashions Limited current price & indicator signals

Moving Averages for Bombay Rayon Fashions Limited

  • 5Day Average: 6.51
  • 12Day Average: 6.87
  • 20Day Average: 7.11
  • 50Day Average: 7.47
  • 100Day Average: 7.7
  • 150Day Average: 7.83
  • 200Day Average: 8.83

BRFL Indicators & signals

Indicator MACD (12,26,9)

6.8, 7.11, -0.24
Indicator MACD is in negative zone

Indicator ADX (14)

22.22, 17.95, 28.21
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BRFL Bombay Rayon Fashions Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
01 Fri Apr 2022 6.65 6.35 to 6.65 4.72% 0.81 times
31 Thu Mar 2022 6.35 6.30 to 6.55 -0.78% 0.88 times
30 Wed Mar 2022 6.40 6.35 to 6.60 -1.54% 1.49 times
29 Tue Mar 2022 6.50 6.40 to 6.80 -2.26% 0.81 times
28 Mon Mar 2022 6.65 6.45 to 6.80 0% 1.21 times
25 Fri Mar 2022 6.65 6.65 to 7.10 -5% 2.03 times
24 Thu Mar 2022 7.00 6.95 to 7.15 -1.41% 0.71 times
23 Wed Mar 2022 7.10 7.00 to 7.40 0% 1.23 times
22 Tue Mar 2022 7.10 7.05 to 7.35 -1.39% 0.5 times
21 Mon Mar 2022 7.20 7.10 to 7.55 -2.7% 0.68 times
17 Thu Mar 2022 7.40 7.35 to 7.65 0% 0.46 times
16 Wed Mar 2022 7.40 7.35 to 7.75 -1.33% 0.46 times

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BRFL NEWS why is Bombay Rayon Fashions Limited price falling or rising

 

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