DAVANGERE NEWS why is Davangere Sugar Company L price falling or rising

DAVANGERE NEWS reasons for why stock price of Davangere Sugar Company L is falling or rising

DAVANGERE Davangere Sugar is falling or rising technical reasons

Technical analysis forecast for Davangere Sugar 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 Davangere Sugar DAVANGERE at this time. Stock is falling and might fall more.

It appears as if Davangere Sugar DAVANGERE gave a large move recently.

Stock of Davangere Sugar (DAVANGERE) 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 Davangere Sugar is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Davangere Sugar stays below 6, but if it comes above 6, then a intra day buy could be more profitable.
If you take a sell trade below 6, then use 6 as stoploss and 5.7 as target. However if you take a buy trade in Davangere Sugar, then use 6 as stoploss and 6.3 as target.

DAVANGERE Davangere Sugar is falling or rising NEWS fundamental reasons

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-11-06

Company Announcement - NEWS as on 2024-11-06

Company Announcement Davangere Sugar Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-10-25

Company Announcement Davangere Sugar Company Limited has informed the Exchange about change in Management - NEWS as on 2024-10-22

Company Announcement Davangere Sugar Company Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-03

Company Announcement Davangere Sugar Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-01

Company Announcement Davangere Sugar Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-09-30

Company Announcement Davangere Sugar Company Limited has informed the Exchange about Shareholders meeting - NEWS as on 2024-09-09

Company Announcement Davangere Sugar Company Limited has informed the Exchange regarding Board meeting held on September 06, 2024. - NEWS as on 2024-09-06

More announcements and NEWS

DAVANGERE Davangere Sugar Company L current price & indicator signals

Moving Averages for Davangere Sugar Company L

  • 5Day Average: 6.01
  • 12Day Average: 6.31
  • 20Day Average: 6.28
  • 50Day Average: 6.63
  • 100Day Average: 7.14
  • 150Day Average: 23.69
  • 200Day Average: 40.58

DAVANGERE Indicators & signals

Indicator MACD (12,26,9)

6.21, 6.37, -0.13
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 25, 28.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAVANGERE Davangere Sugar Company L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 5.96 5.90 to 6.09 -1.65% 0.84 times
19 Tue Nov 2024 6.06 6.00 to 6.10 1.17% 1.06 times
18 Mon Nov 2024 5.99 5.95 to 6.18 -1.32% 0.68 times
14 Thu Nov 2024 6.07 5.96 to 6.13 1.34% 0.98 times
13 Wed Nov 2024 5.99 5.94 to 6.23 -3.7% 1.51 times
12 Tue Nov 2024 6.22 5.62 to 6.59 -4.6% 0.82 times
11 Mon Nov 2024 6.52 6.45 to 6.64 -0.61% 0.67 times
08 Fri Nov 2024 6.56 6.45 to 6.64 -1.06% 0.8 times
07 Thu Nov 2024 6.63 6.58 to 6.73 -1.49% 1.16 times
06 Wed Nov 2024 6.73 6.54 to 6.77 2.75% 1.39 times
05 Tue Nov 2024 6.55 6.41 to 6.65 1.55% 0.92 times
04 Mon Nov 2024 6.45 6.36 to 6.82 -2.86% 1.13 times

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