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GAMMONIND NEWS why is Gammon India Limited price falling or rising

GAMMONIND NEWS reasons for why stock price of Gammon India Limited is falling or rising

GAMMONIND Gammon India is falling or rising technical reasons

Technical analysis forecast for Gammon India 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 Gammon India GAMMONIND at this time. Stock is falling and might fall more.

It appears as if Gammon India GAMMONIND gave a large move recently.

Stock of Gammon India (GAMMONIND) 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 Gammon India is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Gammon India stays below 3.1, but if it comes above 3.1, then a intra day buy could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 1.9 as target. However if you take a buy trade in Gammon India, then use 3.1 as stoploss and 4.05 as target.

GAMMONIND Gammon India is falling or rising NEWS fundamental reasons

Company Announcement Gammon India Limited has informed the Exchange regarding Resignation of Mr Ulhas Prabhakar Dharmadhikari as Non- Executive Independent Director of the company w.e.f. April 16, 2024. - NEWS as on 2024-04-18

Company Announcement Gammon India Limited has informed the Exchange regarding 'Disclosure under SEBI Circular SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November, 2019'. - NEWS as on 2024-04-08

Company Announcement Gammon India Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Admission of Gactel Turnkey Projects Limited for Corporate Insolvency Resolution Proc - NEWS as on 2024-04-05

Company Announcement - NEWS as on 2024-04-02

Company Announcement Gammon India Limited has informed the Exchange regarding Change in Director(s) of the company. - NEWS as on 2024-04-01

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2023 - NEWS as on 2024-02-15

More announcements and NEWS

GAMMONIND Gammon India Limited current price & indicator signals

Moving Averages for Gammon India Limited

  • 5Day Average: 2.98
  • 12Day Average: 3.51
  • 20Day Average: 4.2
  • 50Day Average: 5.81
  • 100Day Average: 6.26
  • 150Day Average: 6.79
  • 200Day Average: 7.41

GAMMONIND Indicators & signals

Indicator MACD (12,26,9)

3.51, 4.37, -0.76
Indicator MACD is in negative zone

Indicator ADX (14)

33.33, 30.43, 60.87
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GAMMONIND Gammon India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Mon Jun 2018 2.75 2.75 to 2.75 -3.51% 0.11 times
28 Mon May 2018 2.85 2.85 to 2.85 -3.39% 0.69 times
21 Mon May 2018 2.95 2.95 to 2.95 -4.84% 0.93 times
14 Mon May 2018 3.10 3.10 to 3.25 -4.62% 0.82 times
07 Mon May 2018 3.25 3.25 to 3.30 -4.41% 2.97 times
30 Mon Apr 2018 3.40 3.40 to 3.40 -4.23% 0.56 times
23 Mon Apr 2018 3.55 3.55 to 3.55 -4.05% 0.51 times
16 Mon Apr 2018 3.70 3.70 to 3.85 -3.9% 1.35 times
09 Mon Apr 2018 3.85 3.85 to 3.85 -4.94% 0.87 times
02 Mon Apr 2018 4.05 4.05 to 4.05 -4.71% 0.42 times
26 Mon Mar 2018 4.25 4.25 to 4.25 -4.49% 0.88 times
19 Mon Mar 2018 4.45 4.45 to 4.65 -4.3% 0.57 times

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