GITANJALI_BE NEWS why is Gitanjali Gems Limited price falling or rising

GITANJALI_BE NEWS reasons for why stock price of Gitanjali Gems Limited is falling or rising

GITANJALI_BE Gitanjali Gems is falling or rising technical reasons

Technical analysis forecast for Gitanjali Gems 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 Gitanjali Gems GITANJALI_BE at this time. Stock is falling and might fall more.

It appears as if Gitanjali Gems GITANJALI_BE gave a large move recently.

Stock of Gitanjali Gems (GITANJALI_BE) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Gitanjali Gems is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Gitanjali Gems stays below 3.7, but if it comes above 3.7, then a intra day buy could be more profitable.
If you take a sell trade below 3.7, then use 3.7 as stoploss and 3.1 as target. However if you take a buy trade in Gitanjali Gems, then use 3.7 as stoploss and 4.26 as target.

GITANJALI_BE Gitanjali Gems is falling or rising NEWS fundamental reasons

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GITANJALI_BE Gitanjali Gems Limited current price & indicator signals

Moving Averages for Gitanjali Gems Limited

5Day Average: 3.72
12Day Average: 3.83

GITANJALI_BE Indicators & signals

Recent prices of GITANJALI_BE Gitanjali Gems Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
09 Mon Jul 2018	3.60	3.60 to 3.80	-4%	0.72 times
06 Fri Jul 2018	3.75	3.45 to 3.75	4.17%	1.29 times
05 Thu Jul 2018	3.60	3.60 to 3.60	-4%	0.33 times
04 Wed Jul 2018	3.75	3.75 to 4.00	-3.85%	0.49 times
03 Tue Jul 2018	3.90	3.60 to 3.90	4%	1.33 times
02 Mon Jul 2018	3.75	3.75 to 3.95	-3.85%	0.37 times
29 Fri Jun 2018	3.90	3.75 to 3.95	2.63%	2.24 times
28 Thu Jun 2018	3.80	3.55 to 3.85	2.7%	3.1 times
27 Wed Jun 2018	3.70	3.70 to 3.70	-3.9%	0.31 times
26 Tue Jun 2018	3.85	3.85 to 3.85	-4.94%	0.17 times
25 Mon Jun 2018	4.05	4.05 to 4.05	-4.71%	0.37 times
22 Fri Jun 2018	4.25	4.25 to 4.35	-4.49%	0.37 times