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SOMICONVEY NEWS why is Somi Conv.belt. price falling or rising

SOMICONVEY NEWS reasons for why stock price of Somi Conv.belt. is falling or rising

SOMICONVEY Somi Conv is falling or rising technical reasons

Technical analysis forecast of Somi Conv Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Somi Conv SOMICONVEY at this time. Stock is rising and might rise more.

It appears as if Somi Conv SOMICONVEY gave a large move recently.

Stock of Somi Conv (SOMICONVEY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Somi Conv is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 109.9, for a target of 105.3 or 101.41

SOMICONVEY Somi Conv is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2026-05-22

Company Announcement Somi Conveyor Beltings Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. - NEWS as on 2026-05-20

Board Meeting to discuss Financial Results/Other business matters To consider and approve the financial results for the period ended March 31, 2026 and other business matters - NEWS as on 2026-05-12

Company Announcement Somi Conveyor Beltings Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on May 06, 2026. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2026-05-07

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Re-appointment of Mr. Santosh Kumar Joshi as Non- Executive Independent Director of the company w.e.f. February 22, 2026. - NEWS as on 2026-04-20

Company Announcement Somi Conveyor Beltings Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2026-04-10

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Re-appointment of Mr. Santosh Kumar Joshi as Non- Executive Independent Director of the company w.e.f. February 22, 2026, subject to necessary approval of Members at the EGM of the company - NEWS as on 2026-04-09

More announcements and NEWS

SOMICONVEY Somi Conv.belt. current price & indicator signals

Moving Averages for Somi Conv.belt.

  • 5Day Average: 101.5
  • 12Day Average: 99.77
  • 20Day Average: 99.68
  • 50Day Average: 106.11
  • 100Day Average: 104.14
  • 150Day Average: 111.16
  • 200Day Average: 119.8

SOMICONVEY Indicators & signals

Indicator MACD (12,26,9)

101.32, 101.87, -1.89
Indicator MACD is in negative zone

Indicator ADX (14)

45.22, 34.15, 12.88
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SOMICONVEY Somi Conv.belt. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Jun 2026 115.33 97.18 to 117.37 17.91% 143.59 times
24 Wed Jun 2026 97.81 96.20 to 99.90 1.25% 1.06 times
23 Tue Jun 2026 96.60 95.55 to 99.60 -2.12% 1.35 times
22 Mon Jun 2026 98.69 98.55 to 100.80 -0.38% 0.44 times
19 Fri Jun 2026 99.07 98.20 to 100.51 0.41% 0.5 times
18 Thu Jun 2026 98.67 98.20 to 100.99 -1.31% 1.62 times
17 Wed Jun 2026 99.98 99.01 to 101.00 -0.2% 0.85 times
16 Tue Jun 2026 100.18 99.15 to 101.98 0.71% 2.1 times
15 Mon Jun 2026 99.47 99.00 to 101.01 1.23% 1.15 times
12 Fri Jun 2026 98.26 97.04 to 99.85 1.37% 0.2 times
11 Thu Jun 2026 96.93 95.00 to 97.00 0.71% 0.73 times
10 Wed Jun 2026 96.25 95.61 to 98.00 -0.98% 0.52 times

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SOMICONVEY NEWS why is Somi Conv.belt. price falling or rising

 

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