Munafa Energy Development Company Limited (ENERGYDEV) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Energy Development Company Limited (ENERGYDEV) Indicator analysis

Energy Development Company Limited stock tips (delivery Volume analysis)

Total 5 day volume for Energy Development Company Limited is 420193, out of which 321358 went into delivery, which is 76.48 percent of total volumes

Volumes in the last session was 339863, out of which 265055 went into delivery, which is 77.99 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Energy Development ENERGYDEV intraday stock tips

01 Wednesday July Stock tips for Energy Development (ENERGYDEV) Stock 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.

It appears as if Energy Development ENERGYDEV gave a large move recently.

Although my analysis for Energy Development 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 17.6, for a target of 17.1 or 16.64

30 Tuesday June Stock tips for Energy Development Stock 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...

It appears as if Energy Development ENERGYDEV gave a large move recently.

My analysis of Energy Development is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.2 as stoploss in an intra day buy trade for a target of 16.49. However, stock will show a bearish move below 16.2.

29 Monday June Stock tips for Energy Development Stock 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...

It appears as if Energy Development ENERGYDEV gave a large move recently.

My analysis of Energy Development is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Energy Development stays below 16.2, but if it comes above 16.2, then a intra day buy could be more profitable.
If you take a sell trade below 16.2, then use 16.2 as stoploss and 15.9 as target. However if you take a buy trade in Energy Development, then use 16.2 as stoploss and 16.51 as target.

25 Thursday June Stock tips for Energy Development Stock 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...

It appears as if Energy Development ENERGYDEV gave a large move recently.

My analysis of Energy Development is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Energy Development stays below 16.3, but if it comes above 16.3, then a intra day buy could be more profitable.
If you take a sell trade below 16.3, then use 16.3 as stoploss and 16 as target. However if you take a buy trade in Energy Development, then use 16.3 as stoploss and 16.55 as target.

24 Wednesday June Stock tips for Energy Development Stock 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.

It appears as if Energy Development ENERGYDEV gave a large move recently.

My analysis of Energy Development is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Energy Development stays below 16.3, but if it comes above 16.3, then a intra day buy could be more profitable.
If you take a sell trade below 16.3, then use 16.3 as stoploss and 16 as target. However if you take a buy trade in Energy Development, then use 16.3 as stoploss and 16.58 as target.

23 Tuesday June Stock tips for Energy Development Stock 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.

It appears as if Energy Development ENERGYDEV gave a large move recently.

My analysis of Energy Development is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.3 as stoploss in an intra day buy trade for a target of 16.61. However, stock will show a bearish move below 16.3.

22 Monday June Stock tips for Energy Development Stock 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.

It appears as if Energy Development ENERGYDEV gave a large move recently.

My analysis of Energy Development is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.3 as stoploss in an intra day buy trade for a target of 16.64. However, stock will show a bearish move below 16.3.

Energy Development ENERGYDEV tips for tomorrow

Tomorrow's movement Prediction of Energy Development ENERGYDEV appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of Energy Development ENERGYDEV is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Tomorrow's movement Prediction of Energy Development ENERGYDEV is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 16.64

Tomorrow's movement Prediction of Energy Development ENERGYDEV looks bullish. It has broken an important resistance level of 18 with high volumes

Tomorrow's movement Prediction of Energy Development ENERGYDEV looks bullish. It has broken an important Moving average of 16.64 with high volumes

Munafa value: 100

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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