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 73517, out of which 56063 went into delivery, which is 76.26 percent of total volumes

Volumes in the last session was 17824, out of which 13984 went into delivery, which is 78.46 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

24 Thursday September 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, and stock might move down till 14.5 or till 13.8. Use a stoploss of 15.1 and if the stock hits stoploss, then it can shoot up till 15.68

23 Wednesday September 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 14.5 as stoploss in an intra day buy trade for a target of 15.12. However, stock will show a bearish move below 14.5.

22 Tuesday September 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 14.5 as stoploss in an intra day buy trade for a target of 15.16. However, stock will show a bearish move below 14.5.

21 Monday September 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 14.6, but if it comes above 14.6, then a intra day buy could be more profitable.
If you take a sell trade below 14.6, then use 14.6 as stoploss and 13.8 as target. However if you take a buy trade in Energy Development, then use 14.6 as stoploss and 15.23 as target.

18 Friday September 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 14.6 as stoploss in an intra day buy trade for a target of 15.3. However, stock will show a bearish move below 14.6.

17 Thursday September 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 14.7, but if it comes above 14.7, then a intra day buy could be more profitable.
If you take a sell trade below 14.7, then use 14.7 as stoploss and 13.9 as target. However if you take a buy trade in Energy Development, then use 14.7 as stoploss and 15.37 as target.

16 Wednesday September 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.

Although my analysis for Energy Development is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14, for a target of 14.8 or 15.45

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.

Munafa value: 65

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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