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 216938, out of which 153101 went into delivery, which is 70.57 percent of total volumes

Volumes in the last session was 40759, out of which 23116 went into delivery, which is 56.71 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

13 Thursday August 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 16.4 as stoploss in an intra day buy trade for a target of 16.68. However, stock will show a bearish move below 16.4.

12 Wednesday August 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.

My analysis of Energy Development is bullish for shortterm, and stock might move up till 17 or till 17.4. Use a stoploss of 16.71 and if this stock hits its stoploss, then it can fall down till 16.39

11 Tuesday August 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 16, for a target of 16.4 or 16.71

10 Monday August 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 16.2, for a target of 16.5 or 16.79

07 Friday August 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 16.6, but if it comes above 16.6, then a intra day buy could be more profitable.
If you take a sell trade below 16.6, then use 16.6 as stoploss and 16.4 as target. However if you take a buy trade in Energy Development, then use 16.6 as stoploss and 16.85 as target.

06 Thursday August 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 16.7 as stoploss in an intra day buy trade for a target of 16.89. However, stock will show a bearish move below 16.7.

05 Wednesday August 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 16.7, but if it comes above 16.7, then a intra day buy could be more profitable.
If you take a sell trade below 16.7, then use 16.7 as stoploss and 16.5 as target. However if you take a buy trade in Energy Development, then use 16.7 as stoploss and 16.9 as target.

Energy Development ENERGYDEV tips for tomorrow

Tomorrow's movement Prediction of Energy Development ENERGYDEV is strongly bearish. It has broken a strong support of 17 and is expected to move down further.

Munafa value: 35

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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