Munafa Forge Auto Internation L (FORGEAUTO_SM) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Forge Auto Internation L (FORGEAUTO_SM) Indicator analysis

Forge Auto Internation L stock tips (delivery Volume analysis)

Total 5 day volume for Forge Auto Internation L is 57600, out of which 45600 went into delivery, which is 79.17 percent of total volumes

Volumes in the last session was 2400, out of which 2400 went into delivery, which is 100 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.

Forge Auto FORGEAUTO_SM intraday stock tips

05 Friday December Stock tips for Forge Auto 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Forge Auto stays below 121.1, but if it comes above 121.1, then a intra day buy could be more profitable.
If you take a sell trade below 121.1, then use 121.1 as stoploss and 114.3 as target. However if you take a buy trade in Forge Auto, then use 121.1 as stoploss and 126.85 as target.

04 Thursday December Stock tips for Forge Auto 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Forge Auto stays below 122.9, but if it comes above 122.9, then a intra day buy could be more profitable.
If you take a sell trade below 122.9, then use 122.9 as stoploss and 116.9 as target. However if you take a buy trade in Forge Auto, then use 122.9 as stoploss and 127.88 as target.

03 Wednesday December Stock tips for Forge Auto 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Forge Auto stays below 124, but if it comes above 124, then a intra day buy could be more profitable.
If you take a sell trade below 124, then use 124 as stoploss and 118.6 as target. However if you take a buy trade in Forge Auto, then use 124 as stoploss and 128.6 as target.

28 Friday November Stock tips for Forge Auto 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 125.2 as stoploss in an intra day buy trade for a target of 129.4. However, stock will show a bearish move below 125.2.

27 Thursday November Stock tips for Forge Auto (FORGEAUTO_SM) 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bullish for shortterm, and stock might move up till 134 or till 139.1. Use a stoploss of 129.83 and if this stock hits its stoploss, then it can fall down till 125.61

26 Wednesday November Stock tips for Forge Auto (FORGEAUTO_SM) 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 134.3 as stoploss in an intra day sell trade for a target of 129.81. However, stock will show a bullish move above 134.3.

25 Tuesday November Stock tips for Forge Auto 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 Forge Auto FORGEAUTO_SM gave a large move recently.

My analysis of Forge Auto is bearish for shortterm, and stock might move down till 124.8 or till 119.2. Use a stoploss of 129.53 and if the stock hits stoploss, then it can shoot up till 134.22

Forge Auto FORGEAUTO_SM tips for tomorrow

Tomorrow's movement Prediction of Forge Auto FORGEAUTO_SM appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Forge Auto FORGEAUTO_SM is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 117.15

Munafa value: 25

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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