PLUS NEWS why is Eplus Inc. price falling or rising

PLUS NEWS reasons for why stock price of Eplus Inc. is falling or rising

PLUS Eplus Inc is falling or rising technical reasons

Technical analysis forecast of Eplus Inc 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 Eplus Inc PLUS at this time. Stock is rising and might rise more.

It appears as if Eplus Inc PLUS gave a large move recently.

Stock of Eplus Inc (PLUS) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Eplus Inc is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 99.9 as stoploss in an intra day sell trade for a target of 95.2. However, stock will show a bullish move above 99.9.

PLUS Eplus Inc is falling or rising NEWS fundamental reasons

WACR 18 bps higher than repo rate despite surplus liquidity On Monday, the weighted average call rate rose to 6.68%, exceeding the Reserve Bank of India's 6.50% repo rate, due to uneven liquidity distribution in the banking system. Public sector banks faced a shortfall, despite an overall liquidity surplus of Rs. 7 - NEWS as on 2024-10-01 indiatimes.com

Odisha Coal and Power Ltd looks to sell surplus coal at discount Odisha Coal and Power Ltd (OCPL) plans to auction 3 million tons of surplus coal at a 15% discount on Oct. 4 due to lower demand. This comes as India's domestic coal production increased by 7.12% from last year, reaching 370 million metric tons between Apr - NEWS as on 2024-09-23 indiatimes.com

More announcements and NEWS

PLUS Eplus Inc. current price & indicator signals

Moving Averages for Eplus Inc.

  • 5Day Average: 97.93
  • 12Day Average: 97.04
  • 20Day Average: 93.62
  • 50Day Average: 91.4
  • 100Day Average: 83.75
  • 150Day Average: 81.89
  • 200Day Average: 80.86

PLUS Indicators & signals

Indicator MACD (12,26,9)

96.64, 94.27, 2.06
Indicator MACD is in positive zone

Indicator ADX (14)

28.13, 30.15, 16.91
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PLUS Eplus Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Mon Sep 2024 98.34 97.87 to 100.14 -0.49% 1.02 times
27 Fri Sep 2024 98.82 97.98 to 99.85 0.79% 0.5 times
26 Thu Sep 2024 98.05 97.06 to 99.05 1.61% 0.72 times
25 Wed Sep 2024 96.50 95.87 to 98.84 -1.47% 0.69 times
24 Tue Sep 2024 97.94 97.73 to 99.05 -0.4% 0.62 times
23 Mon Sep 2024 98.33 97.17 to 99.90 -0.6% 0.54 times
20 Fri Sep 2024 98.92 98.81 to 102.32 -2.13% 3.57 times
19 Thu Sep 2024 101.07 98.40 to 101.08 4.56% 0.79 times
18 Wed Sep 2024 96.66 95.00 to 99.57 1.53% 1.18 times
17 Tue Sep 2024 95.20 94.31 to 96.49 2.04% 0.69 times
16 Mon Sep 2024 93.30 90.13 to 93.42 2.16% 0.71 times
13 Fri Sep 2024 91.33 89.22 to 91.67 3.53% 0.62 times

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