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(RossellInd) Rossell Ind complete technical analysis [charts+indicators] | Buy/Sell Rossell Ind | (RossellInd) share price targets

Complete technical analysis of Rossell Ind (RossellInd) by charts plus indicators, forecast predictions and share price targets for Rossell Ind (RossellInd)

10 day averaged volume of Rossell Ind is 2860

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 238.95 243.50 243.50 236.50 0.152 times
21 Tue Mar 2023 240.25 248.75 253.90 240.00 2.839 times
20 Mon Mar 2023 245.80 253.00 265.95 243.80 1.349 times
17 Fri Mar 2023 251.00 256.55 256.55 251.00 0.188 times
16 Thu Mar 2023 249.90 244.20 251.15 243.00 0.164 times
15 Wed Mar 2023 248.85 255.00 258.90 245.10 1.257 times
14 Tue Mar 2023 252.85 261.25 261.75 252.00 0.353 times
13 Mon Mar 2023 260.40 270.40 272.30 258.80 0.257 times
10 Fri Mar 2023 269.95 269.00 273.85 266.20 1.472 times
09 Thu Mar 2023 269.40 265.40 275.00 263.50 1.859 times

Although my analysis for stock 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 235.5, for a target of 245.5 or 253.87

Share price targets for Rossell Ind (RossellInd)

Target Type Value
Downside Target 223.20
Downside Target 236.50
Upside Target 255.70
Upside Target 264.75
Upside Target 272.30
Upside Target 280.05
Upside Target 282.60
Upside Target 287.00
Upside Target 307.30
Upside Target 329.00
Upside Target 371.00
Upside Target 384.75

Intraday share price targets for Rossell Ind (RossellInd)

Target Type Value
Downside Intraday Target 228.32
Downside Intraday Target 217.68
Upside Intraday Target 257.77
Upside Intraday Target 276.58
Upside Intraday Target 247.13

Weekly technical analysis of Rossell Ind (RossellInd)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 238.95 253.00 265.95 236.50 1.955 times
17 Fri Mar 2023 251.00 270.40 272.30 243.00 0.5 times
10 Fri Mar 2023 269.95 257.85 275.00 256.95 0.664 times
03 Fri Mar 2023 257.05 246.70 264.75 238.90 1.677 times
24 Fri Feb 2023 246.70 279.80 280.05 246.45 0.181 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rossell Ind (RossellInd)

Date Monthly Closing Price Open High Low Volume
22 Wed Mar 2023 238.95 250.50 275.00 236.50 0.409 times
28 Tue Feb 2023 251.50 307.30 307.30 223.20 1.701 times
31 Tue Jan 2023 298.35 322.00 329.00 287.00 0.227 times
30 Fri Dec 2022 318.20 359.95 371.00 282.60 0.305 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rossell Ind (RossellInd)

Indicator Name Indicator Value Indicator Signal
ADX 23, 26, 5 Sell
MACD -19, -17Sell
Stochastics 5Sell
CCI -125Sell
RSI 53Buy
OBV -2942Sell
VWAP 253Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Rossell Ind ( (RossellInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rossell Ind ( (RossellInd) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rossell Ind ( (RossellInd) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rossell Ind ( (RossellInd) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rossell Ind stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Rossell Ind in short term and the sell signal is strong.

Rossell Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rossell Ind in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Rossell Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 253.32 and Rossell Ind (RossellInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rossell Ind (RossellInd) stock. Volume based technical analysis of Rossell Ind (RossellInd) stock is negative.

Rossell Ind Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rossell Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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