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(ANDHRAPAP) Andhra Paper complete technical analysis [charts+indicators] | Buy/Sell Andhra Paper | (ANDHRAPAP) share price targets

Complete technical analysis of Andhra Paper (ANDHRAPAP) by charts plus indicators, forecast predictions and share price targets for Andhra Paper (ANDHRAPAP)

10 day averaged volume of Andhra Paper is 119401

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 513.45 514.30 515.20 510.00 0.398 times
21 Tue May 2024 511.70 517.00 517.00 509.05 0.426 times
20 Mon May 2024 517.05 514.00 519.30 514.00 0.125 times
17 Fri May 2024 513.70 508.60 517.00 506.30 1.087 times
16 Thu May 2024 505.60 512.00 515.65 502.00 0.83 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 508.7 as stoploss in an intra day buy trade for a target of 518.39. However, stock will show a bearish move below 508.7.

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type Value
Downside Target 476.00
Downside Target 490.90
Upside Target 519.30
Upside Target 536.00
Upside Target 540.00
Upside Target 544.10
Upside Target 577.05
Upside Target 628.00
Upside Target 649.65

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type Value
Downside Intraday Target 508.57
Downside Intraday Target 503.68
Upside Intraday Target 518.82
Upside Intraday Target 524.18
Upside Intraday Target 513.93

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 513.45 514.00 519.30 509.05 0.116 times
17 Fri May 2024 513.70 521.10 536.00 502.00 3.083 times
10 Fri May 2024 516.90 532.45 535.45 499.50 0.592 times
03 Fri May 2024 528.50 534.80 544.10 525.00 0.476 times
26 Fri Apr 2024 526.70 490.90 540.00 490.90 3.622 times

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

Monthly technical analysis of Andhra Paper (ANDHRAPAP)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 513.45 530.00 544.10 499.50 0.698 times
30 Tue Apr 2024 531.15 489.75 540.00 480.15 0.982 times
28 Thu Mar 2024 485.75 513.60 535.85 476.00 0.394 times
29 Thu Feb 2024 512.10 624.95 628.00 499.55 1.261 times

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 Andhra Paper (ANDHRAPAP)

Indicator Name Indicator Value Indicator Signal
ADX 18, 21, 9 Sell
MACD -1, 0Sell
Stochastics 40None
CCI -25Buy
RSI 43Sell
OBV 1400582Sell
VWAP 518Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) based on a short to mid 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 Andhra Paper ( (ANDHRAPAP) ) 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 Andhra Paper stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Andhra Paper in short term and the sell signal is strong.

Andhra Paper Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Andhra Paper in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Andhra Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 517.6 and Andhra Paper (ANDHRAPAP) 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 Andhra Paper (ANDHRAPAP) stock. Volume based technical analysis of Andhra Paper (ANDHRAPAP) stock is negative.

Andhra Paper 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 Andhra Paper charts

Click here for further forecast and predictions for tomorrow

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