Stock analysis Cairn India Limited CAIRN
More indepth analysis on MunafaSutra.com
Recent prices of CAIRN Cairn India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Tue Apr 2017 | 285.35 | 279.65 to 287.65 | 0.81% | 4.72 times |
| 24 Mon Apr 2017 | 283.05 | 279.45 to 285.65 | -0.89% | 1.71 times |
| 21 Fri Apr 2017 | 285.60 | 284.25 to 288.85 | -1.02% | 1.6 times |
| 20 Thu Apr 2017 | 288.55 | 284.70 to 291.50 | 0.65% | 1.13 times |
| 19 Wed Apr 2017 | 286.70 | 278.10 to 289.90 | 1.63% | 0.69 times |
| 18 Tue Apr 2017 | 282.10 | 280.85 to 297.35 | -2.13% | 0.8 times |
| 17 Mon Apr 2017 | 288.25 | 286.80 to 294.80 | -2.42% | 0.46 times |
| 13 Thu Apr 2017 | 295.40 | 294.10 to 308.30 | -4.45% | 0.72 times |
| 12 Wed Apr 2017 | 309.15 | 307.05 to 313.05 | 1.61% | 1.85 times |
| 11 Tue Apr 2017 | 304.25 | 301.20 to 305.50 | 0.85% | 0.68 times |
| 10 Mon Apr 2017 | 301.70 | 296.90 to 303.20 | 0.89% | 0.36 times |
| 07 Fri Apr 2017 | 299.05 | 298.05 to 303.55 | -0.43% | 0.32 times |
Technical analysis forecast for Cairn India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cairn India Limited CAIRN at this time. Stock is falling and might fall more.
It appears as if Cairn India Limited CAIRN gave a large move recently.
Stock of Cairn India Limited (CAIRN) 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...
My analysis of Cairn India Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 283.5 as stoploss in an intra day buy trade for a target of 291.75. However, stock will show a bearish move below 283.5.