Disa India Limited Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Disa India Limited stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Jun 26, 2024)
The Disa India Limited stock price fell by -0.205% on the last day (Wednesday, 26th Jun 2024) from ₹15,740.20 to ₹15,708.00. During the last trading day the stock fluctuated 1.19% from a day low at ₹15,708.00 to a day high of ₹15,894.60. The price has been going up and down for this period, and there has been a 3.01% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 shares and in total, 27 shares were bought and sold for approximately ₹424.12 thousand.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 18.73% during the next 3 months and, with a 90% probability hold a price between ₹18,008.72 and ₹20,986.09 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
DISAQ.BO Signals & Forecast
The Disa India Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ₹15,818.06. On a fall, the stock will find some support from the long-term average at approximately ₹15,313.53. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 24, 2024, and so far it has fallen -5.48%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Tuesday, November 28, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, November 28, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Disa India Limited stock
Disa India Limited finds support from accumulated volume at ₹15,249.55 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved ₹186.60 between high and low, or 1.19%. For the last week the stock has had daily average volatility of 1.92%.
Our recommended stop-loss: ₹14,803.22 (-5.76%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 65 days ago.)
Trading Expectations (DISAQ.BO) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Disa India Limited to open at ₹15,770.20, and during the day (based on 14 day Average True Range), to move between ₹15,180.19 and ₹16,235.81, which gives a possible trading interval of +/-₹527.81 (+/-3.36%) up or down from last closing price. If Disa India Limited takes out the full calculated possible swing range there will be an estimated 6.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₹16,021.80 (2.00%) than the support at ₹15,249.55 (2.92%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Disa India Limited stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Disa India Limited stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.391 Buy Candidate Upgraded
Predicted Opening Price for Disa India Limited of Thursday, June 27, 2024
Fair opening price June 27, 2024 | Current price |
---|---|
₹15,770.20 ( 0.396%) | ₹15,708.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DISAQ.BO
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 15,956.80 | 1.58% |
R2 | 15,885.52 | 1.13% |
R1 | 15,841.48 | 0.85% |
Price | 15,708.00 | |
S1 | 15,698.92 | -0.0578% |
S2 | 15,654.88 | -0.338% |
S3 | 15,583.60 | -0.792% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 16,618.55 | 5.80% |
R2 | 16,130.65 | 2.69% |
R1 | 16,021.80 | 2.00% |
Price | 15,708.00 | |
S1 | 15,249.55 | -2.92% |
S2 | 14,059.90 | -10.49% |
S3 | 13,873.20 | -11.68% |
DISAQ Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 01, 2024 | Aug 01, 2024 | Sep 06, 2024 | ₹100.00 | 0.637% |
2 | Feb 16, 2024 | Feb 16, 2024 | Mar 06, 2024 | ₹100.00 | 0.709% |
3 | Aug 03, 2023 | Aug 03, 2023 | Sep 08, 2023 | ₹10.00 | 0.0668% |
4 | Feb 21, 2023 | Feb 21, 2023 | Mar 10, 2023 | ₹100.00 | 1.23% |
5 | Aug 03, 2022 | Aug 03, 2022 | Sep 11, 2022 | ₹10.00 | 0.122% |
FAQ
Click here for our free guide on how to buy Disa India Limited Stock.