Posted On: September 29, 2023

Stock Report: SHAREINDIA(NSE) 28 Sep 2023

Outlook: Bearish

Sector: Financial Services

Industry: Capital Markets

Share India Securities Ltd is a stockbroking firm in India. The company provides equity trading, derivatives, commodity and currency trading options as well as depository services. Its operating segments include Share Broking/Trading; Insurance; Merchant Banking; NBFC and Technology Services. The company generates maximum revenue from Share Broking/Trading segment.

#xCalData predicts that # SHAREINDIA will continue its bearish phase over the next five days and trend within the range of 1265 to 1361. 

In comparison to the previous month, the price of the stock has experienced a decline of 0.35% indicating a bearish. 

The Stock has doubled thrice since 03 Nov 2020 and took an average of 0.4 years to double.

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given positive returns in all previous years. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely MACD indicate Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

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