Is ABAN OFFSHORE in uptrend or downtrend?

In the short term price movements in ABAN share indicates the market has a decisive bearish trend.

What is ABAN OFFSHORE share price forecast for tomorrow?

In Aban Offshore Limited stock current resistance level is at 23 and support level is at 23. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are ABAN OFFSHORE support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Aban Offshore Limited in the short-term, the supply zone around 23 and 20. Hence, good chances of resistance around 20. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Aban Offshore Limited share is around 23 and 20. Hence, good chances for support around 20.

Why is ABAN OFFSHORE share price falling today?

Latest analysis on ABAN stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents bearishness. That's why ABAN stock is having a fall today.

ABAN OFFSHORE Share Price | Forecast Analysis

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