​Dodla Dairy among 6 stocks entering strong trend zone, shows Average Directional Index (ADX) scan

This ADX or Average Directional Index is a trend indicator that measures both the intensity as well as the momentum of the stock. Following the trend, helps to minimize losses and also increases the scope of potential gains. The indicator’s calculations are based on a moving average of price range expansion over a time period.

ADX value Trend strength0-25 Absent or weak strength25-50 Strong trend50-75 Very strong trend75-100 Extremely strong trend

​ADX as on June 28: 40.74| Previous ADX: 39.04| Close as on June 28: : Rs 589.85| % change: 1.2

ADX as on June 28: 40.06| Previous ADX: 38.64| Close as on June 28: : Rs 176.05| % change: 2.6%

ADX as on June 28: 40.47| Previous ADX: 39.32| Close as on June 28: : Rs 488.8| % change: 0.1%

ADX as on June 28: 40.19| Previous ADX: 39.46| Close as on June 28: : Rs 32.15| % change: 4.9%

ADX as on June 28: 40.11| Previous ADX: 39.41| Close as on June 28: : Rs 782.6| % change: 0.2%

ADX as on June 28: 40.09| Previous ADX: 39.78| Close as on June 28: : Rs 572.1| % change: -0.6%