Overall Technical outlook

Price Summary

With a 2.57% climb, Sundram Fasteners Limited enjoyed a impressive day in the stock market.
On 2026-04-30, Sundram Fasteners Limited's stock opened at 825.0, peaked at 859.7, hit a low of 820.05, and closed 2.57% higher at 846.2, with 105896 shares changing hands.
The stock reached its highest price of 1070.3 and lowest price of 749.05 over the last 52 weeks.
The price projection is between 950.0 and 1190.0, with an average expected price around 1104.3334, according to 3 analysts.

Technicals

Support and Resistance: The current price of 846.2 for SUNDRMFAST is supported at 835.9 and faces resistance at 940.15. These levels indicate that 835.9 could act as a floor, while 940.15 might limit any further price increases.
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Support/Resistance for SUNDRMFAST


Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction.
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Aroon chart for Sundram Fasteners Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Bolinger Bands chart for Sundram Fasteners Limited


Parabolic SAR: The PSAR has recently reversed from bearish to bullish, suggesting a possible upward trend. If this move is confirmed by other indicators, it could indicate a strong bullish signal. Investors may want to consider this as a potential opportunity, especially if additional trends support the PSAR's new direction.
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Parabolic Stop and Reverse chart for Sundram Fasteners Limited


Stochastic: The STOCHASTIC is currently in a neutral position for Sundram Fasteners Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Stochastic chart for Sundram Fasteners Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Sundram Fasteners Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Tripple SMA chart for Sundram Fasteners Limited


The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.