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Technicals for Asahi India Glass Limited
By MusingTheNews
2025-08-15 20:23
Overall Technical outlook
Price Summary
2025-08-13, saw ASAHIINDIA's stock open at 821.95, hit a peak of 828.0, fall to a low of 812.15, and close lower -0.02% at 821.8, with 83823 shares changing hands. Over the course of 52 weeks, the stock peaked at 873.05 and hit a low of 579.35.
Technicals
Support and Resistance: The price of 821.8 is supported at 743.65 and encounters resistance at 847.85. This suggests key levels where the price might find stability, with 743.65 providing a base and 847.85 acting as an upper boundary for ASAHIINDIA. Support/Resistance for ASAHIINDIA
Aroon: The current reading of the AROON 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. Aroon chart for Asahi India Glass Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Asahi India Glass Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Asahi India Glass Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Asahi India Glass Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Asahi India Glass Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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