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Technicals for Asahi India Glass Limited
By MusingTheNews
2025-06-13 20:23
Overall Technical outlook
Price Summary
Asahi India Glass Limited's stock began trading at 761.45 on 2025-06-12, soared to 770.85, dipped to 740.1, and finished the day -1.64% down at 748.95, with 139609 shares exchanged. In the last 52 weeks, the stock's top price was 820.65 and the bottom price was 579.35.
Technicals
Support and Resistance: The price sits at 748.95, supported by 714.0 and resisted by 757.0. This indicates a trading range where 714.0 provides a floor, preventing declines, and 757.0 acts as a ceiling, limiting further price increases for ASAHIINDIA. Support/Resistance for ASAHIINDIA
Aroon: The AROON 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. Aroon chart for Asahi India Glass Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Asahi India Glass Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Asahi India Glass Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Asahi India Glass Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Asahi India Glass Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Asahi India Glass Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Asahi India Glass Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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