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Technicals for Asahi India Glass Limited
By MusingTheNews
2025-04-25 20:23
Overall Technical outlook
Price Summary
Asahi India Glass Limited's stock started trading at 708.6 on 2025-04-25, climbed to 714.9, fell to 687.8, and closed -0.54% lower at 704.75, with 389978 shares traded. Over the previous 52 weeks, the stock reached a high of 820.65 and a low of 575.35.
Technicals
Support and Resistance: The current price is 704.75, with support at 681.85 and resistance at 714.0. This range suggests that the price might move between these levels, with 681.85 offering support and 714.0 capping further gains for Asahi India Glass Limited. Support/Resistance for ASAHIINDIA
Aroon: The AROON is in a neutral stance for ASAHIINDIA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Asahi India Glass Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. 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 currently in a neutral position for Asahi India Glass 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. Stochastic chart for Asahi India Glass Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Asahi India Glass 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. Tripple SMA chart for Asahi India Glass 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.
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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