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Technicals for Balrampur Chini Mills Limited
By MusingTheNews
2025-12-15 20:25
Overall Technical outlook
Price Summary
On 2025-12-15, BALRAMCHIN's stock started at 438.65, reached a high of 448.95, fell to 436.15, and ended 1.91% up at 447.05, with 274476 shares traded. Over the course of 52 weeks, the stock peaked at 622.8 and hit a low of 416.35. The anticipated price is forecasted to be between 585.0 and 704.0, with an average price expectation of 629.7143, based on input from 7 analysts.
Technicals
Support and Resistance: The price for BALRAMCHIN at 447.05 finds support at 432.55 and resistance at 451.9. This suggests a trading range, where 432.55 serves as a support level and 451.9 acts as a resistance point, potentially capping further gains. Support/Resistance for BALRAMCHIN
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Balrampur Chini Mills Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Balrampur Chini Mills Limited
Parabolic SAR: The PSAR for BALRAMCHIN has recently shifted from a bearish to a bullish direction, indicating a potential trend reversal. When combined with other indicators, this change could signal a strong bullish trend, provided it is supported by a broader market trend. Investors should consider this a positive development, especially if other indicators align with this shift. Parabolic Stop and Reverse chart for Balrampur Chini Mills Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Balrampur Chini Mills Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for BALRAMCHIN, raising the possibility of a change in direction. Tripple SMA chart for Balrampur Chini Mills 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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