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Technicals for Balrampur Chini Mills Limited
By MusingTheNews
2025-10-17 20:25
Overall Technical outlook
Price Summary
2025-10-16, saw BALRAMCHIN's stock open at 470.0, hit a peak of 476.25, fall to a low of 464.5, and close down -0.49% at 467.7, with 244524 shares changing hands. The stock's highest price in the past 52 weeks is 659.55, while its lowest price during the same period is 429.25. Based on recommendations from 7 analysts, the future price of BALRAMCHIN is expected to range from 580.0 to 702.0, with an average price expectation around 656.1429.
Technicals
Support and Resistance: The current price of 467.7 is supported at 451.9, with resistance at 525.45. This suggests that the price for BALRAMCHIN might remain between these levels, where 451.9 acts as a floor and 525.45 as a ceiling in the market. Support/Resistance for BALRAMCHIN
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Balrampur Chini Mills 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. Bolinger Bands chart for Balrampur Chini Mills Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for BALRAMCHIN. Parabolic Stop and Reverse chart for Balrampur Chini Mills Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Balrampur Chini Mills Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Balrampur Chini Mills Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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