Overall Technical outlook

Price Summary

Balrampur Chini Mills Limited's stock tumbled -4.83% today, marking a lacklustre performance in the market.
On 2025-04-25, Balrampur Chini Mills Limited's shares started at 601.0, peaked at 605.25, bottomed out at 568.1, and ended -4.83% lower at 571.95, with 530903 shares traded.
In the past year, the highest stock price was 680.55, and the lowest was 364.1.
7 analysts estimate that the future price of BALRAMCHIN will fall between 575.0 and 715.0, with an average price expectation of approximately 661.4286.

Technicals

Support and Resistance: The price sits at 571.95, supported by 515.6 and resisted by 575.85. This indicates a trading range where 515.6 provides a floor, preventing declines, and 575.85 acts as a ceiling, limiting further price increases for BALRAMCHIN.
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Support/Resistance for BALRAMCHIN


Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation.
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Aroon chart for Balrampur Chini Mills Limited


Bol. Bands: The price crossing under the upper Bollinger Band indicates a possible downward movement. This signal may suggest that the asset is losing bullish momentum and is overbought, leading to a potential correction. Traders often view this as a warning of an impending reversal, making it a critical time to consider potential adjustments to trading positions.
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Bolinger Bands chart for Balrampur Chini Mills Limited


Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for BALRAMCHIN.
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Parabolic Stop and Reverse chart for Balrampur Chini Mills Limited


Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction.
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Stochastic chart for Balrampur Chini Mills Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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.
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Tripple SMA chart for Balrampur Chini Mills Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.