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Technicals for BEML Limited
By MusingTheNews
2025-04-25 20:24
Overall Technical outlook
Price Summary
BEML Limited's stock declined -4.04% today, marking a mediocre performance in the market. On 2025-04-25, BEML's stock started at 3178.4, reached a high of 3186.9, fell to 3014.9, and ended -4.04% down at 3049.9, with 375092 shares traded. The stock's peak price over the last 52 weeks is 5202.3, with the lowest being 2414.4.
Technicals
Support and Resistance: The price of 3049.9 is supported at 2897.95 and faces resistance at 3116.5. This range suggests key levels for BEML where the price may stabilize, with 2897.95 acting as a support and 3116.5 as a cap on gains. Support/Resistance for BEML
Aroon: The current state of the AROON 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. Aroon chart for BEML Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BEML, with no strong trend emerging. Bolinger Bands chart for BEML Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for BEML Limited
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for BEML, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength. Stochastic chart for BEML Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for BEML Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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