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Technicals for BEML Limited
By MusingTheNews
2025-10-17 20:24
Overall Technical outlook
Price Summary
On 2025-10-16, BEML Limited's shares started at 4481.5, peaked at 4535.0, bottomed out at 4409.6, and ended -1.24% lower at 4425.8, with 280289 shares traded. The stock reached its highest price of 4788.7 and lowest price of 2414.4 over the last 52 weeks.
Technicals
Support and Resistance: The current price of 4425.8 for BEML is supported at 4302.7 and faces resistance at 4453.1. These levels indicate that 4302.7 could act as a floor, while 4453.1 might limit any further price increases. Support/Resistance for BEML
Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction. Aroon chart for BEML Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for BEML. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for BEML Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for BEML Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for BEML. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for BEML Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for BEML, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for BEML 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.
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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