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Technicals for Birla Corporation Limited
By MusingTheNews
2025-06-13 20:26
Overall Technical outlook
Price Summary
On 2025-06-12, Birla Corporation Limited's stock opened at 1380.0, peaked at 1405.9, hit a low of 1352.6, and closed -1.13% lower at 1364.4, with 53891 shares changing hands. For the 52-week period, the stock's highest price is 1615.15, and the lowest price is 934.25. The future price of BIRLACORPN is anticipated to range from 1450.0 to 1620.0, with an expected mean price of 1567.6666, according to the recommendations of 12 analysts.
Technicals
Support and Resistance: The price of 1364.4 is supported at 1244.75 and encounters resistance at 1407.5. This suggests key levels where the price might find stability, with 1244.75 providing a base and 1407.5 acting as an upper boundary for BIRLACORPN. Support/Resistance for BIRLACORPN
Aroon: The current reading of the AROON is neutral for BIRLACORPN, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Birla Corporation Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for BIRLACORPN. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Birla Corporation Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for BIRLACORPN. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Birla Corporation Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for BIRLACORPN. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Birla Corporation Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Birla Corporation Limited. Tripple SMA chart for Birla Corporation Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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