The impact of the early monsoon rains in June 2025 on rural...
Technicals for Chemplast Sanmar Limited
By MusingTheNews
2025-06-13 20:29
Overall Technical outlook
Price Summary
Chemplast Sanmar Limited's stock started trading at 439.0 on 2025-06-12, climbed to 443.7, fell to 432.0, and closed -0.4% down at 437.25, with 94578 shares traded. The stock's highest value over the last 52 weeks is 621.5, and the lowest value is 387.7. As per recommendations from 4 analysts, CHEMPLASTS's future price is expected to span between 455.0 and 568.0, with a mean price around 515.75.
Technicals
Support and Resistance: The current price sits at 437.25, supported at 410.4 and capped by resistance at 446.15. These levels define a range for CHEMPLASTS where the price might stabilize, with 410.4 as a floor and 446.15 as a ceiling. Support/Resistance for CHEMPLASTS
Aroon: The AROON indicator is pointing to a robust bullish trend, as the Aroon Up has risen and the Aroon Oscillator has reversed. These movements suggest a reversal to an upward trend, indicating increased market optimism. Investors might anticipate further upward momentum, as the AROON's signals are typically reliable indicators of sustained bullish activity. Aroon chart for Chemplast Sanmar 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 Chemplast Sanmar Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for CHEMPLASTS. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Chemplast Sanmar Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Chemplast Sanmar Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Chemplast Sanmar Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Chemplast Sanmar Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.