The impact of the early monsoon rains in June 2025 on rural...
Technicals for Devyani International Limited
By MusingTheNews
2025-06-13 20:31
Overall Technical outlook
Price Summary
Devyani International Limited's stock dived -2.91% today, marking a lousy performance in the market. On 2025-06-12, Devyani International Limited's stock opened at 173.3, reached 173.3, hit a low of 167.31, and rose -2.91% to close at 168.25, with 793403 shares traded. The stock's highest price in the past 52 weeks is 221.58, while its lowest price during the same period is 140.5. DEVYANI's future price is expected to lie between 139.0 and 226.0, with an average expectation of 188.56, as per the recommendations of 25 analysts.
Technicals
Support and Resistance: At 168.25, the price for DEVYANI is supported at 165.33 and resisted at 174.04. This indicates a trading range where 165.33 serves as a support level, potentially preventing further decline, while 174.04 could limit upward movement. Support/Resistance for DEVYANI
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Devyani International Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Devyani International Limited
Parabolic SAR: The PSAR maintains a bearish outlook for DEVYANI, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Devyani International Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Devyani International Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Devyani International Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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.