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Technicals for General Insurance Corporation of India
By MusingTheNews
2025-08-15 20:34
Overall Technical outlook
Price Summary
GICRE's shares experienced a significant -2.23% slide, indicating a poor market performance. On 2025-08-14, General Insurance Corporation of India's stock began at 395.05, climbed to 396.05, dropped to 385.0, and had -2.23% to end at 386.25, with a volume of 621004 shares. Over the past 52 weeks, the stock reached a maximum price of 501.0 and a minimum price of 348.7. According to 5 analysts, the future price is anticipated to vary between 197.0 and 570.0, with an average expected price of around 398.4.
Technicals
Support and Resistance: The price of 386.25 is supported at 377.95 and capped by resistance at 394.4. These levels mark key points for General Insurance Corporation of India where the price could find stability, with 377.95 as a floor and 394.4 as a ceiling. Support/Resistance for GICRE
Aroon: The AROON 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 GICRE, with no strong trend emerging. Aroon chart for General Insurance Corporation of India
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for General Insurance Corporation of India
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 General Insurance Corporation of India
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for General Insurance Corporation of India
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for GICRE, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for General Insurance Corporation of India
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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