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Technicals for HDFC Asset Management Company Limited
By MusingTheNews
2025-10-17 20:37
Overall Technical outlook
Price Summary
HDFC Asset Management Company Limited's stock, on 2025-10-17 opened at 5803.5, climbed to a high of 5895.0, dropped to a low of 5703.0, and closed up -1.52% at 5715.5, with 482172 shares traded. During the 52-week span, the stock hit a high of 5892.0 and a low of 3628.3. As per recommendations from 26 analysts, HDFCAMC's future price is expected to span between 4750.0 and 7020.0, with a mean price around 5867.769.
Technicals
Support and Resistance: The current price of 5715.5 is supported at 5622.0, with resistance at 5892.0. This suggests that the price for HDFCAMC might remain between these levels, where 5622.0 acts as a floor and 5892.0 as a ceiling in the market. Support/Resistance for HDFCAMC
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 HDFCAMC, with no strong trend emerging. Aroon chart for HDFC Asset Management Company Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for HDFC Asset Management Company Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for HDFCAMC. Parabolic Stop and Reverse chart for HDFC Asset Management Company Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for HDFC Asset Management Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for HDFC Asset Management Company Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make 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.
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