Overall Technical outlook

Price Summary

In today's trading session, HONASA's shares declined by -2.59%, marking a lacklustre day.
On 2025-04-25, Honasa Consumer Limited's stock opened at 238.0, reached 239.25, hit a low of 227.07, and rose -2.59% to close at 231.84, with 701003 shares traded.
Throughout the 52-week period, the stock hit a high of 541.75 and a low of 200.89.
The anticipated price is forecasted to be between 180.0 and 570.0, with an average price expectation of 294.0, based on input from 12 analysts.

Technicals

Support and Resistance: At 231.84, the price for HONASA is supported at 226.85 and resisted at 251.4. This indicates a trading range where 226.85 serves as a support level, potentially preventing further decline, while 251.4 could limit upward movement.
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Support/Resistance for HONASA


Aroon: The AROON 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.
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Aroon chart for Honasa Consumer Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for HONASA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Honasa Consumer Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Honasa Consumer Limited


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.
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Stochastic chart for Honasa Consumer Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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 HONASA, with no strong trend emerging.
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Tripple SMA chart for Honasa Consumer Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.