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Technicals for Honasa Consumer Limited
By MusingTheNews
2026-01-30 20:38
Overall Technical outlook
Price Summary
Honasa Consumer Limited's stock jumped 4.01% today, reflecting an stellarnding market day. On 2026-01-30, Honasa Consumer Limited's stock began at 265.7, peaked at 278.05, bottomed at 263.0, and closed 4.01% higher at 276.35, with a volume of 323437 shares. During the past 52 weeks, the highest stock price was 329.25, and the lowest was 200.89. As per recommendations from 13 analysts, HONASA's future price is expected to span between 242.0 and 450.0, with a mean price around 328.76923.
Technicals
Support and Resistance: The price sits at 276.35, supported by 266.35 and resisted by 284.35. This indicates a trading range where 266.35 provides a floor, preventing declines, and 284.35 acts as a ceiling, limiting further price increases for HONASA. Support/Resistance for HONASA
Aroon: The AROON 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. Aroon chart for Honasa Consumer 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 Honasa Consumer Limited
Parabolic SAR: The PSAR for HONASA continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Honasa Consumer Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Honasa Consumer Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Honasa Consumer 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.
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