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Technicals for IDBI Bank Limited
By MusingTheNews
2025-04-25 20:38
Overall Technical outlook
Price Summary
IDBI Bank Limited had a unimpressive day at the stock market, and its shares slid -3.91%. On 2025-04-25, IDBI Bank Limited's stock opened at 83.7, reached 83.95, hit a low of 80.05, and rose -3.91% to close at 80.43, with 7022016 shares traded. Over the course of 52 weeks, the stock peaked at 104.22 and hit a low of 66.24.
Technicals
Support and Resistance: At 80.43, the price is held up by support at 80.31 and faces resistance at 83.73 for IDBI. This suggests a trading range where 80.31 provides a base and 83.73 limits upward movement. Support/Resistance for IDBI
Aroon: The current reading of the AROON 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. Aroon chart for IDBI Bank Limited
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 IDBI Bank Limited
Parabolic SAR: The PSAR for IDBI maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for IDBI Bank Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for IDBI Bank Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for IDBI, 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 IDBI Bank 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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