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Technicals for IDBI Bank Limited
By MusingTheNews
2025-08-15 20:38
Overall Technical outlook
Price Summary
On 2025-08-14, IDBI Bank Limited's stock opened at 87.87, peaked at 88.55, hit a low of 87.08, and closed -0.59% lower at 87.35, with 2284760 shares changing hands. The stock's highest price in the past 52 weeks is 104.85, while its lowest price during the same period is 66.24.
Technicals
Support and Resistance: The price for IDBI is 87.35, with support at 85.39 and resistance at 91.27. This suggests a range where 85.39 acts as a base, preventing declines, and 91.27 caps gains, defining key trading levels. Support/Resistance for IDBI
Aroon: The current state of the AROON 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. Aroon chart for IDBI Bank Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for IDBI. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for IDBI Bank Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for IDBI Bank Limited
Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation. Stochastic chart for IDBI Bank Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for IDBI Bank 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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