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Technicals for The India Cements Limited
By MusingTheNews
2025-08-15 20:39
Overall Technical outlook
Price Summary
On 2025-08-14, The India Cements Limited's stock began at 371.95, peaked at 371.95, declined to 362.55, and ended the day -0.82% lower at 368.9, with 245810 shares traded. Over the past 52 weeks, the stock reached a maximum price of 380.45 and a minimum price of 246.65. 3 analysts forecast that the price of INDIACEM will range from 115.0 to 450.0, with an average expected price near 281.66666.
Technicals
Support and Resistance: The price for INDIACEM at 368.9 finds support at 348.75 and resistance at 369.1. This suggests a trading range, where 348.75 serves as a support level and 369.1 acts as a resistance point, potentially capping further gains. Support/Resistance for INDIACEM
Aroon: The current state of the AROON is neutral for INDIACEM, 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. Aroon chart for The India Cements Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for The India Cements Limited
Parabolic SAR: The PSAR has switched from bearish to bullish, hinting at a possible trend change. If this move is backed by other indicators, it could represent a very bullish signal. Traders should seek confirmation from other market trends to validate this potential reversal. Parabolic Stop and Reverse chart for The India Cements Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for The India Cements Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for The India Cements Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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