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Technicals for The India Cements Limited
By MusingTheNews
2025-06-13 20:39
Overall Technical outlook
Price Summary
The India Cements Limited's stock began trading at 327.5 on 2025-06-13, soared to 333.9, dipped to 321.2, and finished the day 1.68% higher at 333.0, with 187937 shares exchanged. In the past year, the highest stock price was 380.45, and the lowest was 218.6. 3 analysts forecast that the price of INDIACEM will range from 115.0 to 400.0, with an average expected price near 251.66667.
Technicals
Support and Resistance: The price of 333.0 is supported at 315.15 and encounters resistance at 336.2. This suggests key levels where the price might find stability, with 315.15 providing a base and 336.2 acting as an upper boundary for INDIACEM. Support/Resistance for INDIACEM
Aroon: The current reading of the AROON 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. Aroon chart for The India Cements Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for The India Cements Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for The India Cements Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for The India Cements Limited
Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned in a bearish trend, reflecting ongoing downward pressure. However, the slower SMAs are beginning to lose steam, suggesting that the bearish momentum might be fading. This could indicate a potential pivot towards a bullish direction in the near future, as the market appears to be preparing for a reversal from its current trend. Tripple SMA chart for The India Cements Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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