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Technicals for The India Cements Limited
By MusingTheNews
2025-04-25 20:39
Overall Technical outlook
Price Summary
On 2025-04-25, INDIACEM's stock opened at 292.5, reached a peak of 292.7, dropped to 283.9, and ended -1.61% lower at 287.8, with a volume of 1205774 shares. The stock's peak price over the last 52 weeks is 380.45, with the lowest being 184.7. The future price of INDIACEM is anticipated to range from 115.0 to 380.0, with an expected mean price of 268.33334, according to the recommendations of 3 analysts.
Technicals
Support and Resistance: The price for INDIACEM at 287.8 finds support at 279.8 and resistance at 363.9. This suggests a trading range, where 279.8 serves as a support level and 363.9 acts as a resistance point, potentially capping further gains. Support/Resistance for INDIACEM
Aroon: The AROON is in a neutral stance for INDIACEM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for The India Cements Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for The India Cements Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for INDIACEM. Parabolic Stop and Reverse chart for The India Cements Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for The India Cements Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for The India Cements Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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