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Technicals for Indigo Paints Limited
By MusingTheNews
2025-08-15 20:39
Overall Technical outlook
Price Summary
On 2025-08-14, Indigo Paints Limited's stock began at 1095.1, peaked at 1116.9, bottomed at 1093.8, and closed 1.1% higher at 1107.2, with a volume of 25212 shares. The stock reached its highest price of 1683.0 and lowest price of 930.0 over the last 52 weeks. The anticipated price is forecasted to be between 1000.0 and 1625.0, with an average price expectation of 1237.5, based on input from 8 analysts.
Technicals
Support and Resistance: With the current price at 1107.2, support is found at 1101.2 and resistance at 1142.4. These levels indicate where buyers might step in at 1101.2, while sellers could limit gains at 1142.4, defining a trading boundary for Indigo Paints Limited. Support/Resistance for INDIGOPNTS
Aroon: The AROON 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. Aroon chart for Indigo Paints Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Indigo Paints Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Indigo Paints Limited. Parabolic Stop and Reverse chart for Indigo Paints Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Indigo Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Indigo Paints Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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