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Technicals for Indigo Paints Limited
By MusingTheNews
2025-06-13 20:40
Overall Technical outlook
Price Summary
In today's trading session, INDIGOPNTS's shares soared by 2.2%, marking a robust day. On 2025-06-13, Indigo Paints Limited's stock opened at 1071.0, spiked to 1145.0, declined to 1071.0, and closed 2.2% higher at 1094.6, with 174509 shares traded. During the past 52 weeks, the highest stock price was 1683.0, and the lowest was 930.0. Analysts' predictions indicate that INDIGOPNTS's future price will be between 1000.0 and 1625.0, with a mean price expectation of approximately 1212.5.
Technicals
Support and Resistance: The price is currently at 1094.6, supported by 1060.55 and resisted by 1195.25. This indicates a range where 1060.55 may provide a base for the price, while 1195.25 serves as a cap on further upward movement for INDIGOPNTS. Support/Resistance for INDIGOPNTS
Aroon: The AROON 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. Aroon chart for Indigo Paints Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Indigo Paints Limited
Parabolic SAR: The PSAR has shifted from bullish to bearish in its latest move, potentially signaling a downward trend for INDIGOPNTS. This reversal could be a strong bearish indicator if it aligns with other trends. Investors should consider this development carefully and look for additional confirmation before acting. Parabolic Stop and Reverse chart for Indigo Paints Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Indigo Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Indigo Paints Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Indigo Paints 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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