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Technicals for Jai Balaji Industries Limited
By MusingTheNews
2025-10-17 20:42
Overall Technical outlook
Price Summary
With a -2.52% plunge, Jai Balaji Industries Limited enjoyed a awful day in the stock market. On 2025-10-17, Jai Balaji Industries Limited's stock began at 96.1, climbed to 96.52, dropped to 93.5, and had -2.52% to end at 93.68, with a volume of 890477 shares. For the 52-week period, the stock's highest price is 221.12, and the lowest price is 93.68.
Technicals
Support and Resistance: The price for JAIBALAJI is 93.68, with support at 93.98 and resistance at 93.98. This suggests a range where 93.98 acts as a base, preventing declines, and 93.98 caps gains, defining key trading levels. Support/Resistance for JAIBALAJI
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 Jai Balaji Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Jai Balaji Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Jai Balaji Industries Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for JAIBALAJI. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Jai Balaji Industries Limited
Stochastic: The current reading of the STOCHASTIC is neutral for JAIBALAJI, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Jai Balaji Industries Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for JAIBALAJI, raising the possibility of a change in direction. Tripple SMA chart for Jai Balaji Industries Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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