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Technicals for Jai Balaji Industries Limited
By MusingTheNews
2025-08-15 20:41
Overall Technical outlook
Price Summary
Jai Balaji Industries Limited had a awful day at the stock market, and its shares sank -7.4%. On 2025-08-14, JAIBALAJI's stock started at 109.49, reached a high of 109.49, fell to 100.26, and ended -7.4% down at 101.39, with 953897 shares traded. Over the previous 52 weeks, the stock reached a high of 231.91 and a low of 100.29.
Technicals
Support and Resistance: With the current price at 101.39, support is found at 100.29 and resistance at 110.34. These levels indicate where buyers might step in at 100.29, while sellers could limit gains at 110.34, defining a trading boundary for Jai Balaji Industries Limited. Support/Resistance for JAIBALAJI
Aroon: The Aroon indicator shows a continuation of the bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Jai Balaji Industries 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 Jai Balaji Industries Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Jai Balaji Industries Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for JAIBALAJI. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation. Stochastic chart for Jai Balaji Industries Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for JAIBALAJI, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for Jai Balaji Industries Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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