The Alaska Summit on August 15, 2025, is anticipated to significantly influence...
Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-08-15 20:43
Overall Technical outlook
Price Summary
On 2025-08-14, KANSAINER's stock started at 238.4, reached a high of 239.18, fell to 235.0, and ended -1.24% down at 235.45, with 101774 shares traded. During the 52-week span, the stock hit a high of 316.2 and a low of 221.99. Based on recommendations from 17 analysts, the future price of KANSAINER is expected to range from 212.0 to 327.0, with an average price expectation around 276.88235.
Technicals
Support and Resistance: With the current price at 235.45, support is found at 232.59 and resistance at 241.63. These levels indicate where buyers might step in at 232.59, while sellers could limit gains at 241.63, defining a trading boundary for Kansai Nerolac Paints Limited. Support/Resistance for KANSAINER
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Kansai Nerolac Paints Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Kansai Nerolac Paints Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for KANSAINER. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The STOCHASTIC is in a neutral stance for KANSAINER, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The current alignment of the 20, 50, and 100 moving averages shows a bullish trend, but the slopes of the 20 and 50 SMAs are losing strength. This weakening momentum could indicate that a trend reversal is imminent, potentially leading to a bearish shift in price action. Investors should be cautious as the market's upward trend may soon come to an end. Tripple SMA chart for Kansai Nerolac Paints Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses how AI technologies are leveraging digital footprints to provide...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.