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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-06-13 20:43
Overall Technical outlook
Price Summary
On 2025-06-13, Kansai Nerolac Paints Limited's stock began at 244.55, peaked at 246.0, bottomed at 241.0, and closed -0.86% lower at 242.45, with a volume of 300947 shares. During the 52-week span, the stock hit a high of 316.2 and a low of 221.99. 17 analysts suggest that KANSAINER's future price will lie between 221.0 and 340.0, with an average expected price of roughly 278.2353.
Technicals
Support and Resistance: The current price of 242.45 for KANSAINER finds support at 231.55 and resistance at 243.0. These levels define a range in which the price might oscillate, with 231.55 as a potential support and 243.0 as a resistance level. Support/Resistance for KANSAINER
Aroon: The continuation of Aroon's bearish trend, with Aroon Down at the 100 level, indicates sustained bearish pressure. However, this trend should be analyzed further alongside other indicators to better understand its long-term implications. Aroon chart for Kansai Nerolac Paints Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Kansai Nerolac Paints Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for KANSAINER. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Kansai Nerolac Paints Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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