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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-04-25 20:43
Overall Technical outlook
Price Summary
On 2025-04-25, KANSAINER's stock opened at 265.0, reached a peak of 267.3, dropped to 257.41, and ended -1.05% lower at 262.21, with a volume of 239604 shares. Over the past year, the stock's highest price was 316.2, and its lowest was 221.99. According to 17 analysts, the future price is anticipated to vary between 221.0 and 345.0, with an average expected price of around 284.58823.
Technicals
Support and Resistance: The price for KANSAINER is 262.21, with support at 259.25 and resistance at 269.95. This suggests a range where 259.25 acts as a base, preventing declines, and 269.95 caps gains, defining key trading levels. Support/Resistance for KANSAINER
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 Kansai Nerolac Paints Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for KANSAINER, 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. Bolinger Bands chart for Kansai Nerolac Paints Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for KANSAINER. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Kansai Nerolac Paints Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's 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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