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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-10-17 20:43
Overall Technical outlook
Price Summary
Kansai Nerolac Paints Limited's stock rose 3.02% today, marking a robust performance in the market. On 2025-10-17, KANSAINER's stock opened at 245.84, reached a peak of 256.89, dropped to 245.25, and ended 3.02% higher at 253.26, with a volume of 1722217 shares. The highest price the stock achieved in the past 52 weeks is 287.05, while the lowest price it saw is 221.99. As per recommendations from 17 analysts, KANSAINER's future price is expected to span between 212.0 and 325.0, with a mean price around 275.29413.
Technicals
Support and Resistance: The current price for KANSAINER is 253.26, supported at 248.3 with resistance at 253.85. This indicates a trading range where 248.3 might prevent further declines, while 253.85 could hinder additional gains. Support/Resistance for KANSAINER
Aroon: AROON is pointing to a bullish trend, with the Aroon Up rising and the Aroon Oscillator staying high. This combination suggests that the price trend is likely to continue upward. The steady high reading of the Aroon Oscillator indicates strong bullish momentum, signaling that the market is likely to sustain its upward trajectory. Aroon chart for Kansai Nerolac Paints Limited
Bol. Bands: The latest price action has resulted in a bullish move, with the current price crossing above the upper Bollinger Band. This breakout indicates strong buying momentum, pushing prices beyond their typical range. Such a move is often viewed as a sign of strengthening market conditions, potentially leading to further gains. Traders may see this as a positive development, indicating continued upward momentum for KANSAINER. Bolinger Bands chart for Kansai Nerolac Paints Limited
Parabolic SAR: The PSAR has just reversed direction from bearish to bullish, suggesting a possible trend change. If this shift is supported by other indicators, it could indicate a strong bullish trend. Investors should monitor this development closely, seeking confirmation from other market signals before acting. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Kansai Nerolac Paints Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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