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Technicals for Maharashtra Seamless Limited
By MusingTheNews
2026-02-03 20:46
Overall Technical outlook
Price Summary
Maharashtra Seamless Limited's shares skyrocketed 2.34% today, reflecting a phenomenal day on the market. On 2026-02-02, Maharashtra Seamless Limited's stock began at 504.1, peaked at 521.8, declined to 503.65, and ended the day 2.34% higher at 515.9, with 127813 shares traded. During the 52-week span, the stock hit a high of 762.9 and a low of 506.45.
Technicals
Support and Resistance: The price of 515.9 is supported at 517.55 and capped by resistance at 517.55. These levels mark key points for Maharashtra Seamless Limited where the price could find stability, with 517.55 as a floor and 517.55 as a ceiling. Support/Resistance for MAHSEAMLES
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for MAHSEAMLES, with no strong trend emerging. Aroon chart for Maharashtra Seamless Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Maharashtra Seamless Limited
Parabolic SAR: The PSAR for MAHSEAMLES maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Maharashtra Seamless Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Maharashtra Seamless Limited
Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction. Tripple SMA chart for Maharashtra Seamless Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments 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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