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Technicals for Manappuram Finance Limited
By MusingTheNews
2025-06-13 20:46
Overall Technical outlook
Price Summary
The stock of Manappuram Finance Limited experienced a 5.49% jump, showcasing a impressive market performance. On 2025-06-13, MANAPPURAM's stock opened at 265.0, reached a peak of 280.8, dropped to 263.0, and ended 5.49% up at 279.54, with a volume of 12986412 shares. For the 52-week period, the stock's highest price is 279.54, and the lowest price is 139.5. Analysts predict that the future price will fluctuate between 160.0 and 270.0, with the mean expected price being approximately 226.23077.
Technicals
Aroon: Aroon's bullish trend persists, with Aroon Up staying at the 100 level. This indicates strong market momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future direction. Aroon chart for Manappuram Finance Limited
Bol. Bands: The current price for MANAPPURAM has moved above the upper Bollinger Band in its latest advance, marking a bullish signal. This upward break suggests that the market is experiencing strong buying interest, pushing prices higher than expected. Such a move is often seen as an indicator of increasing momentum, potentially leading to further gains. Bolinger Bands chart for Manappuram Finance Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Manappuram Finance Limited
Stochastic: The stochastic indicator reflects bullish conditions for MANAPPURAM, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for Manappuram Finance Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for Manappuram Finance 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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