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Technicals for Manappuram Finance Limited
By MusingTheNews
2025-10-17 20:46
Overall Technical outlook
Price Summary
On 2025-10-17, Manappuram Finance Limited's shares started at 288.05, peaked at 291.5, bottomed out at 283.1, and ended -1.48% lower at 283.8, with 3085152 shares traded. In the 52-week period, the stock's peak price is 296.1, and the lowest price recorded is 139.5. According to 13 analysts, the price of MANAPPURAM in the future is projected to be between 185.0 and 300.0, with an average expected price of 248.07692.
Technicals
Support and Resistance: The current price sits at 283.8, supported at 278.81 and capped by resistance at 288.0. These levels define a range for MANAPPURAM where the price might stabilize, with 278.81 as a floor and 288.0 as a ceiling. Support/Resistance for MANAPPURAM
Aroon: The AROON 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. Aroon chart for Manappuram Finance Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for MANAPPURAM. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Manappuram Finance Limited
Parabolic SAR: The PSAR has recently shifted from bullish to bearish, signaling a potential downward trend. If this move is confirmed by other indicators, it could be a strong bearish signal. Investors should watch for further confirmation before considering this as an indicator of a broader market decline. Parabolic Stop and Reverse chart for Manappuram Finance Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Manappuram Finance Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Manappuram Finance Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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