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Technicals for Vedant Fashions Limited
By MusingTheNews
2025-04-25 21:00
Overall Technical outlook
Price Summary
2025-04-25, saw MANYAVAR's stock open at 804.4, hit a peak of 806.65, fall to a low of 770.0, and close down -1.35% at 793.55, with 174418 shares changing hands. The highest price the stock achieved in the past 52 weeks is 1434.2, while the lowest price it saw is 751.2. The projected price range for Vedant Fashions Limited is between 800.0 and 1332.0, with an expected mean price of 950.6667, according to 9 analysts.
Technicals
Support and Resistance: The current price of 793.55 for MANYAVAR is supported at 751.2 and faces resistance at 798.2. These levels indicate that 751.2 could act as a floor, while 798.2 might limit any further price increases. Support/Resistance for MANYAVAR
Aroon: The AROON is currently in a neutral position for Vedant Fashions Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Vedant Fashions Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Vedant Fashions Limited
Parabolic SAR: The PSAR for MANYAVAR maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Vedant Fashions Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Vedant Fashions Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Vedant Fashions Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Vedant Fashions Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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