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Technicals for Mahindra Holidays & Resorts India Limited
By MusingTheNews
2025-06-13 20:45
Overall Technical outlook
Price Summary
MHRIL's shares experienced a significant 2.75% climb, indicating a impressive market performance. On 2025-06-13, Mahindra Holidays & Resorts India Limited's stock opened at 336.0, reached 347.0, hit a low of 336.0, and rose 2.75% to close at 345.25, with 69229 shares traded. In the 52-week period, the stock's peak price is 484.4, and the lowest price recorded is 284.95.
Technicals
Support and Resistance: The price for MHRIL at 345.25 finds support at 339.45 and resistance at 357.6. This suggests a trading range, where 339.45 serves as a support level and 357.6 acts as a resistance point, potentially capping further gains. Support/Resistance for MHRIL
Aroon: Aroon's bearish trend continues, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with other indicators is needed to fully assess the trend's implications. Aroon chart for Mahindra Holidays & Resorts India Limited
Bol. Bands: The price is currently below the lower Bollinger Band and has stayed there since the previous move, suggesting a strong bearish trend. This sustained position below the band may indicate that the market is oversold, with continued downward pressure dominating the trading environment. The ongoing bearish momentum could signal further declines unless a reversal takes place, making this a key point for traders to monitor. Bolinger Bands chart for Mahindra Holidays & Resorts India Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Mahindra Holidays & Resorts India Limited
Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, the market shows signs of a mildly bearish trend. This configuration hints at potential weakness, but the bearish sentiment is relatively weak. Traders should stay alert for any further signs of a downturn. Stochastic chart for Mahindra Holidays & Resorts India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Mahindra Holidays & Resorts India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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