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Technicals for Mahindra Holidays & Resorts India Limited
By MusingTheNews
2025-04-25 20:45
Overall Technical outlook
Price Summary
Mahindra Holidays & Resorts India Limited had a poor day at the stock market, and its shares declined -5.88%. On 2025-04-25, Mahindra Holidays & Resorts India Limited's stock opened at 319.1, reached a high of 319.75, dropped to a low of 298.3, and closed down -5.88% at 300.35, with a trading volume of 212711 shares. The stock's highest value over the last 52 weeks is 484.4, and the lowest value is 284.95.
Technicals
Support and Resistance: At 300.35, the price is supported at 287.3 and faces resistance at 308.95. This range suggests that the price for MHRIL might stay between these levels, with 287.3 acting as a floor and 308.95 as a ceiling. Support/Resistance for MHRIL
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Mahindra Holidays & Resorts India Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Mahindra Holidays & Resorts India Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Mahindra Holidays & Resorts India Limited
Parabolic SAR: The PSAR for MHRIL 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 Mahindra Holidays & Resorts India Limited
Stochastic: The K-line has slipped below the D-line on the stochastic indicator while staying above 80, suggesting the onset of a bearish price move. This pattern may indicate that the market's upward momentum is starting to fade, which could lead to a reversal. Investors should be mindful of this possible shift for MHRIL. Stochastic chart for Mahindra Holidays & Resorts India Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend. Tripple SMA chart for Mahindra Holidays & Resorts India Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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