Overall Technical outlook

Price Summary

With a -2.11% dip, Minda Corporation Limited enjoyed a awful day in the stock market.
Minda Corporation Limited's stock started the year at 516.15, climbed to a high of 520.45, fell to 495.55, and closed -2.11% lower at 505.25, with 197680 shares traded on 2025-04-25.
The top price for the stock in the last 52 weeks is 632.3, with the bottom price being 403.1.
The price outlook for MINDACORP is between 580.0 and 664.0, with an average expectation of 638.5, as estimated by 4 analysts.

Technicals

Support and Resistance: With the current price at 505.25, support is found at 487.1 and resistance at 509.0. These levels indicate where buyers might step in at 487.1, while sellers could limit gains at 509.0, defining a trading boundary for Minda Corporation Limited.
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Support/Resistance for MINDACORP


Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Aroon chart for Minda Corporation Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Minda Corporation Limited


Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
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Parabolic Stop and Reverse chart for Minda Corporation Limited


Stochastic: The current state of the STOCHASTIC 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.
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Stochastic chart for Minda Corporation Limited


Tripple Moving Agerage: The current alignment of the 20, 50, and 100 moving averages suggests a bullish trend, but the slopes of the 20 and 50 SMAs are beginning to lose momentum. This decline in strength could indicate that the current uptrend is losing steam, with a potential bearish reversal in price action likely to occur soon as the market approaches a turning point.
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Tripple SMA chart for Minda Corporation 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.