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Technicals for Minda Corporation Limited
By MusingTheNews
2025-06-13 20:47
Overall Technical outlook
Price Summary
On 2025-06-13, MINDACORP's stock opened at 541.0, reached a peak of 549.9, dropped to 539.35, and ended 1.13% higher at 547.1, with a volume of 115500 shares. In the 52-week period, the stock's peak price is 632.3, and the lowest price recorded is 456.65. MINDACORP's future price is expected to lie between 580.0 and 664.0, with an average expectation of 638.5, as per the recommendations of 4 analysts.
Technicals
Support and Resistance: The price sits at 547.1, supported by 544.15 and resisted by 570.4. This indicates a trading range where 544.15 provides a floor, preventing declines, and 570.4 acts as a ceiling, limiting further price increases for MINDACORP. Support/Resistance for MINDACORP
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Minda Corporation Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for MINDACORP, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Minda Corporation Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Minda Corporation Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Minda Corporation Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Minda Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Minda Corporation Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Minda Corporation Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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