Overall Technical outlook

Price Summary

Nippon Life India Asset Management Limited's stock saw a -7.93% plunge, showcasing an unimpressive market day.
On 2026-02-03, NAM-INDIA's stock began at 1009.0, peaked at 1009.0, dipped to 914.0, and closed up -7.93% at 929.0, with a volume of 3555458 shares.
Throughout the 52-week period, the stock hit a high of 968.2 and a low of 0.0.
Analysts' predictions indicate that NAM-INDIA's future price will be between 796.0 and 1100.0, with a mean price expectation of approximately 965.8571.

Technicals

Support and Resistance: With the current price at 929.0, support is found at 899.1 and resistance at 940.75. These levels indicate where buyers might step in at 899.1, while sellers could limit gains at 940.75, defining a trading boundary for Nippon Life India Asset Management Limited.
NAM-INDIA supportResistance 2b9df7
Support/Resistance for NAM-INDIA


Aroon: Aroon's bullish trend persists, with Aroon Up at the 100 level, signaling strong upward momentum. Further exploration with additional indicators is needed to confirm the trend's durability and potential for continued growth.
NAM-INDIA aroon 2b9df7
Aroon chart for Nippon Life India Asset Management Limited


Bol. Bands: The asset's price is currently above the upper Bollinger Band, maintaining this position since its previous upward surge. This indicates strong bullish momentum and suggests that the asset could be overbought. Traders may interpret this as a sign of ongoing strength for NAM-INDIA, but they should also be cautious of a potential correction, as extended periods above the band often lead to reversals.
NAM-INDIA bbands 2b9df7
Bolinger Bands chart for Nippon Life India Asset Management Limited


Parabolic SAR: The PSAR for NAM-INDIA 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.
NAM-INDIA psar 2b9df7
Parabolic Stop and Reverse chart for Nippon Life India Asset Management Limited


Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Nippon Life India Asset Management Limited. This suggests a period of market balance, where neither side is showing dominance.
NAM-INDIA stoch 2b9df7
Stochastic chart for Nippon Life India Asset Management Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
NAM-INDIA trippleSMA 2b9df7
Tripple SMA chart for Nippon Life India Asset Management 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.