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Technicals for Nippon Life India Asset Management Limited
By MusingTheNews
2025-12-12 20:49
Overall Technical outlook
Price Summary
Nippon Life India Asset Management Limited's stock began trading at 823.95 on 2025-12-10, soared to 830.3, dipped to 810.0, and finished the day -1.17% lower at 814.35, with 207444 shares exchanged. The highest price the stock achieved in the past 52 weeks is 968.2, while the lowest price it saw is 0.0. Analysts expect the price of NAM-INDIA to vary between 740.0 and 1090.0, with an average expected price near 948.4762.
Technicals
Support and Resistance: The price is currently at 814.35, supported by 800.35 and resisted by 864.85. This indicates a range where 800.35 may provide a base for the price, while 864.85 serves as a cap on further upward movement for NAM-INDIA. Support/Resistance for NAM-INDIA
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Nippon Life India Asset Management 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 Nippon Life India Asset Management Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Nippon Life India Asset Management Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while remaining below 20, indicating a possible bullish move. This pattern is often viewed as a signal that the market might start to rise from a low point, potentially leading to gains. Investors might see this as a favorable entry opportunity. Stochastic chart for Nippon Life India Asset Management Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Nippon Life India Asset Management Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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