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Technicals for The New India Assurance Company Limited
By MusingTheNews
2025-06-13 20:58
Overall Technical outlook
Price Summary
The New India Assurance Company Limited's stock opened at 187.25 on 2025-06-13, surged to 189.77, dropped to 185.11, and ended -0.42% lower at 186.47, with 799705 shares traded. During the 52-week span, the stock hit a high of 292.88 and a low of 142.11.
Technicals
Support and Resistance: The price sits at 186.47, supported by 174.07 and resisted by 187.58. This indicates a trading range where 174.07 provides a floor, preventing declines, and 187.58 acts as a ceiling, limiting further price increases for NIACL. Support/Resistance for NIACL
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. Aroon chart for The New India Assurance Company 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 The New India Assurance Company Limited
Parabolic SAR: The PSAR has just turned from bullish to bearish for The New India Assurance Company Limited, hinting at a possible market downturn. If this move is corroborated by other indicators, it could signal a strong bearish trend. Investors should be cautious and wait for additional confirmation before making decisions. Parabolic Stop and Reverse chart for The New India Assurance Company Limited
Stochastic: The current state of the STOCHASTIC is neutral for NIACL, 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. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for The New India Assurance Company Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for The New India Assurance Company Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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