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Technicals for The New India Assurance Company Limited
By MusingTheNews
2025-04-25 20:57
Overall Technical outlook
Price Summary
The stock of The New India Assurance Company Limited experienced a -4.24% fall, showcasing a awful market performance. The New India Assurance Company Limited's stock opened at 176.0 on 2025-04-25, surged to 180.5, hit a low of 166.5, and closed up -4.24% at 168.53, with 2268349 shares traded. In the last 52 weeks, the stock's top price was 292.88 and the bottom price was 142.11.
Technicals
Support and Resistance: The price for NIACL at 168.53 is supported by the 163.9 level and faces resistance at 174.07. This range indicates key levels where the price may find buyers near 163.9 and sellers near 174.07, defining a trading range. Support/Resistance for NIACL
Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for NIACL. Aroon chart for The New India Assurance Company Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for The New India Assurance Company Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for The New India Assurance Company Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for The New India Assurance Company Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for The New India Assurance Company Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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