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Technicals for NLC India Limited
By MusingTheNews
2025-06-13 20:47
Overall Technical outlook
Price Summary
On 2025-06-13, NLC India Limited's stock opened at 232.0, reached a high of 235.33, dropped to a low of 230.2, and closed up 0.1% at 232.24, with a trading volume of 1042422 shares. The stock reached its highest price of 297.73 and its lowest price of 194.28 during the 52-week period.
Technicals
Support and Resistance: At 232.24, the price is held up by support at 219.28 and faces resistance at 235.0 for NLCINDIA. This suggests a trading range where 219.28 provides a base and 235.0 limits upward movement. Support/Resistance for NLCINDIA
Aroon: The AROON indicator signals a bearish trend, with Aroon Down rising and the Aroon Oscillator reversing. This suggests a downward trend reversal, indicating that price may face continued pressure. The shift in these indicators could be a sign of growing bearish sentiment. Aroon chart for NLC India Limited
Bol. Bands: The price is currently below the lower Bollinger Band and has stayed there since the previous move, suggesting a strong bearish trend. This sustained position below the band may indicate that the market is oversold, with continued downward pressure dominating the trading environment. The ongoing bearish momentum could signal further declines unless a reversal takes place, making this a key point for traders to monitor. Bolinger Bands chart for NLC India Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for NLC India Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for NLCINDIA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for NLC India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for NLC India 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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