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Technicals for One97 Communications Limited
By MusingTheNews
2025-08-15 20:48
Overall Technical outlook
Price Summary
On 2025-08-14, One97 Communications Limited's stock began at 1160.5, peaked at 1160.9, bottomed at 1135.0, and closed -0.79% down at 1151.3, with a volume of 4686818 shares. For the 52-week period, the stock's highest price is 1155.0, and the lowest price is 530.4. Based on recommendations from 17 analysts, the future price of PAYTM is expected to range from 705.0 to 1400.0, with an average price expectation around 1077.3529.
Technicals
Aroon: The AROON is in a neutral stance for PAYTM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for One97 Communications Limited
Bol. Bands: The price dipping under the upper Bollinger Band could signal an upcoming decline. This technical indicator suggests that the asset is overbought and may be poised for a correction. Traders might interpret this as a potential reversal, where the bullish momentum is slowing down, making it a key moment for evaluating trading strategies. Bolinger Bands chart for One97 Communications 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 One97 Communications Limited
Stochastic: The stochastic indicator for One97 Communications Limited reflects a bullish sentiment, as the K-line is above both the D-line and the 80 threshold. This setup points to strong upward momentum, implying that the market may continue to rise. Traders could consider this as an indication of sustained bullish activity. Stochastic chart for One97 Communications Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for PAYTM is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for One97 Communications Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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